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Vinfast electric truck, Hertz selling EVs for gasoline, by-wire firsts: Today’s Car News

Baua Electric

The rental-car giant Hertz has announced that it’s selling a third of its EV fleet —about 20,000 EVs, including some Teslas—to buy gasoline cars. The company points to expensive collision claims and charging issues, and has suggested that Tesla’s price volatility didn’t help.

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Lexus prices new three-row RX 450hL hybrid starting at $50,620

Green Car Congress

Lexus is pricing the new 2018 RX 450hL three-row hybrid SUV—announced at the Los Angeles Auto Show in November 2017—with a starting Manufacturer’s Suggested Retail Price (MSRP) of $50,620—$1,550 more than its gasoline-engined RX 350L AWD three-rowed sibling.

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Report: Aston Martin Actually Won’t Be Going All Electric

The Truth About Cars

Despite previously having vowed to offer an entirely electric lineup by 2030, Aston Martin has decided to continue selling internal-combustion vehicles beyond the next decade. Apparently, customers had conveyed to Aston dealers that they still prefer traditional powertrains and want the sensations associated with gasoline-powered automobiles.

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Tesla rivals face rising inventory — and it’s becoming an issue

Teslarati

A survey from Cox Automotive estimates that electric vehicle sales in the US auto market could surpass 1 million units for the first time in 2023. Electric cars currently account for about 6.5% As per inventory data from Cox, the nationwide supply of electric vehicles in stock swelled by almost 350% this year to over 92,000 units.

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6 Best Electric SUVs and Crossovers (and how they’re changing the cost of driving)

EV Life

Americans are obsessed with SUVs and crossovers, which make up around 40% of all vehicles sold in the U.S. In addition to the mounting costs of gasoline, our love of SUVs is also costing the planet in terms of carbon emitted by sports utility vehicles (compared to more efficient sedans and hybrids.). Explore Dealer Offers.

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Ford ups its electrified vehicle ante to $11B; 86% trucks and SUVs in the product mix by 2020

Green Car Congress

years as it replaces three-quarters of its lineup and adds four new trucks and SUVs. By 2020, trucks and SUVs—including electrified vehicles—are to represent 86% of Ford’s product mix. —Sherif Marakby, vice president, Autonomous and Electric Vehicles. billion envisioned by Fields in 2017.

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Mercedes-Benz Reportedly Rethinking North American EV Strategy

The Truth About Cars

Canadian dealers of Mercedes-Benz vehicles are reporting that the automaker is considering revising its strategy for North America. The dealers attended a market-wide retailers meeting in Vancouver held in May and noted that the automaker was fretting about consumer hesitancy over expensive electric vehicles.