Hertz Puts Brakes on EV Expansion #1720

Hertz has halted its ambitious plan to expand its electric vehicle (EV) fleet, reversing its earlier commitment to acquire 65,000 Polestars and sell a significant portion of its Tesla EVs. This shift comes after the rental car giant faced substantial financial losses attributed to the rapid depreciation, high repair costs, and reduced value of its … Continue reading Hertz Puts Brakes on EV Expansion #1720

The post Hertz Puts Brakes on EV Expansion #1720 appeared first on Geek News Central.

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