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Why Hertz is dropping thousands of electric cars from its fleet

CarExpert

The MSRP declines in EVs over the course of 2023, driven primarily by Tesla, have driven the fair market value of our EVs lower as compared to last year, such that as salvage creates a larger loss and therefore greater burden,” said Mr Scherr. “The EV market share in the US was up from 5.9 per cent in 2022 to 7.6