Hertz trims EV fleet due to high repair costs, reinvests in gas-powered vehicles

Hertz Global Holdings announced Thursday that it plans to reduce its fleet of electric vehicles due to high repair costs and reinvest in gasoline-powered vehicles. In Hertz's Thursday regulatory filing, the company said it would sell 20,000 EVs. The announcement comes after the rental car company pledged to make 25% of its fleet electric by […]