Hertz is Selling 20,000 Electric Vehicles to Buy Gasoline Cars Instead

Hertz is Selling 20,000 Electric Vehicles to Buy Gasoline Cars Instead

In a strategic move, Hertz, a company that had been significantly expanding its electric vehicle (EV) fleet, has decided to sell around 20,000 electric cars, constituting a third of its EV lineup. The company plans to utilize the funds generated from the sale to acquire more gasoline-powered vehicles. Despite the initial push into EVs, Hertz…