Hertz rental car company dumps 20,000 EVs
by WorldTribune Staff, January 12, 2024 Hertz Global Holdings Inc. said it will sell off 20,000 electric vehicles (EVs) due to weak demand and high repair costs. “The elevated costs associated with EVs persisted,” Hertz Chief Executive Officer Stephen Scherr said in an interview. “Efforts to wrestle it down proved to be more challenging.” The […]