Didn’t make sense for Hertz. They are selling 1/3rd of their EV fleet.
Jan 11 (Reuters) - Rental firm Hertz Global Holdings is selling about 20,000 electric vehicles, including Teslas, from its U.S. fleet about two years after a deal with the automaker to offer its vehicles for rent, in another sign that EV demand has cooled.
Hertz will instead opt for gas-powered vehicles, it said on Thursday, citing higher expenses related to collision and damage for EVs even though it had aimed to convert 25% of its fleet to electric by 2024 end.
Rentals dont really make sense since usually used for longer trips and customers dont have their own chargers
Considering that Hertz mainly rents to corporate clients, I doubt most of their customers have a range problem. It’s more likely that their customers don’t want to go around hunting for charging stations and be stuck there for an hour or two, often with their work being in an inner city.
So the bottom line is that corporate clients are telling Hertz to SHOVE IT when they try to stick them with an EV. Something, obviously, that Hertz would have found out if they had bothered to TEST MARKET the cars first.
So, at this point, Hertz is too embarrassed to admit their idiocy and instead decided to point to the obvious other flaws of EVs, essentially blaming the cars, rather than their own idiotic management.