Hertz Adjusts Its Approach To EVs
We can’t expect rental car companies to make environmental policy
You might have seen the headlines last week. Hertz,the rental car giant, decided to sell 20,000 electric vehicles (EVs) in its rental fleet including Teslas, Chevrolets and BMWs. It plans to replace them with gas-powered vehicles.
According to a regulatory filing, Hertz is taking a $245 million charge in the fourth quarter to reflect the falling value of…
Keep reading with a 7-day free trial
Subscribe to Intersection: Everything That Moves to keep reading this post and get 7 days of free access to the full post archives.