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Home Headlines Porsche CEO: There is no conflict between e-mobility and e-fuels
2023 03 13T092739Z 1 LYNXMPEJ2C0BW RTROPTP 4 AUTOS PORSCHE

Porsche CEO: There is no conflict between e-mobility and e-fuels

by Uma Rajagopal
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WOLFSBURG (Reuters) – Porsche CEO Oliver Blume characterised the debate over e-fuels as “emotional” and said there was no conflict between electrification and building out e-fuel production during a press call on Monday following the carmaker’s results.

Porsche is the strongest advocate for e-fuels as a carbon-free way of driving combustion engine cars among all German carmakers amid a debate in Europe over whether to allow new combustion engines to be powered by e-fuels after 2035.

“We can adjust tax politics to make e-fuels cheaper … politics should support investments to make prices more attractive,” Blume said. “It is worth it. I know no other possibility to decarbonise combustion engine cars.”

 

(Reporting by Victoria Waldersee, Editing by Friederike Heine)

 

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Uma Rajagopal has been managing the posting of content for multiple platforms since 2021, including Global Banking & Finance Review, Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune. Her role ensures that content is published accurately and efficiently across these diverse publications.