Essay Alternative Fuel

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Abstract

The feasibility of adding AFVs (alternative fuel vehicles) to the Lotus Rental Car fleet is examined in the attached research. The advantages and disadvantages of AFVs were analyzed. In addition, the environmental effect of AFV use on future generations is also discussed. By comparing the overall information and data of AFVs vs. petroleum-fueled vehicles, and researching how other fleets have successfully incorporated AFVs, the result is conclusive evidence that the addition of AFVs to the Lotus fleet is a viable course of action for the future of Lotus.

The Feasibility of Adding Alternative-Fuel Vehicles
To the Lotus Rental Car Fleet
In the competitive business environment most
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Using alternative fuels helps reduce our nation's dependence on imported oil and improves air quality. The Energy Policy Act of 1992 (EPAct) defines alternative fuels as electricity, ethanol, natural gas, propane, methanol, hydrogen, and biodiesel (U.S. Department of Energy, What is the Energy Policy Act of 1992, para. 2).
One of the main issues that requires examination is to find out more details regarding the many different types of alternative fuels. With that thought in mind, the next step in our research process was to weigh the pros and cons of the various alternative fuel types that would be feasible for the Lotus Company to consider.
Since we are dealing with a rental fleet, both the cost of implementing a certain type of alternative-fuel vehicle as well as the availability of refueling stations must be considered when comparing the viability of the different fuel types. According to the U.S. Department of Energy, the availability of refueling stations is an issue for vehicles that run on propane and natural gas (U.S. Department of Energy, Alternative Fuels, para.8). With the number of refueling stations being inadequate for propane and natural gas, these two alternative fuels can be ruled out as an option for the Lotus fleet because the Lotus customers are not going to rent vehicles if refueling stations are not readily available. In addition, the problems with using natural gas vehicles are going to

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