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Hertz continues to feel EV losses, plans to dump more from its fleet

Teslarati

Hertz ( NASDAQ: HTZ ) reported its earnings for the first quarter of 2024 today, announcing that it is continuing to lose money on its electric vehicle investment and plans to dump even more EVs from its fleet. Hertz said it incurred a $195 million charge to vehicle depreciation to write down the EVs held for sale. Tesla inks $4.2B

Fleet 145
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Orange EV takes electric yard truck rental program nationwide

Green Car Congress

Orange EV has expanded its yard truck rental program to offer the largest electric spotter rental fleet across the United States. Orange EV is committed to being the one-stop source for all electric yard truck needs—purchases, leases, and rentals. —Zack Ruderman, the VP of sales and marketing at Orange EV.

Electric 482
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Heniff Transportation signs LOI with the intent to purchase up to 100 Nikola Tre BEV trucks

Green Car Congress

Heniff Transportation Systems has reached an agreement initially to acquire 10 Nikola Tre BEV trucks from Thompson Truck Centers, a member of the Nikola Corporation sales and service dealer network. Deliveries are expected to commence first half of 2022. With nearly 100 locations connected nationwide, Heniff has more than 2,000 tractors.

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Moreno Valley school district to deploy 42 electric school buses

Green Car Congress

The Moreno Valley Unified School District (MVUSD) has approved a project from InCharge Energy, Creative Bus Sales and IC Bus to deploy 42 electric school buses and an electric vehicle (EV) charging infrastructure to support the new fleet. This initiative represents the largest electric school bus purchase yet in California.

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Lightning Systems lowers prices of electric powertrains while adding and enhancing features

Green Car Congress

Enhanced telematics and new remote software management features for fleet managers and drivers. As we are witnessing in the passenger EV market, higher sales volumes are translating into lower prices. Lightning Energy offers a full range of purchased or leased charging stations and, optionally, full charging as a service (CaaS).

Price 476
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Why Fleet Owners Are Electrifying Their Vehicles This Year

Blink Charging

The best time to transition your business vehicle fleet from internal combustion engine (ICE) vehicles to electric vehicles (EV) is now. Thanks to new tax credits for EVs and EV charging stations as well as lower fuel and maintenance costs for EVs, fleet managers can now save money while setting an example for other organizations.

Fleet 92
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Hylane GmbH buys 18 Hyzon fuel-cell-electric trucks

Green Car Congress

Hylane GmbH, a wholly owned subsidiary of DEVK Versicherung, one of Germany’s largest motor insurers, has purchased 18 fuel-cell-electric trucks from Hyzon Motors, with deliveries expected to begin in late 2022. Hyzon’s HYMAX, sold in Europe, is available in 24-, 46- and 70-tonne configurations. —Craig Knight, Hyzon CEO and co-founder.

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