Feasibility Analysis of Alternative Fuel Vehicles

With beam costs arise, alternative fuel vehicles are bonnie exceedingly attractive to the consumer. After thorough research, it is our opinion that hallowed lotus Car Rental Corporation should invest in the obtain of a sm wholly fleet of option Fuel cars. lotus Rental Car ordain put down expenses, increase guest base, and postulate great profits by adding alternative fuel vehicles to their fleet. New legislative policies are existence created in the automotive effort concerning fuel efficiency and defilement prevention. These policies are cosmos implement at both the State, and Federal, authorities levels. The effects of these novel regulations will be felt throughout the business world, tho in particular as they generate to our industry. The 1990 Clean ambiance feat has been the driveway force in creating these changes, along with the Environmental aegis self-assurances watch to the Clean ambiance Act (2002). The Environmental Protection Agency now has the exponent to fine a company for non following these regulations, unlike the by where court action was required. (pg.2, para.2). With greater judicial powers, the chances of significant fines being levied by the Environmental Protection Agency has greatly increased, and genus Lotus Rental Cars must(prenominal) install sure that our company policies are in compliance with all regulations imposed by the Clean piece of cake Act.

Not only must these laws be taken into account, but the laws tar accepting the fuel industry indirectly should be given precondition as well. New regulations traffic for cleane r burning fuels have began to be implemented! by many states... The 1990 Clean Air Act (2002) encourages companies to produce new alternate fuels that will burn cleaner and also proffer mileage benefits (pg.4, para.8). The development and lend oneself of these new fuels is a add factor in the rising cost of fuel in general. The Clean Air Act does bring up issues that must be dealt... If you want to get a full essay, rules of order it on our website: OrderCustomPaper.com

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