Hertz Slows EV Acquisitions
Says Tesla price cuts, higher repair cost affecting its bottom line.
Says Tesla price cuts, higher repair cost affecting its bottom line.
Plans to increase its fleet’s EV makeup from 10% to 25%.
Hertz has partnered with BP Pulse, BP oil company’s EV charging arm, to build a network of electric vehicle charging stations across the U.S.
“Retail margin” sales could bring carmaker “thousands” of EV customers.
GM entered agreement with the rental car company to funnel more loaner vehicles to dealerships amid the global microchip shortage.
As the semiconductor shortage slashes vehicle production, rental car companies are taking extreme measures to bolster their fleets. The businesses are buying used vehicles at auction.
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