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Tuesday, May 21, 2024

Hertz is selling 20,000 EVs and replacing them with gas cars

Hertz is selling off a third of its electric vehicle fleet, which is predominantly made up of Teslas, and will buy gas cars with some of the money it makes from the sales. The company cited lower demand for EVs and higher-than-expected repair costs as reasons for the decision. The sell-off began …

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