Porsche Invests $75 Million in Synthetic eFuels
Porsche, owned by Volkswagen (OTCMKTS: VWAGY), announced its USD75 Million investment in eFuels on Wednesday, as it strives to electrify 80% of its model lineup by 2030. Climate-neutral “e-fuels” are designed to replace gasoline in traditional combustion engines. The company will be specifically investing in Chilean eFuel producer Highly Innovative Fuels (HIF). [stock_market_widget type=”inline-label” template=”basic9″ …