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Hertz announces ‘strategic decision’ to slash EV fleet

Teslarati

Hertz announced on Thursday in a regulatory filing with the SEC that it has made a “strategic decision” to slash its electric vehicle fleet by 20,000 vehicles. In the filing , Hertz said the figure is roughly one-third of its global EV fleet. Hertz has health with a major decrease in the value of its EV fleet, it said.

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Hertz Trims EV Fleet With Massive Sell-Off

The Truth About Cars

Hertz found that out the hard way, as it aggressively invested in new EVs for its rental fleet a couple of years ago, only to begin selling them off in 2024. While that splashy announcement likely netted the company new customers, it now has hundreds of EVs on sale as it moves to scale back its fleet.

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How to Buy a Car Online

Clean Fleet Report

How to Buy a Car Online A Step-by-Step Guide To Remove Risk This article may contain affiliate links. In the past year, worldwide car sales have increased significantly. Despite the prior decrease due to the COVID-19 pandemic, sales grew to 67.2 Some also offer buying, selling or exchanging old and new cars.

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Is A Tax On Electricity (kWh) Consumed The Best Way to Supplement the Fuel Tax for Electric Vehicles?

EV Adoption

As sales of electric vehicles begin to reach significant numbers across the US, states are exploring approaches to replace lost tax revenue since EV drivers don’t pay fuel taxes as drivers of gas-powered cars do at gas stations. Unfortunately there is currently no simple and agreed upon best replacement for the fuel tax.

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How Do the Used and Commercial Clean Vehicle Tax Credits Work?

Blink Charging

Usually when discussing federal electric vehicle tax credits in the United States , most people are referring to the Clean Vehicle Credit (formerly the Qualified Plug-in Electric Drive Motor Vehicle Credit) for new EVs. But that’s not the only federal tax credit for buying an EV.

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President Biden proposes $174B spend on EVs and chargers

Green Car Congress

Giving consumers point of sale rebates and tax incentives to buy American-made EVs, while ensuring that these vehicles are affordable for all families and manufactured by workers with good jobs. Electrifying the federal fleet, including that of the United States Postal Service. Climate science and clean energy.

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Citroën ë-Berlingo Van now available to order

Green Car Congress

The professionals targeted tend to be small and medium-sized fleets. With worldwide sales of nearly 1,900,000 since its launch in 1996, Citroën Berlingo Van occupies second place in the small van segment in Europe with a market share of 17% in 2020, and is continuing its rise by adapting to changing customer needs.

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