It is known how much synthetic fuel will cost

Many believe that classic cars can survive thanks to so-called e-fuels, and now we know that it is a very possible option.

Perhaps the most vocal proponent of e-fuel is Porsche. Aware that there is no such electric car that can adequately replace icons like the Porsche 911, the German manufacturer has been working for years on the development of technologically and financially sustainable technologies of electronic fuel production.

It has been cooperating with Siemens for years, but also with other well-known companies within the ENAP consortium. Recently, the HIF Global facility in Chile became functional, in the expansion of which Porsche decided to invest another 75 million dollars this year alone. The plant will produce about 130 liters of synthetic fuel this year.

The idea of ​​e-fuel is to produce a carbon-neutral synthetic fuel that can be used in "regular" vehicles that use fossil fuels today. The thing works, and Porsche's GT3 coupe already runs on that fuel.

Oliver Blume, Porsche's front man and announced this week as head of the entire Volkswagen concern, also reveals that the price of synthetic fuel in production is already around $2 per liter, which is very close to today's fossil fuel prices.

In doing so, Blume reveals how 911 lives. They will soon offer a hybrid version of the 911, which will enter a new era, in line with the German government's wishes to further reduce dependence on petroleum products.

He does not shy away from electrification: "Our ambition is that over 80 percent of the units sold by 2030 will be electric. Our first electric Taycan model is a huge success with twice as many sales this year compared to the already successful previous season."

However, Blume is realistic and warns that over a billion fossil fuel vehicles are currently driving our planet. And it will move for decades to come.

This is precisely why he sees the solution in e-fuel. The only prerequisite is sustainable production, i.e. the use of alternative energy sources, all to influence the reduction of the carbon footprint.

At Porsche, they note another advantage of e-fuel. Made from water and carbon dioxide extracted from the air, with applications in cars, planes and ships, they have an advantage over pure hydrogen because they can be transported more easily. /Telegraph/