News and Information

Hertz Rent-A-Car Selling Off EV Fleet

Hertz Rent-A-Car Selling Off EV Fleet

Electric vehicles.  Are they really ready?  The current administration does not care, it is all damn the torpedoes, full speed ahead.  Of course, like with the other emissions, California (tries to) lead the way.

In spite of the obvious.  California's electrical grid is already overtaxed.  Yet they want to somehow rid the state of internal combustion engine vehicles within the next twelve years (2035).  I will note that they will allow hydrogen power, a nod to Toyota's rejection of EV only powered vehicles.

"A major vehicle rental company is offloading thousands of electric cars in its fleet.

"Hertz added that the sale of these vehicles would “position the Company to eliminate a disproportionate number of lower margin rentals and reduce damage expense associated with EVs.” When addressing the financial results for the fourth quarter of 2023, Hertz asserted that “expenses related to collision and damage, primarily associated with EVs, remained high in the quarter, thereby supporting the Company’s decision to initiate the material reduction in the EV fleet.”"

Carroll: Arizona Leaders Should Pay Attention To Hertz Rejection Of Electric Vehicles

Other articles on the subject from other sources:

Can Rental EVs Survive After Hertz’s Shift Back to Conventional Vehicles?

Hertz is dumping thousands of EVs. This may be why.

Related Articles