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

Teslarati

Hertz said it incurred a $195 million charge to vehicle depreciation to write down the EVs held for sale. 119 of the $339 was related to EVs held for sale. Additionally, higher-than-expected maintenance costs put pressure on margins. The losses continued in Q1. Tesla inks $4.2B

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Volvo Trucks and Bucher collaborate to electrify sewer cleaner trucks

Green Car Congress

To meet this demand, Bucher Municipal, a leading supplier of municipal vehicles such as street sweepers, winter maintenance equipment, refuse vehicles, and sewer cleaning trucks, has joined forces with Volvo Trucks to develop an all-electric sewer cleaner built on the Volvo FL Electric truck.

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Delaware adopting California’s ZEV regulations

Green Car Congress

The regulations mandate that a certain percentage of the vehicles delivered for sale in a state are ZEV vehicles. Each year, manufacturers must meet a ZEV credit amount that is based on average annual sales. Electric vehicles also tend to have lower maintenance costs than gasoline cars, which also reduces ownership costs.

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Volkswagen offering subscriptions to ID.3 and ID.4 in Germany

Green Car Congress

—Klaus Zellmer, Board Member for Sales and Marketing at Volkswagen. In addition, Volkswagen will be launching its online leasing and sales offerings in Germany toward the end of 2021. The dealer network will be incorporated into the subscription model right from the start, for example, when it comes to maintenance and repairs.

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New Mexico adopts Clean Cars Rule

Green Car Congress

The rule includes a combination of increasingly stringent vehicle emission standards and a requirement that manufacturers deliver for sale an increasing number of zero-emission vehicles, such as battery electric and plug-in hybrid vehicles in New Mexico. —New Mexico Environment Department (NMED) Cabinet Secretary James Kenney.

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Blue Whale EV opens new headquarters – Charged EVs

Baua Electric

The facility serves as the company’s corporate HQ as well as a hub for sales, storage and service of EV charging infrastructure in the mid-Atlantic region and throughout the US. It will also serve as the headquarters of Critical Peake Electrical Services, Blue Whale EV’s installation and maintenance arm.

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Hertz Global eyes worst day on record as EV rental business falters – ET Auto

Baua Electric

The company is slimming down the business due to weak demand, with plans to sell 10,000 more EVs, taking its total planned sales to 300,000 this year. Higher repair costs also weighed on the company’s overall fleet maintenance expenses.

Global 52