The Global Electrified Gasoline (E-gasoline) Market was valued at USD 75.11 Million in 2025 and is projected to reach USD 254 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 19.5% during the forecast period. This remarkable growth is being driven by stringent global carbon neutrality regulations, the strategic imperative to decarbonize hard-to-abate transport sectors, and accelerating technological advancements in synthetic fuel production.

As the global energy transition gains momentum, a new class of fuel innovators is emerging to address the carbon footprint of the existing internal combustion engine fleet. In this blog, we profile the Top 10 Companies in the Electrified Gasoline Industry—a dynamic mix of energy majors, technology pioneers, and automotive leaders who are commercializing carbon-neutral, drop-in synthetic fuels.

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🔟 1. HIF Global

Headquarters: Santiago, Chile
Key Offering: E-Gasoline, E-Fuels

HIF Global is a frontrunner in the e-fuel space, with a mission to decarbonize transport through synthetic hydrocarbons. The company is developing large-scale e-fuel production facilities, known as eFuels plants, that use renewable energy to produce green hydrogen, which is then combined with captured CO2 to create e-gasoline. Their flagship project in Chile, Haru Oni, is a pioneering demonstration plant, with major expansions planned in the United States and Australia.

Key Initiatives:

• Pioneering the Haru Oni eFuels plant in Magallanes, Chile

• Strategic partnerships with Porsche and Siemens Energy

• Targeting large-scale, cost-competitive e-gasoline production for global markets

Download FREE Sample Report: Electrified Gasoline(E-gasoline) Market – View in Detailed Research Report

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9️⃣ 2. Shell

Headquarters: London, United Kingdom / The Hague, Netherlands
Key Offering: Synthetic Fuels, E-Gasoline R&D

Shell is leveraging its vast experience in fuel synthesis and global distribution to advance e-gasoline technology. The company is actively investing in power-to-liquids (PtL) pathways and is involved in several research projects to produce synthetic gasoline from green hydrogen and carbon sources. Shell’s extensive refinery infrastructure and customer network position it as a key player in scaling e-fuel supply chains.

Key Initiatives:

• R&D into advanced synthetic fuel production technologies

• Exploring integration of e-fuel production with existing assets

• Commitment to developing low-carbon energy solutions

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8️⃣ 3. Norsk e-Fuel

Headquarters: Oslo, Norway
Key Offering: Sustainable Aviation Fuel (SAF), E-Gasoline

Norsk e-Fuel is Europe’s pioneering developer of commercial e-fuel production plants. The company’s mission is to industrialize the production of renewable fuels to decarbonize aviation and other transport sectors. Their first plant in Norway aims to produce e-kerosene and e-gasoline, capitalizing on the region’s abundant renewable hydropower to create a truly sustainable fuel source.

Key Initiatives:

• Building one of Europe’s first large-scale e-fuel production facilities

• Focus on reducing the carbon intensity of aviation and road transport

• Leveraging Nordic renewable energy advantages for cost-competitive production

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7️⃣ 4. Audi

Headquarters: Ingolstadt, Germany
Key Offering: E-Gasoline Validation, Automotive Partnerships

Audi has been a long-standing pioneer in e-fuels, particularly through its e-gas (synthetic methane) project. The automotive manufacturer has extended its research to include e-gasoline, validating its performance in internal combustion engines. Audi’s involvement is crucial for demonstrating the compatibility and performance of e-gasoline in high-efficiency engines, thereby creating early market demand.

Key Initiatives:

• Early R&D and validation of e-gasoline in internal combustion engines

• Strategic partnerships with e-fuel producers like HIF Global

• Advocating for a technology-open approach to decarbonization

Download FREE Sample Report: Electrified Gasoline(E-gasoline) Market – View in Detailed Research Report

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6️⃣ 5. Air Company

Headquarters: Brooklyn, New York, USA
Key Offering: Carbon-negative Fuels, E-Gasoline

Air Company is a technology startup that has developed a proprietary process to convert captured CO2 into high-purity fuels, including e-gasoline. Initially gaining attention for producing carbon-negative vodka and perfume, the company has successfully applied its technology to create sustainable aviation fuel and gasoline. Its innovative approach focuses on maximizing efficiency in the CO2 conversion process.

Key Initiatives:

• Proprietary technology for converting CO2 into hydrocarbons

• Production of carbon-negative transportation fuels

• Partnerships with airlines and government agencies for fuel testing

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5️⃣ 6. Haldor Topsoe

Headquarters: Lyngby, Denmark
Key Offering: E-Fuel Synthesis Technology, Catalysts

Haldor Topsoe is a global leader in catalysis and surface science, providing essential technology for e-fuel production. The company offers licensed processes and high-performance catalysts for methanol synthesis and methanol-to-gasoline (MtG) conversion, which are critical steps in producing e-gasoline. Topsoe’s technology is a key enabler for many e-fuel projects worldwide.

Key Initiatives:

• Providing leading methanol and gasoline synthesis technologies

• Developing optimized catalysts for e-fuel production efficiency

• Strategic partnerships with e-fuel project developers

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4️⃣ 7. Siemens Energy

Headquarters: Munich, Germany
Key Offering: Electrolyzers, E-Fuel Plant Integration

Siemens Energy is a critical technology provider in the e-gasoline value chain, specializing in electrolyzers for green hydrogen production. The company’s PEM (Proton Exchange Membrane) electrolyzers are a cornerstone for many e-fuel projects, including the HIF Global Haru Oni plant. Siemens Energy provides integrated solutions that cover the entire process from renewable power to synthetic fuel output.

Key Initiatives:

• Manufacturing high-efficiency electrolyzers for green hydrogen

• Integrated e-fuel plant design and engineering services

• Key technology partner for flagship e-fuel demonstration projects

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3️⃣ 8. CHN Energy

Headquarters: Beijing, China
Key Offering: Green Hydrogen, E-Fuel Projects

CHN Energy (China Energy Investment Corporation) is one of China’s largest power generators and is actively investing in green hydrogen and e-fuel production. With China’s strong focus on hydrogen as a strategic energy carrier, CHN Energy is well-positioned to scale e-gasoline production by leveraging its massive renewable energy portfolio and industrial capabilities.

Key Initiatives:

• Large-scale green hydrogen production projects

• Integration of e-fuel production with renewable energy assets

• Supporting China’s national hydrogen and carbon neutrality goals

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2️⃣ 9. CNPC (China National Petroleum Corporation)

Headquarters: Beijing, China
Key Offering: Synthetic Fuel Expertise, Infrastructure

As one of the world’s largest integrated energy companies, CNPC brings extensive experience in fuel synthesis and distribution to the e-gasoline market. The company’s expertise in Fischer-Tropsch synthesis and large-scale project execution provides a strong foundation for entering e-fuel production. CNPC’s vast refinery and retail network could facilitate the rapid deployment of e-gasoline once it becomes commercially viable.

Key Initiatives:

• Research into synthetic fuel production pathways

• Potential for integrating e-fuel production with existing refineries

• Exploring partnerships for e-fuel technology development

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1️⃣ 10. Sinopec (China Petroleum & Chemical Corporation)

Headquarters: Beijing, China
Key Offering: Refining Capacity, E-Fuel R&D

Sinopec, another Chinese energy giant, is actively exploring e-fuels as part of its decarbonization strategy. The company’s strong R&D capabilities and massive refining infrastructure position it as a potential major player in the e-gasoline market. Sinopec is investigating various pathways for producing synthetic fuels from green hydrogen and captured carbon.

Key Initiatives:

• Advanced research into carbon capture and e-fuel synthesis

• Pilot projects for green hydrogen production

• Strategic positioning for future e-fuel market development

Get Full Report Here: Electrified Gasoline(E-gasoline) Market – View in Detailed Research Report

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🌍 Outlook: The Future of Transportation Fuel Is Carbon-Neutral and Electrified

The electrified gasoline market represents a paradigm shift in how we approach transportation decarbonization. While battery electric vehicles dominate current discussions, e-gasoline offers a compelling pathway for sectors where electrification faces significant challenges.

📈 Key Trends Shaping the Market:

• Rapid scaling of electrolyzer capacity driving down green hydrogen costs

• Increasing policy support for synthetic fuels in Europe and North America

• Technology advancements improving the efficiency of CO2-to-fuel conversion

• Growing corporate demand for carbon-neutral solutions for legacy fleets

Get Full Report Here: Electrified Gasoline(E-gasoline) Market – View in Detailed Research Report

The companies profiled above are not only developing the fuel of the future—they’re creating a sustainable bridge that allows us to decarbonize transportation while preserving trillions of dollars in existing automotive infrastructure.