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Ambitious eFuels project in Australia stalls as Porsche wavers…

7 April 2026, 7:45 am

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Ambitious eFuels project in Australia stalls as Porsche wavers…
Image: WhichCar
Ambitious eFuels project in Australia stalls as Porsche wavers…
Image: WhichCar

Summary: An ambitious eFuels plant project in Tasmania has stalled despite Porsche’s initial involvement. HIF Global relocated the site from near Hobart to a former mill in Burnie, with operations now predicted for 2030. Porsche has shifted focus to investor role amid billion-dollar losses from its electric vehicle strategy.

Brands mentioned: Porsche, HIF Global

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