Guys, do not argue... Provide good reasoning when supporting your statement.
Fuel economy or efficiency? Power or ecology?
You can't put them all together and get 300 HP from 5l/100 km. Period. Not today.
So, the truth is that HOT air will provide more efficient burning process. Heat is needed to evaporate petrol. Also, the burning process
needs heat. If the mixture comes in cold, first it will be warmed up, what takes away energy. Sure, with cold/denser air you get more oxygen, hence more fuel can be injected. Slightly more power than in hot air/less fuel.
As you all know there is a heated duct in air intake. Also, all you know that you get better fuel economy when driving on summer (not only due to different petrol mixtures).
So, you get more power per volume of petrol burned when using hot air, but on the other hand you get less power. As I said - nothing for free.
And noise is a great cheater...
Why do you get more power at low end?
Due to lesser restrictions.
Finally, something what may surprise you.
When do you get the best efficiency of your engine?
Any guesses?
Somewhere between 1500-2800 (+/-300 RPM) at WOT. WOT stands for Wide Open Throttle.
It may sound weird, but think of it - WOT provides all air needed, you do not produce much power at 1800, but get lots of torque. More air coming, more efficient burning process.
Sure, more fuel as well, but at WOT it takes you less time to get to the same speed.
Manual shift mode and you fly through gears.
It can be very well seen on stick shifts.
My example - today in the morning, at distance of 10 miles to work in "city driving" I got 5.5 l/100 km, which translates to 43 MPG (US) on my Elantra. That's via ScanGaugeII.
And I was not hypermiling. It was driving with the traffic except I was letting the car to coast when approaching red light.