VW’s new boss has said he is committed to the shift to electric cars. But Oliver Blume has also been a big backer of a different approach to lower emissions: electrofuels.
new boss has said he is committed to driving the auto maker’s transformation from gasoline-powered cars to electric ones. But Oliver Blume has also been a big backer of a different approach to lower emissions: electrofuels.that produce energy the same way gasoline and diesel do. They combust as part of a conventional power drive. But they are manufactured by mixing water and carbon dioxide to create a low-carbon replacement fuel for diesel or gasoline engines.
Mr. Blume has championed Porsche’s move to fully electric models while also saying the brand was committed to the pursuit of e-fuels. He has said Porsche was headed down “a double e-path: e-mobility and e-fuels.” As head of Porsche, Mr. Blume has been betting that e-fuels could extend the life of some of the company’s popular sports cars, especially the 911. Porsche still has no plans to produce a pure electric version of the 911. In April, it invested $75 million in HIF Global LLC, a Santiago, Chile, company that is developing industrial-quality e-fuels.david hecker/Agence France-Presse/Getty Images
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