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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. ” Bloomberg first reported the filing. ” Hertz inked a $4.2

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Nevada Governor signs multi-state medium- and heavy-duty ZEV MOU to accelerate transportation electrification in state

Green Car Congress

Nevada Governor Steve Sisolak signed a memorandum of understanding (MOU) committing Nevada to work collaboratively to advance and accelerate the market for electric medium- and heavy-duty vehicles, including large pickup trucks and vans, delivery trucks, box trucks, school and transit buses, and long-haul delivery trucks (big-rigs).

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ClearFlame Engine Technologies hits multiple manufacturing, customer pilot, and fueling milestones

Green Car Congress

The commencement of ClearFlame’s first pilot fleet trial with Beck’s, highlighting strong interest from commercial fleets. The first retail sale of E98 ethanol fuel, with CIE (Central Indiana Ethanol), CountryMark, and Co-Alliance Cooperative Inc. Ethanol is already distributed through fuel terminals nationwide.

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Ford Mustang Mach-E passes Michigan State Police standards, fleet inclusion to be determined

Teslarati

The Ford Mustang Mach-E all-electric vehicle became the first EV to pass the rigorous testing standards set by the Michigan State Police to have a vehicle be considered for inclusion in its fleet. Graphics on vehicle not available for sale. The Mach-E is their prime candidate for the newest member of their fleet.

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

Baua Electric

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. The rental company’s Tesla fleet has been growing over the last few years, and it reported that Tesla vehicles are increasing Hertz’s customer satisfaction.

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Everything You Need to Know About Electric RVs

Clean Fleet Report

Everything You Need to Know About Electric RVs New Eco Road Warriors Are Coming Recreational Vehicles (RVs) are notorious for their poor gas mileage, which leads to increased fuel costs and higher greenhouse gas emissions. Many wonder if fully electric models could hit the pavement soon. greenhouse gas emissions.

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Hertz (HTZ) blames EVs for Q4 earnings miss as stock price rises anyways

Baua Electric

Car rental company Hertz (HTZ) missed Q4 earnings expectations, blaming “headwinds” with its EV fleet. Hertz believes reducing the number of EVs in its fleet will improve profitability. Hertz is reducing EVs in its fleet to improve earnings Hertz reported Q4 revenue of $2.2 billion, a 7% increase year-over-year (YOY).

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