Hertz to Sell 20,000 EVs, Shifts Focus to Gas-Powered Vehicles
TL;DR Summary
Hertz plans to sell about 20,000 electric vehicles from its U.S. fleet, reducing its global EV fleet by one-third, in order to better balance supply and demand. The company expects the sales to occur throughout 2024 and aims to reinvest in gas-powered vehicles, following its previous announcement to acquire 100,000 Teslas to expand its EV fleet.
- Hertz selling 20,000 EVs from fleet, to reinvest in gas-powered vehicles Fox Business
- Hertz Will Sell 20,000 Electric Cars From Its Fleet Bloomberg Television
- Car rental firm Hertz to sell 20,000 EVs for gas-powered vehicles Yahoo! Voices
- Hertz Selling 20,000 EVs in the U.S., to Reinvest in Gas-Powered Vehicles - WSJ The Wall Street Journal
- Hertz (NASDAQ:HTZ) Plans Sales of 20,000 EVs - TipRanks.com TipRanks
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