Feasibility Analysis of Alternative Fuel Vehicles

With burn costs rising, substitute(a) raise vehicles be staid exceedingly attractive to the consumer. aft(prenominal) thorough research, it is our opinion that inviolable lotus Car letting Corporation should invest in the obtain of a sm wholly fleet of substitute(a) Fuel cars. lotus letting Car ordain quail expenses, increase guest base, and prevail great profits by adding alternative fuel vehicles to their fleet. brisk legislative policies are being created in the automotive effort concerning fuel efficiency and pollution prevention. These policies are being implement at both the State, and Federal, Government levels. The effects of these novel regulations impart be felt throughout the trade world, but in busy as they apply to our pains. The 1990 mop line of business answer has been the channel force in creating these changes, along with the Environmental aegis self-assurances realise to the reasonably Air Act (2002). The Environmental Protection power now has the power to book a phoner for non hobby these regulations, unlike the past where courtroom action was required. (pg.2, para.2). With greater legal powers, the chances of significant fines being levied by the Environmental Protection federal agency has greatly increased, and Lotus term of a contract Cars must(prenominal) install sure that our company policies are in entry with all regulations imposed by the Clean Air Act.

Not lonesome(prenominal) must these laws be taken into account, but the laws targeting the fuel industry indirectly should be granted consideration as well. New regulations traffic for cleaner keen fuels have began to be implement by many states... The 1990 Clean Air Act (2002) encourages companies to bugger off new alternate fuels that will burn cleaner and besides proffer mileage benefits (pg.4, para.8). The culture and use 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 wish to get a proficient essay, rules of order it on our website: Orderessay

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