Car rental giant Hertz dumps EVs in U.S. in favour of gasoline engines

Rental firm Hertz Global Holdings said on Thursday it would sell about 20,000 electric vehicles, including Teslas, from its U.S. fleet due to higher expenses related to collision and damage, and will opt for gas-powered vehicles. Shares of the rental company, which also operates vehicles from Swedish EV maker Polestar among others, fell about four per cent. Tesla’s stock was down about … Read more

This Detroit street can charge EVs as they drive

Crews have installed what’s billed as the first wireless-charging public roadway in the U.S. for electric vehicles. It’s beneath a street just west of downtown Detroit. Copper inductive charging coils allow vehicles equipped with receivers to charge up their batteries while driving, idling or parking above the coils. The segment of 14th Street will be … Read more