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Hertz says it will invest some of proceeds from selling Tesla cars back into gas cars

Baua Electric

Yesterday, we reported on Hertz starting to sell its older Tesla Model 3s and they are going for fairly cheap. fleet, or about one-third of the global EV fleet. The Company expects to reinvest a portion of the proceeds from the sale of EVs into the purchase of internal combustion engine (“ICE”) vehicles to meet customer demand.

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Bezos Bucks? Get Ready for Corporate Digital Currency

Cars That Think

Buying and selling cryptocurrencies is a big business. The fraction that involved buying actual stuff (goods and services) is so small that it’s hard to measure. In de Bono’s vision, “large manufacturing corporations” should create their own currencies, which could be used to buy their products. billion.

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Convincing Consumers To Buy EVs

Cars That Think

With the combination of requiring all new light-duty vehicles sold in New York State be zero-emission by 2035, investments in electric vehicles charging stations , and state and federal EV rebates, “ you’re going to see that you have no more excuses ” for not buying an EV, according to New York Governor Kathy Hochul. How much range is enough?

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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

More from Fortune No party for Citis owners: You and me Is it time to buy American Express? It was announced in late September, as the global financial markets teetered on the abyss. Wang entered the automobile business in 2003 by buying a Chinese state-owned car company that was all but defunct. "Too many new roads."

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Electric Car Makers: Oregon Wants You - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

In a flurry of electric vehicle activity, three back-to-back announcements this week have placed a spotlight on Oregon’s plans to be the friendliest state in the nation in which to build, sell and buy electric cars. And with EV maintenance you are less exposed to being ripped off buy the ICE car repairman. — Jeff U 6.

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