 |  |  |  |  |
Hertz ditches electric cars
| |||||||||
|
Hertz ditches electric cars
| | |||||||
 |
 |
| | Thread Tools |
12th January 2024, 10:14
| #1 |
| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 148,618
 |  Hertz ditches electric cars Unreliable and cost too much to repair Rental giant Hertiz is flogging 20,000 EVs after losing millions to Tesla's price cuts. Hertz has decided to dump a third of its electric cars, totalling around 20,000 vehicles, and buy more petrol-powered motors instead. The rental giant has been bleeding money from its electric fleet, bosses have admitted, because they cost a fortune to fix and lose value fast. Hertz CEO Stephen Scherr moaned in a recent call with analysts that collision and damage repairs on an EV can often run about twice that associated with a comparable combustion engine vehicle. And EV price drops in the new car market have slashed the resale value of Hertz's used EV rental cars. https://fudzilla.com/news/automotive...-electric-cars |
|  |
|
Similar Threads | ||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| China exports more electric cars than anyone else | Stefan Mileschin | WebNews | 0 | 11th March 2022 09:49 |
| Kia's EV6 is the new benchmark for affordable electric cars | Stefan Mileschin | WebNews | 0 | 31st January 2022 06:56 |
| Xiaomi to make electric cars | Stefan Mileschin | WebNews | 0 | 29th March 2021 10:57 |
| Half of Norway’s new cars are electric | Stefan Mileschin | WebNews | 0 | 3rd July 2019 07:33 |
| Norway's electric cars make up a third of all sales | Stefan Mileschin | WebNews | 0 | 4th January 2019 07:01 |
| BMW says electric cars will not be ready until 2020 | Stefan Mileschin | WebNews | 0 | 26th March 2018 10:28 |
| Europe streaks ahead of US in electric cars | Stefan Mileschin | WebNews | 0 | 17th January 2017 08:44 |
| BMW wants to sell 100,000 electric cars next year | Stefan Mileschin | WebNews | 0 | 15th November 2016 05:45 |
| Mercedes will put an 'EQ' badge on its best electric cars | Stefan Mileschin | WebNews | 0 | 30th September 2016 10:57 |
| Electric Cars Can't Take The Cold | Stefan Mileschin | WebNews | 0 | 8th December 2015 13:45 |
| Thread Tools | |
| |
