Flick 🇬🇧 on Nostr: ...
https://www.telegraph.co.uk/news/2024/01/12/the-ev-fiasco-has-descended-into-farce-just-ask-hertz/
[Hertz] in the US is disposing of the 20,000 EVs it bought with great fanfare in recent years, and is replacing them with petrol models. Some of the Teslas, which are no more than two years old, have been listed for sale at $14,000 – little more than a third of their $40,000 price tag when new. The company says it will take a loss of $245 million but it seems to have little choice given the lack of demand from customers and the vehicles’ higher repair costs.
What a difference from October 2021 when the company ordered 100,000 Teslas, sending the car company’s shares surging by 5 per cent. But it is indicative of a more widespread malaise in the fortunes of electric cars. Over the past year, figures from the Society for Motor Manufacturers and Traders revealed a steep fall in interest from private buyers. Now it seems that fleet buyers are having second thoughts, too.
https://archive.is/TDz7f
[Hertz] in the US is disposing of the 20,000 EVs it bought with great fanfare in recent years, and is replacing them with petrol models. Some of the Teslas, which are no more than two years old, have been listed for sale at $14,000 – little more than a third of their $40,000 price tag when new. The company says it will take a loss of $245 million but it seems to have little choice given the lack of demand from customers and the vehicles’ higher repair costs.
What a difference from October 2021 when the company ordered 100,000 Teslas, sending the car company’s shares surging by 5 per cent. But it is indicative of a more widespread malaise in the fortunes of electric cars. Over the past year, figures from the Society for Motor Manufacturers and Traders revealed a steep fall in interest from private buyers. Now it seems that fleet buyers are having second thoughts, too.
https://archive.is/TDz7f