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

Teslarati

Hertz said it had increased the number of EVs it will let go of by 10,000 units, now planning to sell 30,000 of its purchased electric cars this year. 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. Tesla inks $4.2B

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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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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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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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2022 Toyota Mirai fuel cell vehicle offering new Toyota Teammate advanced driver assistance; Level 2 automation

Green Car Congress

Mirai Limited will feature standard Advanced Park, while Advanced Drive will be available as a purchased upgrade. The first-generation Mirai (2016-2020) was Toyota’s first production FCEV offered for sale to retail customers in North America. Each Mirai comes with up to $15,000 of complimentary hydrogen.

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Study finds testing the technology the strongest initial motivation for fleet managers adopting EVs

Green Car Congress

The study by William Sierzchula at Delft University of Technology, published in the journal Transportation Research Part D , used fleet manager interviews and pilot project report to investigate 14 US and Dutch organizations that adopted EVs from 2010 to 2013 to determine which factors influenced their purchase decisions.

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Cost Parity?: Two Dozen EVs “Available” in the US Start At Less Than $45,000

EV Adoption

But assuming you can get your hands on one, roughly two-dozen BEVs and PHEVs available for sale in the US this summer have a base manufacturer’s suggested retail price (MSRP) of less than $45,000. This can mean receiving the credit in as short as a few months to 16 months or more since the purchase date. The post Cost Parity?: