Hertz has decided the EV are NO GOOD for its business model . IN...

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    Hertz has decided the EV are NO GOOD for its business model .

    IN addition to offing its Tesla's ASAP..it is now made a corporate decision to...

    Polestar CEO Thomas Ingenlath has been approached by Hertz boss Stephen Scherr last year, with the latter executive asking to pause the deal for 65,000 Polestar EVs to be supplied to the rental car company by 2027.


    However, last month Hertz announced it would sell 20,000 EVs from its US fleet due to rising depreciation and repair costs.

    This announcement came less than three months after the first signs of trouble emerged with Hertz’s EV expansion plans, having received just 35,000 of the 100,000 Teslas it had initially ordered
 
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