Author Topic: Hertz Selling 20,000 Electric Vehicles for Gas-Powered Cars  (Read 377 times)

0 Members and 1 Guest are viewing this topic.

Offline Elderberry

  • TBR Contributor
  • *****
  • Posts: 24,342
Hertz Selling 20,000 Electric Vehicles for Gas-Powered Cars
« on: January 14, 2024, 01:46:35 am »
Legal Insurrection by Mary Chastain Friday, January 12, 2024

“The elevated costs associated with EVs persisted. Efforts to wrestle it down proved to be more challenging.”


Because of low demand and high repair costs, Hertz Global Holdings Inc. will sell 20,000 electric vehicles (EV), one-third of its EV fleet.

Everyone laugh: LOLOLOLOL!

In 2021, Hertz announced it would buy 100,000 Tesla vehicles.

In February, the White House gushed over Hertz committing to EV cars: “Hertz’s objective is to make one-quarter of its fleet electric by the end of 2024.”

Hertz and BP wanted to build a bunch of charging stations in major cities:

    The charging hubs will serve rideshare and taxi drivers, car rental customers and the general public at high-demand locations, such as airports. A number of installations are expected to include large-scale charging hubs, known as “gigahubs.” bp aims to invest $1 billion in EV charging in the US by 2030.

One year later…nope.

Hertz and everyone else had to know this would not work. You mean you couldn’t tell no one wanted to rent EVs?

Go woke, and you waste a ton of money:


Playing ignorant only makes you look worse, dude. Everyone knows the cost of the cars and maintaining them.

The best part? Hertz wants to use the money it gets from selling the EVs to buy gasoline vehicles!

Crying: “The company expects this action to better balance supply against expected demand of EVs.”