That is a very cool concept AutoCycle.!Stumbled on some interesting videos about the FVT Ale:
http://www.fuelvaporcar.com
The second link refers to a Discovery Canada program covering the Ale team's entry own the X Price X Car competition - unfortunately I can't find that anywhere online.
The third link is their web site - unfortunately both from that site and from googling one gets the impression the project stalled as there seems quite a bit of old info but nothing recent...