The MVDP allows zero duty on the importation of parts and components for the assembly of
alternative fuel vehicles.
Currently the Mississippi Development Authority (MDA) has about $225,000 available in the Mississippi Alternative Fuel School Bus and Municipal Motor Vehicle Revolving Loan Program dedicated to help fund the purchase of new
alternative fuel vehicles (AFVs) and/or the infrastructure necessary to run these vehicles.
Alternative fuel vehicles are now more common than ever.
Alternative fuel vehicles including electric, natural gas and fuel cell vehicles will increasingly penetrate the global fleet.
The provision of donated
alternative fuel vehicles to the state agencies 'would help trigger a paradigm shift in the mindset of the public so that we would be able to witness a dramatic reduction in both our fuel consumption and carbon emission,' Cusi said.
Matt Oliver, of Gocompare.com, who carried out the research, said: "While sales of petrol and diesel cars still dominate the market, an increasing number of motorists are buying
alternative fuel vehicles.
Demand for
alternative fuel vehicles showed a notable increase of 21.5 per cent, as consumers continued to favour lower emission vehicles with lower running costs.
Founded in 2010, EMAV is an assembler of
alternative fuel vehicles and the seller of commercial electric vehicles.
An increase in the use of conventional vehicles in combination with
alternative fuel vehicles requires trucking carriers to make a decision on when to use a mixed fleet.
As a result, a number of policies aimed at reducing oil consumption have been initiated in many countries, including subsidizing alternative fuels and
alternative fuel vehicles, biofuels mandates and higher fuel-economy requirements for new vehicles.
