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

75 years anniversary of German sports car manufactuer Porsche

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)