The declining resale values of electric rental fleet vehicles and consumer reluctance is generating financial headwinds for the global car rental company.
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The latest decision follows a one-third cut in Hertz's existing EV fleet as customers and consumers are not embracing EVs as much as expected.
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The reason for the recall? An incorrect font size displayed on the instrument panel for the Brake, Park, and Antilock Brake System (ABS) warning lights.
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In another sign of EV hesitancy, a new survey shows only 1% of business travelers always rent them when using auto rental companies.
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The plan furthers the company's battery lifecycle management services as it meets demand from a growing new and used electric vehicle market in the U.S.
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Mazda revealed new details and features for the first 2025 Mazda CX-70, as all powertrains feature some form of electrification.
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Ford Pro will collaborate with Ecolab to electrify the global sustainability company’s North American sales and service fleet by 2030.
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Electric vehicles may seem buggy and expensive now, but prices will inevitably come down as battery technology evolves and EV infrastructure becomes more commonplace.
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The collaboration with GM Energy aims to accelerate the deployment of ultrafast EV charging infrastructure for GM Envolve fleet and commercial customers.
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Hundreds of new USPS Sorting and Delivery Centers will be equipped with infrastructure to power more than 66,000 USPS electric delivery vehicles. Among the vehicles will be 9,250 Ford E-Transits.
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