Saudi Aramco is ramping up its investments in synthetic fuels. According to Ahmad Al-Khowaiter, Executive Vice President of Technology and Innovation, despite the accelerating trend towards vehicle electrification, traditional internal combustion engines remain a crucial component in the realm of transportation. He contends that the global rush towards electrification is premature, emphasizing that while electrification does have its specific use cases, internal combustion engine solutions continue to hold significant importance.