{"id":75565,"date":"2024-01-13T01:24:00","date_gmt":"2024-01-13T01:24:00","guid":{"rendered":"https:\/\/www.carscoops.com\/?p=2910391"},"modified":"2024-01-13T01:40:00","modified_gmt":"2024-01-13T01:40:00","slug":"hertz-selling-20000-rental-evs-will-replace-them-with-ice-cars","status":"publish","type":"post","link":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/2024\/01\/13\/hertz-selling-20000-rental-evs-will-replace-them-with-ice-cars\/","title":{"rendered":"Hertz Selling 20,000 Rental EVs, Will Replace Them With ICE Cars"},"content":{"rendered":"<div><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2024\/01\/Hertz-new-opener-1024x576.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"\" loading=\"lazy\" style=\"margin-bottom: 15px;\" srcset=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2024\/01\/Hertz-new-opener-1024x576.jpg 1024w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2024\/01\/Hertz-new-opener-400x225.jpg 400w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2024\/01\/Hertz-new-opener-768x432.jpg 768w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2024\/01\/Hertz-new-opener-1536x864.jpg 1536w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2024\/01\/Hertz-new-opener-2048x1151.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/div>\n<p><!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\"><br \/>\n<html><body><\/p>\n<p><a href=\"https:\/\/www.carscoops.com\/tag\/hertz\/\">Hertz<\/a>&rsquo;s plans to buy thousands of Teslas, and then thousands of Polestars, earned it plenty of free media coverage when they were announced a couple of years ago. And no doubt the chance to drive the latest EVs helped win over a load of customers, too. But now one of the world&rsquo;s biggest rental firm hasn&rsquo;t just put the brakes on its EV switch, it&rsquo;s thrown them into reverse.<\/p>\n<p><!--  [Mobile]med_rect_atf --><\/p>\n<div data-pw-mobi=\"med_rect_atf\" id=\"pwMobiMedRectAtf\"><\/div>\n<p><script type=\"text\/javascript\">\n  window.ramp.que.push(function () {\n      window.ramp.addTag(\"pwMobiMedRectAtf\");\n  })\n<\/script><\/p>\n<p>Around 20,000 electric vehicles from Hertz&rsquo;s U.S. fleet will be sold off and replaced by traditional combustion-engined cars, <em>Reuters<\/em> reports. The company cites the higher repair costs of EVs compared with conventional gas vehicles as being the driving force behind the decision. Right now the firm has around 400 Teslas available to buy through its Rent2Buy program, some available for less than $18,000.<\/p>\n<p>&ldquo;Expenses related to collision and damage, primarily associated with <a href=\"https:\/\/www.carscoops.com\/tag\/electric-vehicles\/\">EV<\/a>s, remained high in the quarter, thereby supporting the company&rsquo;s decision to initiate the material reduction in the EV fleet,&rdquo; Hertz said.<\/p>\n<div class='in-asd-content'>\n<h6>advertisement scroll to continue<\/h6>\n<div data-pw-desk='med_rect_atf' id='pwDeskMedRectAtf'><\/div>\n<p><script type='text\/javascript'>\n  window.ramp.que.push(function () {\n      window.ramp.addTag('pwDeskMedRectAtf');\n  })\n<\/script>\n<\/div>\n<p><!--  [Mobile]med_rect_btf --><\/p>\n<div data-pw-mobi=\"med_rect_btf\" id=\"pwMobiMedRectBtf1\"><\/div>\n<p><script type=\"text\/javascript\">\n  window.ramp.que.push(function () {\n      window.ramp.addTag(\"pwMobiMedRectBtf1\");\n  })\n<\/script><\/p>\n<p><strong>Related: <a href=\"https:\/\/www.carscoops.com\/2023\/10\/tesla-price-cuts-and-high-repair-costs-crash-hertzs-ev-expansion-plans\/\">Tesla Price Cuts And High Repair Costs Crash Hertz&rsquo;s EV Expansion Plans<\/a><\/strong><\/p>\n<p>        <a href=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/12\/Hertz-Tesla-1215-1.jpg\" data-type=\"inarticle-image-block\"> <\/p>\n<figure class=\"wp-block-image size-large\">\n                <picture><source type=\"image\/webp\" srcset=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2023\/12\/Hertz-Tesla-1215-1.webp 1920w, https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2023\/12\/Hertz-Tesla-1215-1-400x267.webp 400w, https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2023\/12\/Hertz-Tesla-1215-1-1024x683.webp 1024w, https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2023\/12\/Hertz-Tesla-1215-1-768x512.webp 768w, https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2023\/12\/Hertz-Tesla-1215-1-1536x1024.webp 1536w\" sizes=\"(max-width: 1920px) 100vw, (max-width: 1535px) 100vw, (max-width: 1024px) 100vw, (max-width: 768px) 1000px, (max-width: 300px) 600px, (max-width: 200px) 200px\"><\/source><img decoding=\"async\" class=\"lazy \" src=\"\" srcset=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/12\/Hertz-Tesla-1215-1.jpg 1920w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/12\/Hertz-Tesla-1215-1-400x267.jpg 400w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/12\/Hertz-Tesla-1215-1-1024x683.jpg 1024w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/12\/Hertz-Tesla-1215-1-768x512.jpg 768w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/12\/Hertz-Tesla-1215-1-1536x1024.jpg 1536w\" sizes=\"(max-width: 1920px) 100vw, (max-width: 1535px) 100vw, (max-width: 1024px) 100vw, (max-width: 768px) 1000px, (max-width: 300px) 600px, (max-width: 200px) 200px\" alt=\" Hertz Selling 20,000 Rental EVs, Will Replace Them With ICE Cars\" data-src=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/12\/Hertz-Tesla-1215-1-1024x683.jpg\" data-type=\"inarticle-image\">\n                <\/picture>\n            <\/figure>\n<p>        <\/a>  <\/p>\n<p>In October 2021 Hertz bounced back from bankruptcy with the announcement that it was adding the <a href=\"https:\/\/www.carscoops.com\/tag\/tesla\/\">Tesla<\/a> Model 3 to its rental lineup and claimed it would have 100,000 of the American-built EVs available to customers by the end of 2022. The deal was worth an estimated $4.2 billion, but despite pulling in $8.7 billion in revenue during 2022, it never did take hit the 100,000-unit Tesla target, and had only acquired around 48,000 of the EVs when 2023 rolled around. Hertz also claimed during 2022 that it would purchase 65,000 Polestar EVs over the next five years.<\/p>\n<p>But last October the cracks started to appear in Hertz&rsquo;s electric expansion plans. CEO Stephen Scherr admitted in an earnings call that while electric vehicles generally have lower maintenance costs, the higher expenses associated with repairs and damages were impacting the feasibility of the 100,000-Teslas deal.<\/p>\n<div id=\"taboola-mid-article\"><\/div>\n<p><script type=\"text\/javascript\">\n  window._taboola = window._taboola || [];\n  _taboola.push({\n    mode: 'thumbnails-a-mid',\n    container: 'taboola-mid-article',\n    placement: 'Mid Article',\n    target_type: 'mix'\n  });\n<\/script><\/p>\n<div id=\"taboola-mid-article-thumbnails-organic\"><\/div>\n<p><script type=\"text\/javascript\">\n  window._taboola = window._taboola || [];\n  _taboola.push({\n    mode: 'thumbnails-oc-2x1',\n    container: 'taboola-mid-article-thumbnails-organic',\n    placement: 'Mid Article Thumbnails Organic',\n    target_type: 'mix'\n  });\n<\/script><\/p>\n<p>Hertz isn&rsquo;t the only company struggling with larger than expected expenses from its EV fleet. Last December, Sixt revealed <a href=\"https:\/\/www.carscoops.com\/2023\/12\/sixt-drops-tesla-from-rental-fleets-due-to-savage-depreciation-but-retains-byd-evs\/\">it was dropping Teslas<\/a> from its rental fleets due to savage depreciation, but said it would retain Chinese BYD EVs.<\/p>\n<h4><em>Source: <a href=\"https:\/\/www.reuters.com\/business\/autos-transportation\/hertz-sell-about-20000-evs-us-fleet-2024-01-11\/\">Reuters<\/a><\/em><\/h4>\n<p><\/body><\/html><\/p>\n\n<h2><b>Commercials Cooperation Advertisements:<\/b><\/h2>\r\n<p><br>(1) IT Teacher IT Freelance<br> <\/p>\r\n<a href=https:\/\/itteacheritfreelance.hk\/wordpress><img src=http:\/\/gamefootballmobileanimeiphone.com\/wp-content\/uploads\/2023\/09\/ITTeacherITFreelance-Website.png alt=IT\u96fb\u8166\u88dc\u7fd2 java\u88dc\u7fd2 \u70ba\u5927\u5bb6\u914d\u5c0d\u96fb\u8166\u88dc\u7fd2,IT freelance, \u79c1\u4eba\u8001\u5e2b, PHP\u88dc\u7fd2,CSS\u88dc\u7fd2,XML,Java\u88dc\u7fd2,MySQL\u88dc\u7fd2,graphic design\u88dc\u7fd2,\u4e2d\u5c0f\u5b78ICT\u88dc\u7fd2,\u4e00\u5c0d\u4e00\u79c1\u4eba\u88dc\u7fd2\u548cFreelance\u81ea\u7531\u5de5\u4f5c\u914d\u5c0d\u3002\/><\/a><p><a href=https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/findteacher>\u7acb\u523b\u8a3b\u518a\u53ca\u5831\u540d\u96fb\u8166\u88dc\u7fd2\u8ab2\u7a0b\u5427! <\/a><br>\r\n\r\n\u7535\u5b50\u8ba1\u7b97\u673a -\u6559\u80b2 -IT \u96fb\u8166\u73ed\u201d ( IT\u96fb\u8166\u88dc\u7fd2 ) \u63d0\u4f9b\u4e00\u500b\u65b9\u4fbf\u7684\u7535\u5b50\u8ba1\u7b97\u673a \u6559\u80b2\u5e73\u53f0, \u70ba\u5927\u5bb6\u914d\u5c0d\u4fe1\u606f\u6280\u672f, \u96fb\u8166 \u8001\u5e2b, IT freelance \u548c programming expert. \u8b93\u5927\u5bb6\u65b9\u4fbf\u5730\u5c31\u80fd\u627e\u5230\u5408\u9069\u7684\u96fb\u8166\u88dc\u7fd2, \u96fb\u8166\u73ed, \u5bb6\u6559, \u79c1\u4eba\u8001\u5e2b.  <br>\r\n\r\nWe are a education and information platform which you can find a IT private tutorial teacher or freelance. <br>\r\n\r\nAlso we provide different 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<br>SalesExecutive@ITSec.vip<\/p>","protected":false},"excerpt":{"rendered":"<div><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2024\/01\/Hertz-new-opener-1024x576.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"\" loading=\"lazy\"><\/div>\n<p>Car hire giant is slimming its electric lineup, which it says cost too much to fix when customers have a prang<\/p>\n","protected":false},"author":348,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-container-style":"default","site-container-layout":"default","site-sidebar-layout":"default","disable-article-header":"default","disable-site-header":"default","disable-site-footer":"default","disable-content-area-spacing":"default","footnotes":""},"categories":[3267,6165],"tags":[61,122,127,129,124,128,125,132,131,133,126,130,123,66,94,88,97,56,64,65,60,3344,3351,3357,3360,3335,3340,3362,112,3353,40,75,95,3350,3352,3356,3343,3359,3339,3345,3334,3341,104,3354,33,120,3358,3349,3337,3348,105,101,98,115,30,29,41,86,3342,3361,70,69,68,72,71,26,118,108,87,3355,46,55,48,52,54,51,50,83,3338,62,58,57,3336,109,35,3346,59,63,85,79,82,96,80,27,81,114,44,42,43,45,38,39,110,117,100,111,116,3300,73,89,90,92,91,93,84,78,37,102,34,36,77,67,74,99,113,3347,119,28,121,32,47,49,53,103,31,76],"class_list":["post-75565","post","type-post","status-publish","format-standard","hentry","category-car-or-automobile","category-news","tag-airpods","tag-anime","tag-anime-characters","tag-anime-cosplay","tag-anime-edits","tag-anime-merchandise","tag-anime-movies","tag-anime-news","tag-anime-recommendations","tag-anime-reviews","tag-anime-series","tag-anime-streaming","tag-animes","tag-app-store","tag-app-store-samsung","tag-appgallery","tag-appgallery-oneplus","tag-apple","tag-apple-music","tag-apple-tv","tag-apple-watch","tag-auto-financing-guide","tag-automobile-industry-news","tag-automobile-laws-and-regulations","tag-automobile-shows-and-expos","tag-automobile-specifications","tag-automobile-technology","tag-autonomous-vehicles","tag-bbc-sport","tag-best-cars-for-long-drives","tag-best-mobile-games","tag-bixby","tag-bixby-xiaomi","tag-car-accessories","tag-car-comparison","tag-car-customization-ideas","tag-car-insurance-advice","tag-car-interior-design-ideas","tag-car-maintenance-tips","tag-car-resale-value","tag-car-reviews","tag-car-safety-features","tag-champions-league","tag-city-cars","tag-cyberpunk","tag-cyberpunk-2077","tag-driving-tips-and-tricks","tag-eco-friendly-cars","tag-electric-vehicles","tag-family-cars","tag-fantasy-football","tag-fifa","tag-football","tag-formula-1","tag-fortnite","tag-free-fire","tag-free-mobile-games","tag-freebuds-pro","tag-fuel-efficiency-tips","tag-future-of-automobiles","tag-galaxy-a52","tag-galaxy-note-20","tag-galaxy-s21","tag-galaxy-watch-4","tag-galaxy-z-fold-3","tag-game","tag-games","tag-golf","tag-harmonyos","tag-highway-cars","tag-how-to-backup-iphone","tag-how-to-factory-reset-iphone","tag-how-to-reset-iphone","tag-how-to-restore-iphone","tag-how-to-unlock-iphone","tag-how-to-unlock-iphone-5","tag-how-to-unlock-iphone-6","tag-huawei","tag-hybrid-cars","tag-ios","tag-ipad","tag-iphone","tag-latest-car-models","tag-live-soccer","tag-lol","tag-luxury-cars","tag-macbook","tag-macos","tag-mate-40-pro","tag-mi-11-lite","tag-mi-home-security-camera-basic-1080p","tag-mi-home-security-camera-basic-1080p-huawei","tag-mi-smart-band-6","tag-minecraft","tag-miui","tag-mlb-scores","tag-mobile-game-design","tag-mobile-game-development","tag-mobile-game-marketing","tag-mobile-game-monetization","tag-mobile-games","tag-mobile-gaming","tag-nba-scores","tag-nba-standings","tag-nfl","tag-nfl-scores","tag-nhl-scores","tag-off-road-vehicles","tag-one-ui","tag-oneplus","tag-oneplus-9-pro","tag-oneplus-buds-pro","tag-oneplus-nord-ce-5g","tag-oxygenos","tag-p40-pro-plus","tag-poco-x3-pro","tag-pokemon","tag-premier-league","tag-pubg","tag-pubg-mobile","tag-redmi-note-10-pro","tag-samsung","tag-samsung-pay","tag-soccer","tag-sports","tag-sports-cars","tag-steam","tag-steeam","tag-top-10-anime","tag-valorant","tag-when-do-the-iphone-7-come-out","tag-when-does-the-iphone-7-come-out","tag-when-is-the-iphone-7-coming-out","tag-world-cup","tag-xbox-series-x","tag-xiaomi"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts\/75565","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/users\/348"}],"replies":[{"embeddable":true,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/comments?post=75565"}],"version-history":[{"count":2,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts\/75565\/revisions"}],"predecessor-version":[{"id":75690,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts\/75565\/revisions\/75690"}],"wp:attachmen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