“The elevated costs associated with EVs persisted. Efforts to wrestle it down proved to be more challenging.” //

Because of low demand and high repair costs, Hertz Global Holdings Inc. will sell 20,000 electric vehicles (EV), one-third of its EV fleet. //

Hertz and everyone else had to know this would not work. You mean you couldn’t tell no one wanted to rent EVs?

Go woke, and you waste a ton of money:

Hertz will record a non-cash charge in its fourth-quarter results of about $245 million related to incremental net depreciation expense. //

Corky M | January 13, 2024 at 9:50 am
Recent article by younger fellow discussed how after 7 years his Tesla S had lost 32 percent of it’s range. What was more amazing to me was that he said he would still purchase another one.

Oh, and a 7 year old internal combustion engine vehicle is likely to get the same miles per gallon today as it did when new.

The long-term damage to the economy demanded by the “must go all electric” crowd will just increase. Electrification of everything to save the planet is a canard for being able to completely control humanity.

Nada mas.