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electric-vehicles
Ars Technica
1 month ago
Cars

Looking for cheap EVs? Try Hertz's ex-rental cars.

Electric vehicles offer efficiency, quietness, and torque advantages over gasoline cars.
Hertz is selling a significant number of affordable EVs, many of which qualify for tax credits. [ more ]
The Mercury News
3 months ago
Cars

Why Teslas crash more than gas-powered cars

Hertz is selling its electric cars and replacing them with gasoline vehicles due to drivers crashing the EVs.
Data from insurance claims shows that drivers tend to crash more when switching to electric cars compared to gasoline vehicles. [ more ]
www.nytimes.com
3 months ago
Cars

Hertz Will Sell Electric Cars After Being Burned by Tesla's Price Cuts

Hertz is selling one-third of its electric vehicles due to faster depreciation and higher repair costs.
The decision to sell the electric vehicles has fueled criticism of the Biden administration's policies promoting electric cars. [ more ]
www.mercurynews.com
3 months ago
Cars

Hertz selling 20K EVs to buy gasoline-powered cars

Hertz will sell off one-third of its electric fleet and use the money to purchase more gasoline-powered vehicles.
Electric vehicles have higher damage-repair costs and depreciation, which has affected Hertz's financials. [ more ]
WSJ
3 months ago
Business

After Big Tesla Bet, Hertz Selling One-Third of EV Fleet

Hertz is selling a third of its global electric vehicle fleet due to low demand for electrified rentals.
The proceeds from the sale will be used to buy internal-combustion-engine vehicles. [ more ]
moreelectric-vehicles
Entrepreneur
3 months ago
Cars

Hertz Is Selling Thousands of Used Teslas for as Low as $20K | Entrepreneur

Hertz is selling off 20,000 used Teslas from its fleet at affordable prices.
Buying a used EV from a rental fleet may come with higher mileage and potential battery deterioration. [ more ]
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