Alternative-Fuel Vehicles (AFV)

Paper Summary:

This paper reviews four alternate fuel options -- hybrids, turbo direct injection diesel, natural gas and liquefied petroleum gas (LPG); the advantages of alternate fuel options include healthier environmental impacts, a release reduction of carbon monoxide and other unhealthy gases (lead and nitrogen oxides) in the atmosphere and more fuel efficient options. The author points out that, currently, of the major car rental companies such as Hertz, Avis and Budget, only Budget presently offers alternative-fuel car rentals. The paper concludes that the economic advantages for Lotus Car Rental to offer AFVs to their Fleet are invaluable because (1) the consumer market's opinion has changed due to the rapid development in AFV technology, (2) the increasing gas prices, (3) the environmental crisis, (4) the tax incentives offered by the I.R.S., (5) the great success of car manufacturers in developing, producing and distributing AFVs and (6) the competitive and marketing advantages of Lotus to be associated with the pioneers in this field. Table and charts.

Table of Contents
Introduction
The History of Rental Cars in the U.S.
Alternative Fuel Options
Hybrids
Turbo Direct Injection Diesel
Natural Gas
Liquefied Petroleum Gas (LPG)
Car Rentals and Alternative Fuel Vehicles
Advantages of Offering Alternative Fuel Vehicles as part of the Lotus Rental Fleet
The Future and Alternative Fuel Vehicles
Summary

From the Paper:

"Hybrid Electric Vehicles (HEV's) combine the conventional internal combustion engine with the battery and electric motor of an electric vehicle. The HEV's have gained a lot of popularity in recent years, because it offers the driver the same range in mileage and rapid refueling options as the conventional vehicle. The practical benefits of HEV's include improved fuel economy and lower emissions compared to conventional vehicles. A disadvantage is the purchase price, which is about $3,000 higher than a comparable car with a internal combustion engine that uses petroleum."

More papers on Alternative-Fuel Vehicles (AFV):

• Research Paper # 102995 : "Lotus and Alternative Fuel"
• Case Study # 109337 : "Alternative Fuel for Lotus Car Rental"

APA Citation:

MLA Citation: