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alternative fuel vehicle an alternative fuel vehicle is a vehicle that runs on a fuel other than traditional petroleum fuels petrol or diesel fuel and also refers to any technology of powering an engine that does not involve solely petroleum e g electric car hybrid electric vehicles solar powered irs announces higher standard mileage rate for 2018 the deductible business mileage rate is increasing 1 cent per mile as of jan 1 2018 the irs announced the new rate may be used by taxpayers to pute the maximum deductible costs of operating