Lotus car rental
Alternative Fuel Vehicles for the Future As fuel costs are rising, Alternative Fuel Vehicles (AFV) is becoming more attractive to the consumer. After thorough research, our opinion is that Lotus Car Rental Corporation should invest in the purchase of a small fleet of these cars in a test marketing effort. Lotus Rental Car can reduce expenses and increase their customer base by adding alternative fuel vehicles to their fleet. A wide variety of alternative fuels, excluding gasoline and diesel-for powering vehicles, exist. Some vehicles can be special ordered from the manufacturer, already adapted to accommodate these alternate fuels. In the case of hybrid cars, no special order is needed as models have been on the market since 1999 and are increasing in popularity. In the non-commercial arena, hybrid vehicles and 100% electric fuel vehicles are more widely used than other alternate fuel vehicles at this time. Commercially, Compressed Natural Gas (CNG) has become very popular especially in the public transportation industry. According to the "Transit Resource Guide" a publication of the American Public Transportation Association, "As of January 2001, approximately 25% or all new buses on order in the U.S. are natural
The second option that we are going to consider is the electric vehicle. Honda says their FCX car can operate in temperatures ranging from -20c to +95c. The power output is 107 horsepower, with 275 nim or torque. With gas prices continuing to raise, an increase in miles per gallon, a decrease in pollution, and comparable performance, the hybrid would be Lotus' sensible choice. to consider due to its limited mileage between recharges and its sizeable parts and services expense. The only power that comes from the air is solar power and most electricity is generated by coal, as much as 30% in California alone (Derr, 32). The modification includes installing a special fuel tank slot to be able to refuel the vehicle. Lotus can increase our market share by catering to the financial needs of our customers. This engine combination greatly reduces the large amount of pollutants that would usually be expelled into the environment by a normal engine. However, this does not mean that electric vehicles do not produce waste and pollution. Just like the stock market, alternative fuel vehicles are on the rise, and will likely fall just as quickly when the fuel prices go back to affordable rates. With a $2000 tax deduction for each hybrid purchased, that would take the price down to $502,000. There are many types of alternative fuel vehicles, but the main types and the four that we will focus on are compressed gas, electric, hybrid, and bio-diesel. The fourth and final AFV we are going to discuss about is the bio-diesel vehicle.
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