Why Hertz is dropping thousands of electric cars from its fleet
CarExpert
JANUARY 11, 2024
“The Company expects to reinvest a portion of the proceeds from the sale of EVs into the purchase of internal combustion engine (“ICE”) vehicles to meet customer demand.” Collision and damage repairs on an EV can often run about twice that associated with a comparable combustion engine vehicle,” said Mr Scherr on the call.
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