Alternative Fuel for Lotus Car Rental

Paper Summary:

This paper analyzes the potential offered by alternative fuel vehicles in terms of the threatening approach of the fuel shortage crisis in the United States. It provides an assessment of the feasibility of adding these alternative fuel vehicles to the Lotus Car Rental vehicle fleet. The paper then concludes with a brief summary of whether or not this would be a positive effort on the part of Lotus.

Table of Contents:
Introduction
Analysis of the Factors
Cost of Adding Alternative Fuel Vehicles
Convenience of Alternative Fuel Vehicles
Availability of Alternative Fuels
Incentives for Adding Alternative Fuel Vehicles to the Fleet
Conclusion

From the Paper:

"A review of the literature indicates that the feasibility of adding alternative fuel vehicles is not reasonable for Lotus Car Rental. The main reason for this assessment is the fact that these vehicles are used only for a short period of time by the consumer, who just needs a car for a short-time. These consumers do not want to drive all over the place in search of an alternative fuel re-charge station. Furthermore, they are not concerned about the long-term affect of the vehicle or the cost of the vehicle, because they are not purchasing it themselves. Lotus Car Rental will not benefit from adding these vehicles to their fleet because their business depends on the demand of consumers for short-term use cars. Even government incentives do not provide enough reasons for the car rental facility to move away from gasoline powered vehicles."

Sample of Sources Used:

• California Energy Commission. (2005). Resource Guide: Infrastructure of Alternative Fuel Vehicles. Retrieved November 12, 2007 from http://www.energy.co.gov/reports/afuguide.html.
• Garrett, D. (2007). Choosing Alternative Fuels. Retrieved November 19, 2007 from http://www.choosingalternativefuel.com/.
• Science Daily. (2007). Alternative Fuel Vehicles will be Tough to Sell, but Policy Incentives will widen Use. Retrieved November 19, 2007 from http://www.sciencedaily.com/releases/2007/05/070530114449.htm.
• Science Daily. (2003). Plug-in Hybrid Vehicle can cut National Fuel Consumption in half. Retrieved November 19, 2007 from http://www.sciencedaily.com/releases/2003/10/031015031752.htm.
• Thomsen, M. (2000). Auto Makers Driving to the Greener Side. Retrieved November 11, 2007 from http://www.socialfunds.com/news/print.cgi?sfArticleID=438.

More papers on Alternative Fuel for Lotus Car Rental:

• Research Paper # 102995 : "Lotus and Alternative Fuel"
• Essay # 66018 : "Alternative-Fuel Vehicles (AFV)"

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