2024-01-13 12:00:47
In addition to affecting general consumers, the electric vehicle boom in recent years has also seen car rental companies gradually add electric vehicles as a choice. However, Hertz, a large car rental company, noticed that electric vehicles depreciated faster than fuel vehicles, so it decided to sell a large number of electric vehicles to stop losses.
Hertz recently announced that they will sell 20,000 electric vehicles in their fleet, accounting for regarding one-third of their global electric vehicle fleet. They have been quite positive regarding electric vehicles and even stated that they would increase the proportion of electric vehicles in their fleet to 25% by 2024. However, they later discovered that fewer customers were choosing electric vehicles than expected, and that electric vehicles were depreciating faster than expected. Therefore, “in order to balance supply and demand,” they decided to sell electric vehicles early and repurchase traditional fuel vehicles.
Last year, Hertz announced that it was suspending the introduction of new electric vehicles, saying that their maintenance costs were higher than expected, especially because they have a business of leasing electric vehicles to Uber drivers. Drivers are often very high-volume car owners, so the damage rate and related costs are high. Very high.
source:Verge
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Car rental company Hertz suspends introduction of electric vehicles due to higher maintenance costs than expected
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