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Hertz CEO Leaves After Buying 100,000 Teslas

The Truth About Cars

Almost all of us have made a boneheaded purchase or three in our lives. But few are notable as the debacle at Hertz, a company which most gearheads know decided to buy tens of thousands of electric vehicles only to bin them at severely subvented prices. Now, the CEO is stepping down from his role.

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Tesla Model 3 Highland named best car you can buy in Norway

Teslarati

has named its Best Car Purchase of the Year award. As per the publication, the best car to purchase in the country today is none other than the upgraded Tesla Model 3, better known in EV circles as Project Highland. There is a reason why it became one of the world’s best-selling electric vehicles, after all.

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Union Pacific buys ten more all-electric locomotives, this time from Caterpillar Inc.’s Progress Rail, investing over $100 million in total

Electrek

Following recent news of the purchase of ten electric locomotives from Wabtec, Union Pacific railroad has followed up by purchasing another ten from Progress Rail, a Caterpillar Inc. more… The post Union Pacific buys ten more all-electric locomotives, this time from Caterpillar Inc.’s

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Rising gas prices influence Tesla and electric car purchases: survey

Teslarati

There are numerous factors to consider when one is looking to purchase an electric car. As the results of a March 2021 survey shows, rising gas prices are also an apparent factor for consumers when they are deciding to purchase an electric vehicle. . Don’t hesitate to contact us for news tips.

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Elon Musk teases purchase of Silicon Valley Bank after demise

Teslarati

Elon Musk teased the idea of Twitter buying Silicon Valley Bank after its sudden and somewhat unexpected demise earlier this week. Musk responded to a suggestion from Min-Liang Tan, CEO of gaming computer company Razer, who stated, “Twitter should buy SVB and become a digital bank.” “What an opportunity.

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Ecolab Plans to Purchase 1,000 EVs to Electrify California Fleet

The Truth About Cars

Electric vehicle demand among potential buyers is growing, but it’s slower than many had hoped. Ford recently announced that Ecolab would purchase more than 1,000 EVs to electrify its California operations through the next year. Ecolab will buy the F-150 Lightning and Mustang Mach-E to electrify its sales and service fleets.&

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Gen X, Millennials buy the most EVs, as Boomers dominate policy

Baua Electric

Gen X and Millennials tend to buy more EVs than Baby Boomers, but the older generation is still in control of EV policy, a pair of recent studies show. of new vehicles purchased by Gen X in 2023 were electric. Gen X purchased the most new vehicles of any generation over the year, as well as the most EVs in total.

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