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Porsche strengthens commitment to industrial production of

Porsche Invests $75 Million in Synthetic eFuels

Porsche, owned by Volkswagen (OTCMKTS: VWAGY), announced its USD75 Million investment of eFuels on Wednesday, as it strives to electrify 80% of its model lineup by 2030.

Porsche could be producing eFuels in Australia by 2026

Porsche wants to create its more sustainable eFuel in Australia, along with Chile and the USA, driven by a new investment.

Porsche Invests Additional $75 million Into Synthetic eFuels To Keep ICE Alive

COVID-19: Waymo becomes the latest company to pull out of CES

Google and General Motors Co joined Intel Corp, the world’s largest chipmaker, and Alphabet Inc’s autonomous driving unit, Waymo, in pulling out of in-person presentations at the CES technology conference scheduled for next month. GM on Thursday said that it would move to “an all-digital approach” at the annual event that has become a major venue for the unveiling of innovation in the automotive industry. The automaker would share “significant company news including the reveal of the Chevrolet Silverado EV [electric vehicle]” online during the conference, the company said in a statement. Google later said that it made the decision to pull out

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