Hertz plans to sell 20,000 electric vehicles (EVs) as it winds down its push to convert a sizable portion of its rental fleet to EVs, the company Thursday said in a regulatory filing, citing the ...

The headline we (and others) are using to describe Hertz selling off some of its substantial fleet of EVs is true. Hertz is dumping 20,000 EVs, a not-insignificant portion of its roughly 50,000-EV ...

Hertz's revenue is stable, but net income is volatile due to failed EV bets, high debt, and fleet depreciation write-downs.

R ental giant Hertz is in an unenviable position at the moment. When the pandemic was slowing, it made plans to buy some 100,000 Teslas towards the renewal of its fleet (along with EVs from other ...

Rental firm Hertz Global Holdings is selling about 20,000 electric vehicles, including Teslas, from its U.S. fleet about two years after a deal with the automaker to offer its vehicles for rent ...

Hertz's EV sell off may be winding down, however. Last March we saw more than 2,100 BEVs for sale on the company's used car site. When we checked this morning, there were just 175 left.

The used Silverado EV pickups are available through Hertz Car Sales, and are priced around $63,000 to $64,000. Mileage varies between 4,000 miles and 16,000 miles.

What Hertz does next to its EV fleet —and its effect on Tesla —will be key to watch for both companies. Hertz, in reporting an adjusted loss of $1.36 per share, ...

Hertz says it aims to bring over 2,100 EVs to Houston - which will nearly triple its existing Houston EV fleet. Vehicles will include models from Tesla, Polestar and GM.

Hertz has been contacting people who are in the middle of renting electric vehicles recently to offer them the option to buy the car instead of returning it, reports The Verge. One renter was ...

Another renter was offered a 2023 Chevy Bolt for $18,442, while a Polestar 2 renter says they saw a $28,500 purchase price. The used cars come with a limited 12-month, 12,000-mile powertrain ...

Hertz has a history of selling cars that it plans to offload, which include gas-powered vehicles, and reaching out to renters to see if they are in the market for the car they’re currently renting.