Companies category powered by

Toyota-ExxonMobil test new fuels with potential to reduce emissions by 75%

ExxonMobil and Toyota have formed a partnership to test out low-carbon fuels in gasoline engines, potentially offering a way for drivers to reduce emissions without upgrading to an electric vehicle.

Collage Maker-19-Apr-2023-10-43-AM-5053

“The fuel blends are made from cleaner feedstocks and could one day cut greenhouse gas emissions from internal combustion engines by as much as 75% compared with regular gasoline,” said Andrew Madden, ExxonMobil’s vice president for strategy and planning, citing initial trial results. The fuels proved compatible with Toyota vehicles, raising the prospect of a drop-in solution that could compete with battery-powered cars in future.

Though Madden added that the fuels are “very much at the test phase” and would require government policy support before becoming commercially available. They’re mostly a mix of existing feedstocks like renewable biomass and ethanol produced using cleaner processes, he said.

“Having a solution for liquid fuels that we can use in the existing fleet, having it in the kind of policy construct where we allow the market to innovate, is the lowest cost way to decarbonize transportation,” Madden said in an interview last week.

Battery-powered autos still face significant hurdles to mass adoption, such as the availability of charging stations, long recharge times and the high cost of new vehicles. Also, they’re not zero carbon if powered by grid electricity, which is typically generated by a mix of sources including natural gas and coal.

(Source: autonews.com)

Read More

New Bean Bar opens in Zakaki
Freedom Holding Corp. reports 23% revenue growth for FY2025, driven by strong performance across brokerage and insurance segments
High Commissioner Manish: PM's visit reaffirms India's strategic vision for deepened engagement with Cyprus
Never stop growing: Lidl at UEFA Women’s EURO 2025
Kostas Koumis: The UAE market is promising and important for Cyprus tourism - The benefits of Investopia
Tourist arrivals record annual increase of 13.7% in May 2025
Viraj Kulkarni: I visualise at least six to eight times growth in the value of trade between Cyprus and India in the next few years
Broad public sector employment shows annual increase of 1.7% in first quarter of 2025
Wizz Air suspends flights to Tel Aviv and European flights to Amman until 15 September
Bounced cheques at €62,164 in May after decreasing to €22,860 in April