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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.

Stephen scherrWhile hertzHertz car sales

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

Hertz, which has made a big push into electric vehicles in recent years, has decided it's time to cut back.

Stephen scherrHertz car sales

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

Hertz, which has made a big push into electric vehicles in recent years, has decided it's time to cut back.

Stephen scherrHertz car sales

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.

Stephen scherrHertz car sales

End of road for EVs? Hertz to sell 20,000 since customers don t like them - but could you get a good deal buying a cast-off Tesla for $18k?

Car rental giant Hertz is selling 20,000 EVs - a third of its electric fleet - due to a lack of demand and expensive repair costs

Stephen scherrExchange commissionChevrolet boltsHertz car sales

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