Introduction
The transforming constraint embedded in the automotive industry demonstrates that there are many choices in car purchase. As far as these options are concerned, the fuel type is again vital. It means choosing between petrol, diesel, or electric. This study underscores the need for a well-rounded comparison of the three fuel types. Upon calculating such factors as cost, usefulness, and dependability, the buyer should be well-equipped with the necessary information to make the right decisions when purchasing a new motorcar. The analysis should be many-sided. That is to say, it will not only cover initial costs but also entail recurring expenses, functionality, reliability, environmental safety, and so on.
Aim
This review aims to deliver a thorough analysis of petrol, diesel, and electric cars to decide what fuel a new car buyer should consider. We will focus on identifying the choice that provides the most feasibility, practicality, and price for being green in terms of environmental impact.
Objectives
To achieve the primary aim, this research will undertake the following objectives:
Cost Analysis:
- Research the varied prices of petrol, diesel, and electric cars within your car class of choice. This will entail studying data from credible automotive sources and the internet for analysis.
- Calculate the cost of fuel consumption per kilometer for all options while considering the current fuel prices and the price history. Data from government statistic departments, as well as fuel price tracker internet sources, will be utilized.
- Assess possibilities of tax deduction, rebates, and subsidies (if any) for electric vehicles as an alternative. An analysis of data on government websites and sources will be performed.
- Consider the long-term cost of maintenance when comparing alternative fuel types. Reports from consumer groups and manufacturers will be used to determine maintenance schedules and their costs.
Environmental Impact Analysis:
- Research each fuel type’s tailpipe emissions and greenhouse gas (GHG) output. Data from government agencies and environmental protection organizations will be utilized.
- Evaluate the environmental impact of electricity generation for electric vehicles, considering the energy mix in the specific region. Information on national and regional electricity generation sources will be analyzed.
Literature Review
A literature review comparing petrol/diesel and electric vehicles will be briefly outlined here. This will focus on evaluating the recent publications, articles, and reports that study both these fuel types’ costs, practicality, and environmental aspects. undefined
- Cost Considerations:
Study the recent situation in pricing oil, government subsidies for electric cars, and the added cost implications.
- Technological Advancements:
o Articles related to battery technology improvements, implementation of charging infrastructure, and their effects on the possibility of using EVs.
- Environmental Impact:
In-depth examinations of the cradle-to-grave assessments on different fuels involve tailpipe emissions, electricity generation, and vehicle production.
The literature review will be the backbone of the research so that the analysis layer is complete and all the most recent car industry trends are considered.
Methodology
The secondary research will involve collecting and analyzing data on cars that run on gas, diesel, and electric vehicles. undefined
- Automotive Industry Reports: Automotive research reports of such authorities as J.D. Power, Kelley Blue Book, or LMC Automotive will be the source for getting numbers of the average sales price, fuel mileage, and maintenance costs of different vehicle classes.
- Environmental Reports: Environmental protection groups like the Environmental Protection Agency (EPA) or Intergovernmental Panel on Climate Change (IPCC) will be sources utilized to gain comprehension of the tailpipe emissions and greenhouse gases (GHG) for each fuel type.
- Consumer Reports: Consumer report websites and publications like Consumer Reports, J.D. Power, or Kelley Blue Book will be analyzed to understand the reliability rating of various car models, known problems, and warranty coverage details for each.
Data Analysis Techniques:
The data gathered from these sources will be organized, classified, and evaluated. These three factors will then be compared: the price of Petrol, Diesel, and Electric Cars. Here’s a breakdown of the techniques used for different data types:
- Quantitative data:
The price of the car, fuel efficiency, the distance it can cover, emissions figures, and maintenance costs will be reviewed descriptively using mean and mode. This might include figuring out averages, medians, and ranges to understand each fuel type’s tendency and variability and show how much fuel is used. Graphs and charts will help us compare metrics for the metrics of petrol, diesel, and electric vehicles.
- Qualitative data:
Analysis of qualitative information, for example, consumers’ reviews, experts’ opinions, and industry reports will be considered thematically to uncover the key features, concerns, and user experiences related directly to specific fuel types. Such could be mainly the arrangement of identical phrases, labeling them according to the feeling of the message, and identifying the positive and negative aspects.
- Sample Selection: Due to the availability of consumer reviews on internet resources, various brands within the desired category (for instance, sedans and SUVs) will be used as the sample for each fuel type (e.g., gasoline, electricity, and CNG). With that being done, key concerns and prospects will be identified to be addressed and exploited accordingly.
- Data Credibility: The sources of credible information, which will be cited later in the report, will have their authenticity verified. Reputable automotive research firms, government agencies, websites specialized in consumer reports, and trustworthy industry publications are among the resources to focus particular emphasis on.
Conclusion
This study shall help us profoundly comprehend the pros and cons of petrol, diesel, and electric vehicles. The report would have analyzed the cost, feasibility, dependability, and environmental impacts of the fuel type to provide helpful information to potential car buyers so they can make confident decisions. The analysis would not only be about the status quo but would also include a review of the futuristic trends, i.e., fuel technology, government regulatory awareness, and infrastructure development. The conclusion will state an appropriate fuel type for a new-car purchase, considering one’s personal demands, budget, and driving patterns.
References
Cobain, D. (2017) ‘How Influencer Marketing Affects Consumer Buying Behaviour’ https://miappi. com/how-influencer-marketing ….
Conde, R. and Casais, B. (2023) ‘Micro, macro and mega-influencers on Instagram: The power of persuasion via the parasocial relationship,’ Journal of Business Research, 158, p. 113708. Available at: https://doi.org/10.1016/j.jbusres.2023.113708.
Kamaldeep, S. (2021) ‘Influencer marketing from a consumer perspective: how attitude, trust, and word of mouth affect buying behavior,’ European Integration Studies, 15(1), pp. 231–241.
Ki, C.-W.C., et al. (2020) ‘Influencer marketing: Social media influencers as human brands attaching to followers and yielding positive marketing results by fulfilling needs,’ Journal of Retailing and Consumer Services, 55, p. 102133.
Kothari, C. R. (2004). Research methodology. New Age. https://ds.amu.edu.et/xmlui/bitstream/handle/123456789/9330/Research%20Methodology.pdf?sequence=1&isAllowed=y
Appendix
Gantt Chart
| Task | Week 1 | Week 2 | Week 3 | Week 4 | Week 5 | Week 6 |
| Literature Review | ||||||
| Develop Research Plan | ||||||
| Identify Research Sources | ✓ | |||||
| Data Collection | ✓ | |||||
| Data Analysis | ✓ | |||||
| Draft Report Sections | ✓ | |||||
| Develop Conclusion & Recommendations | ✓ | |||||
| Finalize Report | ✓ | |||||