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Porsche is researching synthetic fuels to make gas-powered cars sustainable
The road to sustainable vehicles likely ends at electric cars, yet the route to this goal isn’t clear. There are multiple ways to get there, and Porsche is looking at synthetic fuels as a potential path. These so-called eFuels are produced from CO2 and hydrogen. If produced using renewable energy, they can help vehicles powered by internal combustion engines (ICE) become more sustainable before the end of their life.
Earlier this week, Porsche AG’s Detlev von Platen spoke to this alternative fuel at TechCrunch Sessions: Mobility.
Looking at Porsche’s current lineup, it’s easy to see where the automaker is heading: Electric sports cars. Right now, in 2020, the automaker has one electric sports sedan and an electric version of its small SUV coming soon. The automaker has a handful of plug-in hybrids available, too. The automaker says half of its vehicles will be electric by 2025.
“We are seeing a lot of new regulations coming up everywhere in the world,” Detlev von Platen, member of the Executive Board, Sales and Marketing, said at TC Sessions: Mobility 2020. “California is one example. Europe and China will become even more complicated in the future, and we see the transformation coming up very quickly. And to a certain point of time, developing and producing combustion engines and cars around this technology will become even more expensive than a battery vehicle. Things are moving very fast.”
Governments worldwide are using aggressive regulations to push automakers toward an electric future, though that goal doesn’t address the millions of gasoline-powered vehicles already on the road.
Von Platen explains that it’s Porsche’s goal to reach the commitments laid out by the Paris Climate Accord ahead of schedule. To do so means reducing the environmental impact of the entire car industry, and Porsche sees eFuels as a way to reduce the environmental impact of current and future internal combustion vehicles. If produced using renewable energy, it would result in ICE-powered vehicles being powered by a renewable source fuel.
Porsche is in a unique position: 70% of the vehicles it ever produced are still on the road. Their owners are generally enthusiastic and unlikely to trade-in their classic air-cooled Porsche coupes for an electric vehicle. The company sees eFuel as a way to reduce the environmental impact of those vehicles while keeping them on the road.
This new type of synthetic fuel is produced out of hydrogen and CO2. Porsche says that this fuel shares properties with kerosene, diesel and gasoline produced from crude oil in its most basic term.
“This technology is particularly important because the combustion engine will continue to dominate the automotive world for many years to come,” said Michael Steiner, member of the Executive Board, Research and Development, in a statement released in September. “If you want to operate the existing fleet in a sustainable manner, eFuels are a fundamental component.”
Synthetic fuels were tried in the past and gained little long-term traction. Porsche wants to influence this new breed of synthetic fuel specifications to ensure the eFuel works within Porsche’s performance engines. “When E10 came onto the market, the blend had some disadvantages. It must be different this time: it must have advantages,” Steiner said.
“We started a pilot program to talk about the industrialization of this fuel technology to make it cheaper, as it is still quite expensive compared to fossil fuels,” von Platen said. “If this works in the future, we can have something that will increase the speed of creating sustainability besides battery technology.”
Full Panel — Exclusive to Extra Crunch subscribers
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Announcing the TC Pitch-Off: Mobility startups
For the past two years, TechCrunch has brought together the best and brightest minds in mobility at our TechCrunch Sessions: Mobility event. This year, we are adding a little extra twist. On October 5, the day before Mobility 2020, TC is hosting a pitch-off — which only ticket holders can access — highlighting disruptive startups in the mobility space. Startups from all over the world applied, only 10 made the cut.
Founders will pitch on the virtual TC Stage for one minute, followed by an intense Q&A with our judges. After all 10 companies have pitched, the illustrious set of judges — Shahin Farshchi (Lux Capital), Natalia Quintero (Transit Tech Lab) and Rachel Holt (Construct Capital) — will select the top five companies that will go on to pitch at the main event on October 7 in front of investors, press and thousands of online viewers.
Check out the featured companies here:
Automotus
BuuPass Kenya Limited
DUCKT
fluctuo
HyPoint
Le Car
Movel AI Pte Ltd
ONO (ONOMOTION GmbH)
PreAct Technologies
Shelf.Network
To see the startups pitching on October 5, you can snag an exhibitor pass for just $25. It’ll get you access to the pitch-off, breakout sessions from ChargePoint and access to visit all of the early-stage mobility startups in the expo for all the days of TC Sessions: Mobility. But if you really want to take it to the next level, get an all-access General Admission ticket for $195 that gives you access to the main stage speakers, networking and a complementary Extra Crunch membership (worth $99). But you’ll need to grab your tickets before Monday, October 5th when prices increase!
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See what’s new from ChargePoint, Wejo, Waymo and Planet M at TechCrunch’s mobility event next week
We’re in the final run up to TC Sessions: Mobility 2020 on October 6-7, and the great stuff just keeps on coming. We’ve stacked the two-day agenda with plenty of programming to keep you engaged, informed and on track to build a stronger business. You’ll always find amazing speakers — some of the most innovative minds out there — on the main stage, but don’t forget about the breakout sessions.
Dramatic pause for a pro tip: Don’t have a pass yet? Buy one here now, before prices go up on October 5. TIP: You can check out some of the breakout sessions, q&a sessions, startup mobility pitches and the expo when you get the Expo Ticket for just $25.
The smaller breakout sessions, led by top experts in their field, let you dig into specific topics, ask questions and make connections. A lot of excitement and startup magic can happen at the breakout sessions.
“I enjoyed the big marquee speakers from companies like Uber, but it was the individual presentations where you really started to get into the meat of the conversation and see how these mobile partnerships come to life.” — Karin Maake, senior director of communications at FlashParking.
Before we share the breakout session topics, we have another exciting bit of news. We’re hosting pitch sessions for early-stage startup founders who exhibit in the expo at TC Sessions: Mobility. Each startup gets five minutes to pitch to attendees in a breakout session. Remember, this conference has a global reach — talk about visibility! Want to pitch? Buy an Early Stage Startup Exhibitor Package before sales close on Friday.
Alrighty then…let’s look at some of the breakout sessions waiting for you at TC Sessions: Mobility 2020.
Tuesday, October 6
10:00 am -10:50 am PDT
Software Is Revolutionizing the Driver Experience and Driving Mass Electrification – Software in EVs enables a shift from buying a car to investing in an experience. Hear how it’s driving adoption, revolutionizing behavior & keeping up w/ demand. Brought to you by ChargePoint
10:25 am -10:45 am PDT
Main Stage: Driving the Mobility Revolution with Connected Car Data – Learn from Wejo’s VP of Partnerships about the future of mobility and how connected car data impacts the world of autonomous, electric and shared vehicles. Brought to you by Wejo
10:55 am – 11:15 am PDT
Main Stage: Designing Driverless: A Look into the Waymo One Experience – Waymo’s head of ux research and design gives an inside look into their fully driverless service experience and its design. Brought to you by Waymo
11:00 am – 11:15 am PDT
Q&A Session w/ Reilly Brennan, Amy Gu and Olaf Sakkers
12:15 pm – 12:30 pm PDT
Q&A Session w/ Danielle Harris, Avra van der Zee and Dmitry Shevelenko
12:30 pm -1:20 pm PDT
Mobility Startup Demo Pitch Session – Part 1
Wednesday, October 7
9:00 am – 9:50 am PDT
Mobility Startup Demo Pitch Session – Part 2
10:00 am – 10:50 am PDT
Mobility Startup Demo Pitch Session – Part 3
10:55 am – 11:15 am PDT
Main Stage: Public-Private Partnerships: Advancing the Future of Mobility – Join us to learn how the public and private entities partner together to shape the future of mobility with the next generation of transportation solutions. Brought to you by Planet M
11:00 am – 11:20 am PDT
Q&A Session w/ David Estrada, Melissa Froelich, Jody Kelman and Prashanthi Raman
12:15 pm – 12:30 pm PDT
Q&A Session w/ Ben Bear, Fredrik Hjelm
Is your company interested in sponsoring or exhibiting at TC Sessions: Mobility 2020? Contact our sponsorship sales team by filling out this form.
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Final week to score $50 student passes to TC Sessions: Mobility 2020
Class is about to be in session, students. If you’re passionate about mobility and transportation tech and hungry to learn from the visionaries, makers and investors who are building the future today, don’t miss out on TC Sessions: Mobility 2020 on October 6-7.
We support you, the next generation of mobility tech leaders, so take advantage of our $50 student pass — a $145 savings. But don’t delay. The price increases on October 5.
TC Sessions: Mobility 2020 offers two days packed with 1:1 interviews and panel discussions with the people at the top of game — the leaders, movers and shakers who continue to push beyond what seems possible. You won’t just hear from them, you’ll engage with them during a series of Q&A breakout sessions.
Whether you’re focused on micromobility, connected data, EVs or regulatory trends, you’ll find it — and much more — across the main stage, breakout sessions and sponsored sessions. Here’s a taste of what to expect. Be sure to study the event agenda and start strategizing your schedule now.
Driving the Mobility Revolution with Connected Car Data: Bret Scott, Wejo VP, discusses the future of mobility and how connected car data impacts the world of autonomous, electric and shared cars.
Software Is Revolutionizing the Driver Experience and Driving Mass Electrification: Software in EVs enables a shift from buying a car to investing in an experience. ChargePoint CEO Pasquale Romano discusses how it’s driving adoption, revolutionizing behavior and keeping up with demand.
Uber’s City Footprint: Uber touches many aspects of the transportation ecosystem — autonomous vehicles, food delivery, trucking and traditional ride-hailing. Director of Policy, Cities & Transportation Shin-pei Tsay discusses Uber’s place in cities and how she navigates various regulatory frameworks.
This virtual conference draws a global audience and thousands of attendees. Talk about the perfect place to build your network — an essential part of any successful career. Find that dream internship or exciting employment opportunities and explore more than 40 early-stage mobility startups in the expo area.
Take advantage of CrunchMatch, our free AI-enhanced networking platform. It’s an easy-to-use tool to find and connect with the people who can help you advance your startup aspirations. Stay focused and organized as you schedule 1:1 meetings, meet founders, pitch investors, discuss your resume and otherwise impress the pants off influential people.
Class is in session on October 6-7. Join your community, dazzle the experts and build a firm foundation for your future at TC Sessions: Mobility 2020. Purchase your student pass before the price increases on October 5, and save a chunk of cash.
Is your company interested in sponsoring or exhibiting at TC Sessions: Mobility 2020? Contact our sponsorship sales team by filling out this form.
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Last day to save on passes to TC Sessions: Mobility 2020
The final countdown to early-bird savings is in play, and you have mere hours left to save $100 on passes to TC Sessions: Mobility 2020 (October 6-7). The early-bird offer expires — and prices go up — today, September 11 at 11:59 p.m. (PT). Why pay more than necessary? Buy your pass now and keep more money in your wallet.
Whether you’re already part of the mobility revolution or just exploring the possibilities within this rapidly changing industry, Mobility 2020 is designed with you in mind.
“I’m a serial entrepreneur with two mobility companies, and TC Sessions: Mobility was the perfect place to explore opportunities for both. We attended to connect with potential clients who need mobile applications for their businesses. And we also went to learn more about the micromobility landscape in the U.S.” — Parug Demircioglu, CEO at Invemo and partner at Nito Bikes.
You’ll hear from and engage with some of the industry’s leading voices. The visionaries, makers and investors building the future and changing the way we move everything around the world. Check out the agenda here.
“TC Sessions: Mobility exceeded my expectations in terms of useful content. Every panel discussion I attended, every interaction I had was relevant to my work or to my daily life — because we don’t stop living at 5 p.m.” — Jens Lehmann, technical lead and product manager, SAP.
You’ll spend two days diving deep into mobility and transportation tech, trends and regulatory realities. Explore and connect with more than 40 early-stage mobility startups exhibiting in our virtual expo. And — because no one goes far alone — CrunchMatch, our AI-powered platform, helps you expand and strengthen your network with people who align with your business goals.
“The networking at TC Sessions: Mobility is terrific. Our company’s building momentum in the U.S. market, and the opportunity to meet and talk with all the players is very important. The CrunchMatch platform made it easy to connect, and I used it to schedule 22 meetings.” — Melika Jahangiri, vice president at Wunder Mobility.
And then there’s the newest addition to TC Sessions: Mobility — Pitch Night, which kicks off the evening of October 5. Read the details here, and if you’re interested in participating, submit an application here by September 15.
So many outstanding reasons to attend TC Sessions: Mobility 2020, and one compelling reason to beat the deadline. Buy your pass before 11:59 p.m. (PT) tonight, and you’ll save $100.
Is your company interested in sponsoring or exhibiting at TC Sessions: Mobility 2020? Contact our sponsorship sales team by filling out this form.
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48 hours left to save on TC Sessions: Mobility 2020
Don’t you just love the feeling you get when crossing a task off your to-do list? It’s exponentially bigger and better when you can save $100 at the same time. Here’s the thing — you have just 48 hours to buy an early-bird pass to TC Sessions: Mobility 2020, save $100 and experience the all-too-elusive bliss of Getting. It. Done.
Want to feel all the feels? Buy your pass before the deadline expires on September 11 at 11:59 p.m. (PT).
Now that you’re all set in the pass department, let’s turn to the events of October 6-7. We have an outstanding agenda focused on the technology, trends and regulatory issues surrounding the current and future state of mobility.
Here are just a few of the many of the brilliant speakers and timely topics you can enjoy (see the entire Mobility 2020 agenda here):
- The Future of Racing: Formula E driver Lucas Di Grassi is part of a new racing series, in which riders on high-speed electric scooters compete against each other on temporary circuits in cities. Think Formula E, but with electric scooters. The former CEO of Roborace and sustainability ambassador of the EsC, Electric Scooter Championship, will join us to talk about electrification, micromobility and a new kind of motorsport.
- Investing in Mobility: Reilly Brennan, Amy Gu and Olaf Sakkers will come together to debate the uncertain future of mobility tech and whether VC dollars are enough to push the industry forward.
- Uber’s City Footprint: Uber’s operations touch upon many aspects of the transportation ecosystem. Whether it’s autonomous vehicles, food delivery, trucking or traditional ride-hailing, these products and services all require Uber to interact with cities and ensure the company is on the good side of cities. That’s where Shin-pei Tsay comes in. Hear from Tsay about how she thinks through Uber’s place in cities and how she navigates various regulatory frameworks.
You can also explore more than 40 early-stage mobility startups exhibiting their tech and talent in the digital expo. Want to really strut your stuff? Apply here by September 15 to participate in our first Pitch Night — we’re looking for 10 outstanding early-stage founders to throw down in front of judges on October 5. Five finalists will move on to present live from the Mobility Main stage on October 6 — alongside folks like Boris Sofman of Waymo, Nancy Sun of Ike and Trucks VC’s Reilly Brennan. You’ll gain world-wide exposure to thousands of TC viewers, including investors and press.
The early-bird deal disappears in 48 hours. Buy your TC Sessions: Mobility 2020 pass before September 11 at 11:59 p.m. (PT). Cross off the task, feel the joy, save $100 and do what it takes to drive your business forward.
Is your company interested in sponsoring or exhibiting at TC Sessions: Mobility 2020? Contact our sponsorship sales team by filling out this form.
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Virtual Mobility startup pitch night applications open
TechCrunch is on the hunt to feature 10 early-stage mobility startups at our virtual TC Sessions: Mobility 2020 pitch night. The pitch-off event, originally set for May, will now be held October 5th — the evening before Mobility 2020.
The top five companies from pitch night will take the stage at the main event with industry heavy hitters like Boris Sofman of Waymo, Nancy Sun of Ike and Trucks VC’s Reilly Brennan. Now we are shining a light on game changing startups — hardware and software breaking the mobility mold. From battery advancements to mapping, fuel processing to micromobility, TechCrunch wants the next generation of mobility’s brightest on stage. The process is simple:
Apply. TechCrunch editorial will review every application and demo video submitted. Companies will be reviewed based on innovation, scope of impact, uniqueness of product idea and potential for exit — IPO or acquisition. Selected companies will get to pitch onstage, receive two complimentary event tickets, an hour training with the Startup Battlefield Editor and a spot in CrunchMatch (TC’s meeting matching program).
Pitch Part I. The top 10 startups from around the world will be selected to pitch live to the TC audience on the virtual stage. After a private pitch coaching session, founders will have one minute to pitch, followed by a Q&A with our expert panel of investor and industry expert judges.
Pitch Part II. The top five companies from pitch night will get a prime slot to pitch and demo their product on the main stage at Mobility 2020 in front of thousands of TC viewers — press, industry leaders and VCs.
The deadline to apply is September 15th. Selections will occur on a rolling basis so get your application in ASAP!
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Beat the clock: Get your group discount passes to TC Sessions: Mobility 2020
The expression “it takes a village” easily applies to building a successful mobility startup, especially in uncertain and tumultuous times. It also takes opportunities, and you’ll find plenty of those at TC Sessions: Mobility 2020 (October 6-7). Even better — you can bring your entire village, increase your opportunity potential and save money with our group discount. Win-win-ka-ching!
When you book four or more tickets to TC Sessions: Mobility, you’ll trim $25 off the price of each pass — but only if you buy them before the deadline: September 4 at 11:59 p.m. (PDT). Prices go up September 5.
The two-day conference focuses on every aspect of mobility and transportation — autonomy, micromobility, AI-based mobility applications, investment, regulatory issues, battery technology and more. Learn from the leading experts about the current state of the industry and what trends — and which players — will shape its future.
You and your village can divide and conquer — gather the latest intel, network to build essential connections and engage in the kinds of conversations that lead to lasting partnerships. What you learn can shift the way you think about your goals. Here’s what two team members from FlashParking had to say about their experience:
“We left TC Sessions: Mobility with a good vision of how the space will evolve over the next three to five years. It will help us position our company and understand how to think about strategy and partnerships going forward.” — Jeff Johnson, vice president of enterprise sales and solutions at FlashParking.
“TC Sessions: Mobility isn’t just an educational opportunity, it’s a real networking opportunity. Everyone was passionate and open to creating pilot programs or other partnerships. That was the most exciting part. And now — thanks to a conference connection — we’re talking with Goodyear’s Innovation Lab.” — Karin Maake, senior director of communications at FlashParking.
CrunchMatch — our free business matchmaking platform — makes networking in a virtual venue easier. Answer a few quick questions, and the AI-powered tool helps you find, connect and schedule 1:1 video calls with the kinds of people you need to grow your business. Looking for investors? Check. Need a developer? Can do. Want to add new startups to your portfolio? CrunchMatch covers all the bases.
We haven’t touched on the great speakers we have on tap or explored the TC Sessions: Mobility 2020 agenda. Peruse it at your leisure, but don’t dawdle. Buy your group discount passes by September 4 at 11:59 p.m. (PDT) and save. Opportunity calls, and it’ll take a village to take advantage of all of them.
Is your company interested in sponsoring or exhibiting at TC Sessions: Mobility 2020? Contact our sponsorship sales team by filling out this form.
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Two weeks left on early-bird pricing for TC Sessions: Mobility 2020
It’s time to mobilize for early-bird savings on passes to the all-virtual TC Sessions: Mobility 2020, which takes place October 6-7. Prices will continue to increase as the event draws near. Buy your pass before September 4 at 11:59 p.m. (PT) and you’ll save $100 over full price.
This ain’t no two-day webinar, friends. We have the tech and people in place to create a virtual experience that lives up to the high standards we set for our in-person events. You’ll tune in and interact with the leading mobility makers, investors, movers and shakers. Check out our speakers here.
Expect in-depth interviews, panel discussions and insight on crucial trends in autonomous vehicles, electrification, shared mobility and beyond. Plus, we’ve added a pitch-off this year — stay tuned to learn how early-stage mobility startups can apply to compete.
Networking is an essential part of TC Sessions: Mobility, and we’ve built time for it right into our event agenda (yep, we’re adding more cool stuff in the coming weeks). The virtual aspect makes this the first time the global mobility community can participate in this conference. Now you can network with mobility startups and investors around the world.
Want to simplify, amplify and organize your networking? We supercharged CrunchMatch, our AI-powered networking platform, to help you connect and schedule 1:1 video meetings with the people you want to meet — based on mutual goals and business interests. And the upgraded algorithm makes those matches faster and more precise.
TC Sessions: Mobility may be virtual and yes, it will look and feel different. But virtual or not, the opportunities waiting to be discovered are very real. Look at what your peers have said about their TC Sessions: Mobility experience.
“People want to be around what’s interesting and learn what trends and issues they need to pay attention to. Even large companies like GM and Ford are there, because they’re starting to see the trend move toward mobility. They want to learn from the experts, and TC Sessions: Mobility has all the experts.” — Melika Jahangiri, vice president at Wunder Mobility.
“TC Sessions Mobility offers several big benefits. First, networking opportunities that result in concrete partnerships. Second, the chance to learn the latest trends and how mobility will evolve. Third, the opportunity for unknown startups to connect with other mobility companies and build brand awareness.” — Karin Maake, senior director of communications at FlashParking
Nothing but opportunity awaits at TC Sessions: Mobility 2020 on October 6-7. But if you want to get the best price, buy your pass before the early-bird offer expires September 4 at 11:59 p.m. (PT). It’s time to mobilize and save.
Is your company interested in sponsoring or exhibiting at TC Sessions: Mobility 2020? Contact our sponsorship sales team by filling out this form.
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Argo AI co-founder and CEO Bryan Salesky joins us at TC Sessions: Mobility 2020
This year’s TC Sessions: Mobility on October 6 & 7 will be a fantastic opportunity to find out all the latest on advancements in autonomy, micromobility, transportation AI and much more. Argo AI co-founder and CEO Bryan Salesky is among the best-positioned people in the world to speak to all those topics, and how they intersect with both the startup world and legacy automaker giants like Ford and Volkswagen.
Salesky has a long history of focusing on the intersection of robotics and transportation, dating all the way back to his work at the Carnegie Mellon University National Robotics Engineering Center, and CMU’s DARPA Urban Challenge winning competition entry in 2007. He was also an early team member for Google’s self-driving car project, which would eventually become Waymo, overseeing the search company’s self-driving sensor, computer and vehicle hardware platform.
Since founding Argo AI in 2016, Salesky has also been at the center of some of the biggest and most influential developments in the autonomous vehicle industry. The startup first made waves with a $1 billion investment from automaker Ford in 2017, which gave Ford a majority stake in the venture. Then in 2019, Volkswagen announced a $2.6 billion investment in Argo, putting it at the center of the self-driving stack of now just one, but two of the world’s largest car companies.
As of July, Argo’s valuation sits at around $7.5 billion, making it a unicorn many times over. We’ll hear from Salesky how the company is helping both these industry heavyweights prepare for an autonomous future. We’ll also talk about the path to commercialization of these services, and how soon we can think about seeing them in active use as consumers.
Get your tickets for TC Sessions: Mobility to hear from Bryan Salesky, along with several other fantastic speakers from Porsche, Waymo, Lyft and more. Tickets are just $145 for a limited time, with discounts for groups, students and exhibiting startups. We hope to see you there!
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