PAYBACK ANALYSIS OF E85- AND CNG-POWERED VEHICLES IN HUNGARY

As a result of my analysis it was found that when purchasing a new alternative fuel car only a CNG-powered vehicle could be a reasonable choice, the extra cost of which (depending on its scale) ensures a return within 2 – 7 years, i.e. over the real expected duration of use of the car. However, the spread of these cars is determined by the lack of CNG fuel stations in Hungary. The E85-powered so called FFVs could become a competitive alternative with lower ethanol prices or moderate government support (for example a registration fee allowance similar to that enjoyed with hybrid vehicles, or reduced taxes).


Subject(s):
Issue Date:
Apr 04 2013
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/147413
Published in:
APSTRACT: Applied Studies in Agribusiness and Commerce, Volume 06, Number 5
Page range:
47-50
Total Pages:
4
Series Statement:
6
5




 Record created 2017-04-01, last modified 2017-08-27

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