Focus
BEVs
Hertz Unloads One-Third of Its EV Fleet, Citing Low Demand, High Repair Costs
The move will ‘eliminate a disproportionate number of lower margin rentals and reduce damage expense associated with EVs,’ Hertz stated.
Americans Aren’t Buying Into the Government’s EV Revolution
‘Mr. President, it is time to tap the brakes on the unrealistic government electric vehicle mandate,’ 3,882 car dealers say.
Whether You Buy an EV or Not, You'll Still Pay for It, Study Says
The true cost of EVs is masked by a litany of subsidies, transfers, and other expenses that are passed on to Americans who don’t own EVs, the report states.
‘Historic Transition’ to EVs Hits a Roadblock: Buyers Don’t Seem to Want Them
The EV market is ‘a pretty brutal space,’ Mercedes CFO Harald Wilhelm said.
Sales of Electric Cars to Private Owners Drop Amid Lack of Financial Subsidies
Demand for EVs doesn’t match the supply as private owners have been hit with a cost-of-living crisis, historically high inflation and high energy costs.
