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

Weekend News Roundup December 09, 2023

Here we present our weekly Jalopnik series that recaps the latest in news. We’ve showcased our most read offerings as well as some you may have missed. Tesla’s Cybertruck Has Finally Arrived Rental Company Sixt Will Begin Dumping Tesla Fleet Due To Repair Costs Image: Sixt Tesla dramatically dropping the retail prices of its electric … Read more