Industry fears that so-called e-fuels could be a similar flop to biofuels are high. There are too many parallels. Which is why some players are very unsettled. There are also numerous critics warning against extending the life of internal combustion engines. On the other hand, synthetic fuels offer a great opportunity, especially for the until now market-dominating corporations to maintain their influence. In addition, many billions of euros in revenue beckon. Hence this attempt to shed some light on the e-fuel debate.
If there were to be a widespread switchover to e-fuels for transportation we would be shooting ourselves in the foot in environmental terms. The more we rely on e-fuels, the more impossible it will be for us to turn around the world’s energy system before it’s too late. The internal combustion engine isn’t getting any greener and a fundamental rethink of mobility is absolutely essential.
Was that the signal so many had waited for? On Nov. 29, 2016, BMW, Daimler, Ford and Volkswagen announced the establishment of a joint venture in the electric transportation sector. They explained in a memorandum of understanding that they would join forces and equally share responsibilities for advocating the deployment of a “high-powered DC charging network for battery-electric vehicles covering long-distance travel routes in Europe.”
Many big boys – as the leading US investment banks are called – have given Tesla an unquestionably positive rating. CEO Elon Musk understands how to polarize as well as convince analysts, but at the end of the day only hard facts count. The Credit Suisse analyst specializing in the field already expects a profit of US$ 4.00 per share for fiscal year 2016, since there had allegedly been so many orders for Model X, which would impact earnings.
Connectivity and digitalization – these were the main topics of the International Automobile Exhibition (IAA), which took place in Frankfurt a. M., Germany, from September 17 to 27, 2015. Both the media uplink to the entire globe and digital premium offers appeared much more important than clean engine technologies. The announcements did include much on electric cars