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Hertz is selling 1/3 of its electric cars to buy gas cars instead

Hertz, which has made a big push into electric vehicles in recent years, has decided its time to cut back. The company will sell off 20,000 electric vehicles and use the money they bring to purchase more gasoline powered vehicles.

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Hertz ditches electric cars

Unreliable and cost too much to repair Rental giant Hertiz is flogging 20,000 EVs after losing millions to Tesla's price cuts. Hertz has decided t.

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Hertz is selling 20K electric vehicles to buy gasoline cars instead

Hertz is selling 20K electric vehicles to buy gasoline cars instead
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Hertz selling 20K electric vehicles to buy gasoline cars instead

Hertz expects to take a loss of about $245 million due to depreciation on the EVs, an average of about $12,250, per vehicle.

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Hertz Sells About 20,000 EV, Replacing With Gasoline Cars

Hertz Sells About 20,000 EV, Replacing With Gasoline Cars
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