Remove Cheap Remove For Sale Remove International Remove Purchase
article thumbnail

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

Baua Electric

Hertz announced that it will invest some of the proceeds from selling its Tesla vehicles back into internal combustion engine vehicles. Back in 2021, Hertz announced an important effort to electrify its fleet of rental cars, led by a massive purchase of 100,000 Tesla Model 3 vehicles. Hertz had bad timing with its EV purchase.

Gas 52
article thumbnail

Bezos Bucks? Get Ready for Corporate Digital Currency

Cars That Think

Amazon would announce that from now on, while users could continue to pay by credit card for purchases, they could also use a digital currency called amazons. (I Using amazons for purchases would give users a discount off the regular purchase price, maybe 2 percent. The first involves the Amazon platform.

article thumbnail

Convincing Consumers To Buy EVs

Cars That Think

Perhaps, but getting the vast majority of 111 million US households who own one or more light duty internal combustion vehicles to switch to EVs is going to take time. Even if interest in purchasing an EV is increasing, close to 70 percent of Americans are still leaning towards buying an ICE vehicles as their next purchase.

Buy 90
article thumbnail

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

Tony Karrer Delicious EVdriven

They generate fewer greenhouse gas emissions than cars that burn gasoline, and they have lower fuel costs, even when oil is cheap. Department of Energy has purchased an F3DM to take the battery apart. Skeptics say that BYDs battery cannot be both more powerful and cheaper than those made by competitors, and the U.S. 24.17% CBS Corp 6.76

BYD 62
article thumbnail

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

Tony Karrer Delicious EVdriven

(Last year Oregon had also aggressively negotiated with the Chinese carmaker, BYD , to manufacture its line of plug-in hybrids in the state for sale in the U.S.) Furthermore, changing the battery pack on say a Toyota Prius often costs a fortune, at least in most European countries, so such cars better be VERY cheap, but they’re not.

Oregon 58