Hertz Selling 2,000 EVs Replacing Them with Gas Cars

Hertz is selling off a third of its electric vehicle fleet, which is predominantly made up of Teslas, and will buy gas cars with some of the money it makes from the sales. The company cited lower demand for EVs and higher-than-expected repair costs as reasons for the decision.

The sell-off began last month and will continue through 2024. As some electric vehicle-focused blogs have noted, they’re being sold at steep discounts. The company said in a Thursday morning filing that it is recognizing “approximately $245 million of incremental net depreciation expense related to the sale,” which is a dry way of saying it’s taking a bath on the decision. Hertz told shareholders that it believes it will be able to make up that loss in the coming years.      READ MORE...

I've Been Thinking

Gasoline cars are bad...  and, I understand the logic of that and the impact on our environment...  so, leaves us with electric cars which are now in production or its alternative which might be hydrogen cars.  I would assume that electric cars will win out and I know people who currently own an electric car and there are both pros and cons of their ownership but they are impressed with the electronics in the electric cars hands down...

But, it is not the electronics that concern me but the lack of recharging stations locally and across the country...  so, as long as you are local and make short trips, you can recharge at home...  but if you drove around all day (for some reason), you might run out of charge somewhere along the line and be shit out of luck with no way to get back home except call a gas burning taxi.


In February 2021, the U.S. had almost 100,000 charging outlets for plug-in electric vehicles (EVs). A considerable sum of these chargers is found in California, with almost 32,000 power outlets. Plug-in power stations and charging outlets are essential to increase U.S. plug-in electric vehicle sales.  SOURCE:  Statista.com

Electric Cars

From Clean Technica, we learn...





Andy Slye put together a neat comparison: Tesla vs. Gas: the true charging cost after 75,000 miles. One of the main reasons Andy bought an EV was so he’d never have to gas up again, and since owning his Tesla Model 3, he hasn’t been to a gas station in three years. “I gave up gas stations and replaced them with charging stations,” Andy said in his video and then pointed out that charging is one of the main reasons people are hesitant to buy an EV.

He shared a survey from Auto List that showed that two out of the top 4 reasons that people don’t buy an EV have to do with charging the car. This inspired Andy to create a video sharing his experience charging his car for the past three years. Andy hopes that his video will help allay the fears of those still doubting. Andy explained that this totaled up to 75,000 miles, and he compared what he paid to what that would cost in a gas car.

“Keep in mind that the cost of electricity and gas depends on the geographic location,” he said. Andy, who is located in Kentucky, noted that these numbers reflect his area and will be different depending on where you live. However, it’s generally less expensive to charge a Tesla than it is to fill a gas tank. Here in Louisiana, I’ve even seen friends charge their batteries at a Supercharger for way, way less than you would spend filling up the gas tank.  TO FIND OUT COSTS BETWEEN ELECTRIC AND GASOLINE, CLICK HERE...