Green Cars: An Introduction And Brief Economic Alalysis

3641 words - 15 pages

Green Cars
An Introduction and Brief Economic Analysis
Since its invention in the late 1800s, the car has been a major part of our nation’s history and development. As the car matured, it started to become the primary source of transportation for both people and goods. As their technology continues to advance, the demand for more fuel efficient and cleaner emitting cars began to rise, and thus, the green car was born. But what makes a car “green”?
What is a Green Car?
The U.S. Environmental Protection Agency (EPA) rates vehicles “greenness” based on several specific factors. If vehicles score in the upper tier of their class, they are given “Smart Way” certification. These scoring ...view middle of the document...

(Axsen & Kurani, 2013)
The first HEV dates back to the early 1900s, when an engineer by the name of Ferdinand Porsche developed a car that ran on both gas and electricity. The “Lohner-Porsche Mixte” featured a gasoline powered engine that supplied power to an electric motor that drove the cars’ wheels. The design was a decent success and over 300 were produced. Newer cars based on Porsche’s technology continued to be produced for the next two decades, but interest and demand for the Mixte hybrids steadily declined, as they were more expensive and had less power compared to their gasoline powered counterparts. They soon faded into the past and didn’t resurface again until the 1960s when Congress passed legislation that stimulated the development of electric vehicles to help reduce air pollution. This coupled with the rising oil prices created a scramble to develop cars that reduced oil dependency. A limited number of all electric vehicles were introduced in the 1990s, including the General Motors EV1 and the Toyota RAV-4 EV, but they failed to attract consumer interest. Hybrids never regained a footing in America until the introduction of the Honda Insight and Toyota Prius in 1999 and 2000. Since then the Prius has become the most popular hybrid ever created. (Cars Direct, 2013)
HEVs and PHEVs differ slightly in their technology. HEVs are typically powered by a gasoline engine and boast large electric batteries to improve their cruising efficiency and run the cars electronics. Newer models recapture some of the energy from braking and many even shut off the gasoline motor while the car is stopped, all to improve fuel economy. (Axsen & Kurani, 2013) Leading the way in hybrid popularity and sales is still Toyota’s Prius. As the technology ages and develops, however, an increasing number of car companies are creating HEVs, including Ford, Honda, Chrysler and General Motors.
PHEVs are very similar to HEVs, but differ in their ability to be hooked to a power grid. This allows them to rely more heavily on electric power compared to HEVs, which in turn produces better gas mileage. Many have both electric and gasoline powered motors inside, allowing them to go some distance solely on the electric power in their batteries before the gasoline engine kicks in. (Axsen & Kurani, 2013) General Motors Volt was the first widely popular plug in hybrid car in America, but the 2014 model year is already splashed with numerous different plug-ins being introduced. Even luxury brands like Porsche, Audi, BMW and Mercedes-Benz have hybrid and plug-in hybrid models set to be released in the near future. (Motor Trend, 2013)
The hybrid is the most popular of the new green vehicles, but it still has its drawbacks. The largest and most obvious problem is the batteries. If they are to run the car, they have to be fairly large. Along with the bulky size, the batteries also come with a hefty weight and price tag, which arouses the question: is it really more efficient to drive...

Other Essays Like Green Cars: An Introduction And Brief Economic Alalysis

The Business Model Describes How an Organization Creates, Delivers, and Capture Value Economic, Social, or Other Forms of Value. the Business Model Is Part of the Business Strategy

1181 words - 5 pages Inter American University of Puerto Rico Metropolitan Campus Economic and Administrative Sciences Division School of Business Administration Graduate Program Project Management Helps IT Group Grow More User-Friendly Study Case # 1 By: Karla M. Ramos Y00047695 BADM 5100 Profa. Olga Maldonado Our case study introduces an emergent problem faced by Capital Region Health Care (CRCH) in regards to its Information Technology Services

. Amos Mccoy Is Currently Raising Corn on His 100-Acre Farm and Earning an Accounting Profit of $100 Per Acre. However, If He Raised Soybeans, He Could Earn $200 Per Acre. Is He Currently Earning an...

909 words - 4 pages . Amos McCoy is currently raising corn on his 100-acre farm and earning an accounting profit of $100 per acre. However, if he raised soybeans, he could earn $200 per acre. Is he currently earning an economic profit? Why or why not? 2. Determine whether each of the following is an explicit cost or an implicit cost: a) Payments for labor purchased in the labor market b) A firm’suse of a warehouse that it owns and could rent to another firm

"Say Goodbye" By Lewis Shiner: A Brief Summary, Theme, And Why It Was An Interesting Modern Novel - And Who Should Read It

646 words - 3 pages Laurie. And, the third person also seems to be told by the rock journalist/novelist, but almost from the view of an author writing a book. The constant jumping around in the sequence of the plot and the changing of the narrator helps keep Say Goodbye an interesting novel.Overall, "Say Goodbye" is a great modern day novel. Lewis Shiner does an excellent job in describing the different emotions of the characters. By slowing down the pace in

Grren Hrm

3939 words - 16 pages ………………………………..18 CHAPTER 5 HYPOTHESIS……………………………………………………19 CHAPTER 6 RESEARCH METHODOLOGY……………………………....19 CHAPTER 7 BIBLIOGRAPHY AND WEBLIOGRAPHY…………………..20 CHAPTER 8 END NOTE……………………………………………………….20 1. INTRODUCTION  GREEN Green is the colour of emeralds,Jade, and growing grass. Green is the colour most commonly associated with nature and the environmental movement, Islam, spring, hope and envy. The term Green is

How Green Is Your Machine

3037 words - 13 pages ). Providentially for environmentally minded consumers with an eye on their bank account, there is a third choice beyond gasoline and hybrid cars. As stated earlier, the 2009 Green Car of the Year is the VW Jetta TDI, a car “achieves estimated highway fuel economy of 41 mpg” and “an affordable $21,990 price tag” (Green Car Journal Editors, ¶5). Obviously, to be the green winner, it also met “emissions certification for all 50 states without the use

Data Analysis

1406 words - 6 pages basic daily items cause consumer more difficulties. When consumer spends increase portions of their monthly budget on necessities such as food, it leaves them less money to pour into the economy to help offset an economic slowdown (Borrington, 2011, p.55-75). In this report we will analyze the impact of recession on consumer’s spending on big tickets, such as cars and washing machines. As stated above, during recessions, consumers often change

Green Marketing

1704 words - 7 pages the gradual and systemic change in society which is very much required and which includes not only consumers, but also producers and the general commercial structure. By widening & deepening the meaning of green, relevant actors will have an economic incentive to pursue green product development. Strap up the market forces like government pressure, rules, standardization not only in product but also in the manufacturing process of product that

Pestle Analysis

1023 words - 5 pages cars and sports vehicles. An analysis of the industry using the PESTEL (Political, Economic, Social, Technological, Environmental and Legal) framework is carried out below: Political: The automotive industry has always received political support on account of several factors such as employment potential, export earnings and membership of the European Union. The Government has signed free trade deals with Singapore and also benefits from the EU

Interpretation: “Nothing Gold Can Stay” Poetry Is A Wonderful World

1076 words - 5 pages is experienced for the first time (e.g. walking), the moment of experience is over and cannot be replicated. It is only the moments of something ?new? that is an experience in life. Our newness is much like the spring, new for only a brief time. We search for a way to stay young forever in vain; Women with their make up and face lifts struggle to keep up their young appearance; Men with their young girlfriends and fast little cars struggle to

Effect of Foreign Car Companies on the American Auto Industry

2637 words - 11 pages percentage of American cars sold in Japan has dropped from over 25 percent in the early ‘90s to about 13 percent by 1996, the smallest market share between these two companies in 20 years. In 1996, these foreign-owned American plants employed about 40,000 Americans and built more cars than Ford Motor Company or Chrysler Corporation. Manufacturing and selling cars in foreign countries has had an enormous effect on American car companies since the

Sci/256 Week 1

866 words - 4 pages effects of cars are continuous from the start of | |Perform an internet search using one of these topics: |building one to when it actually breaks down. It takes a lot of pieces to | |car, electronics, water bottles, plastic grocery bags, |create on vehicle. Some of the pieces needed to create a vehicle that | |food choice, home size, commuting and incorporate the |effects the environment would be glass, a battery rubber for the

Related Papers

Integrative Approaches To Psychology And Christianity: An Introduction

1637 words - 7 pages . Reference Entwistle, D. N. (2010). Integrative approaches to psychology and Christianity: An Introduction to Worldview Issues, Philosophical Foundations, and Models of Integration (2nd ed.). Eugene, OR: Wipf & Stock Publishers.

Coca Cola: An Introduction And Brief Analyis Of Its Strategic Position

438 words - 2 pages entertainment venues.* The merger Strategy, for example, with Fosters Group, will provide access to completely new CCA alcoholic beverage market keep CCA at growth.* Acquisition strategy will also help to expand and increase sales.* Cocacola market is nearly 2,400 beverages products in more than 200 countries. And, in each of these countries, the brand is an active member of the business community, working hand in hand with local individuals, merchants and governments to improve health and society.

Looking At David Gauntlett's Novel, Media, Gender And Identity: An Introduction

981 words - 4 pages information, and this information alters the way they think and act; this statement being the main topic of David Gauntlett’s chapter titled "Some Background Debates" in the novel Media, Gender and Identity: an Introduction. With continuous changes in technology, things can be broadcasted faster, in a wider range, and to larger audiences. It seems that everyone is being exposed to the media thus making anyone susceptible to the ways media has influence

Using An Event To Illustrate Your Answer, Assess The Key Economic And Socio Cultural Impacts Of Events

1933 words - 8 pages When someone chooses to participate or enter an event there are economical and socio-cultural impacts. Because of this there are certain things to take into consideration. How long they intend to stay there, will they be staying in a hotel, how much they plan on spending at the event and in the area, will there be adequate transport, will there be security and first aid. This essay will assess the key economic and socio-cultural impacts of the