Hertz will sell off one-third of its electric vehicles (EVs) and will replace some of its global fleet with gas-powered cars, driven by higher costs and soft demand. The decision to sell off 20,000 ...
To balance ‘a disproportionate number of lower margin rentals and reduce damage expense associated with EVs,’ Hertz’s global electric vehicle fleet will shrink by one-third. To balance ‘a ...
U.S. sales of EVs and hybrids are both soaring, but there’s a key difference that distinguishes EVs: By and large, the ones that are selling well remain priced as luxury goods. That’s one of the ...
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