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posted by mrpg on Wednesday January 31, @04:00AM   Printer-friendly
from the but-but-but-the-fancy-brochure-said dept.

CNN Reports: https://www.cnn.com/2024/01/11/business/hertz-tesla-selling/index.html

Hertz, which has made a big push into electric vehicles in recent years, has decided it's time to cut back. The company will sell off a third of its electric fleet, totaling roughly 20,000 vehicles, and use the money they bring to purchase more gasoline powered vehicles.

Electric vehicles have been hurting Hertz's financials, executives have said, because, despite costing less to maintain, they have higher damage-repair costs and, also, higher depreciation.

"[C]ollision and damage repairs on an EV can often run about twice that associated with a comparable combustion engine vehicle," Hertz CEO Stephen Scherr said in a recent analyst call.

And EV price declines in the new car market have pushed down the resale value of Hertz's used EV rental cars.

[...] For rental car companies like Hertz, which sell lots of vehicles in the used car market, depreciation has a big impact on their business, and is a major factor when deciding which cars to have in their fleets.

SoylentNews previously reported when Hertz was expanding their EV fleet.


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  • (Score: 2) by Whoever on Wednesday January 31, @07:23PM (10 children)

    by Whoever (4524) on Wednesday January 31, @07:23PM (#1342547) Journal

    Alternatively, fossil fuel interests have decided that potential EV buyers have realizee d that their "you won't find a charger" trope is a lie and have moved onto new lies.

    The example you cite is an outlier. It's not representative.

    Hertz are also an outlier. Their cars are treated differently to cars owned by consumers.

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  • (Score: 2) by mcgrew on Friday February 02, @08:53PM (9 children)

    by mcgrew (701) <publish@mcgrewbooks.com> on Friday February 02, @08:53PM (#1342864) Homepage Journal

    Alternatively, fossil fuel interests have decided that potential EV buyers have realizee d [sic] that their "you won't find a charger" trope is a lie and have moved onto new lies.

    No, that one's true. It's a hundred miles from here in Springfield, IL to St Louis, and there isn't a single charging station on I-55 between the cities, while there's at least one gas station off of almost every exit. I wish there was one in Litchfield, halfway there, so I wouldn't have to charge it to 100% before going, that reduces battery life.

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    mcgrewbooks.com mcgrew.info nooze.org
    • (Score: 2) by Whoever on Friday February 02, @09:28PM (8 children)

      by Whoever (4524) on Friday February 02, @09:28PM (#1342867) Journal

      1. As you point out, it's only 100 miles. Every modern EV should do that without charging on the route.

      2. There are Superchargers on the outskirts of both cities.

      3. There is a CCS charger in Litchfield. There is a CCS charger coming in Divernon and another coming in Hamel.

      Try again.

      • (Score: 2) by mcgrew on Thursday February 08, @06:28PM (7 children)

        by mcgrew (701) <publish@mcgrewbooks.com> on Thursday February 08, @06:28PM (#1343648) Homepage Journal

        Yes, it will make the round trip, but I've read the charging to 100% shortens the battery life. There is a charger at the south of Springfield, but where on the outskirts of the St. Louis area? Where in Litchfield is there a charger? If there are any there, they're sure well hidden.

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        mcgrewbooks.com mcgrew.info nooze.org
        • (Score: 2) by Whoever on Thursday February 08, @08:30PM (6 children)

          by Whoever (4524) on Thursday February 08, @08:30PM (#1343658) Journal

          Yes, it will make the round trip, but I've read the charging to 100% shortens the battery life.

          How often do you make the journey, only to turn around and drive back, without stopping? Many, if not most, modern EVs could make the return journey without charging to 100%. There isn't an EV built in the last 6 years that could not make the one-way journey with 80% charge, unless your are trying to do it in an electric golf cart.

          Occasional charging to 100% is OK. It's not recommended for every day. Are you driving this journey there and back with no stop every day?

          You show your ignorance about EVs with your comment about the fact that you don't know where the charger is. All your issues are based on your ignorance and biases, not actual facts. I can see the charger on a website commonly used by EV drivers, with actual drivers of various brands of EV reporting charging there.

          • (Score: 2) by mcgrew on Saturday February 10, @09:08PM (5 children)

            by mcgrew (701) <publish@mcgrewbooks.com> on Saturday February 10, @09:08PM (#1343890) Homepage Journal

            Yes, that's my point; there are no chargers between here and there anywhere near the interstate. I visit my friend and drive home, and plug it in. If there was a charger halfway there or almost there an 80% charge would do fine. What's annoying is the amount of money that flies past business people's noses and they don't grab it. There's money to be made and it's being ignored.

            You show your ignorance about EVs with your comment about the fact that you don't know where the charger is.

            It's in my trunk. Are you illiterate? THERE ARE NO CHARGERS WITHIN THIRTY MILES OF THE GOD DAMNED INTERSTATE!

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            mcgrewbooks.com mcgrew.info nooze.org
            • (Score: 2) by Whoever on Monday February 12, @07:50PM (4 children)

              by Whoever (4524) on Monday February 12, @07:50PM (#1344132) Journal

              You are still ignoring the one in Litchfield, close to the Interstate. There is one in Troy, close to the Interstate. How about Collinsville?

              According to one website for EV route planning, in my car, I could charge to 90%, do a round trip and arrive back with 9%. This isn't going to meaningfully impact the battery.

              You keeps saying it's not possible, but you are ignoring the facts that I show which say that it is.

              Perhaps it's not possible for YOUR EV to do the journey without charging to 100%, but it is possible for many EVs.

              • (Score: 2) by mcgrew on Wednesday February 14, @03:00PM (3 children)

                by mcgrew (701) <publish@mcgrewbooks.com> on Wednesday February 14, @03:00PM (#1344411) Homepage Journal

                The facts as you know them differ from the facts as I know them. Where in Litchfield and how close to the interstate? There's a group of eateries and gas stations about a mile off of the interstate, where are the signs reporting the charging station? I see all sorts of gas station signs. If it's there, it's well-hidden.

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                mcgrewbooks.com mcgrew.info nooze.org
                • (Score: 2) by Whoever on Wednesday February 14, @03:25PM (2 children)

                  by Whoever (4524) on Wednesday February 14, @03:25PM (#1344413) Journal

                  I don't believe that you actually own an EV, since you would know how to find chargers if you did.

                  • (Score: 2) by mcgrew on Sunday February 18, @06:34PM (1 child)

                    by mcgrew (701) <publish@mcgrewbooks.com> on Sunday February 18, @06:34PM (#1345060) Homepage Journal

                    Here's [mcgrew.info] a picture of me, my daughters, and my car. The two times it tried to find a charger, the first time it found a charger that required a smartphone, but my carrier had no coverage there. I wound up being towed, I probably could have made it home from where I was when it warned I was low but it was the first trip I'd taken it on and trusted it. The unusable charger was thirty miles off of the interstate.

                    The second time I drove 20 miles out of my way, searching for the charger for 20 minutes on foot and discovering that its only marking was "out of order". Thankfully I had plenty of charge to get home. You can see why I don't trust that faulty database.

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                    mcgrewbooks.com mcgrew.info nooze.org
                    • (Score: 2) by janrinok on Sunday February 18, @06:54PM

                      by janrinok (52) Subscriber Badge on Sunday February 18, @06:54PM (#1345062) Journal

                      Here's [mcgrew.info] a picture of me, my daughters, and my car.

                      It's a good job I was wearing my spectacles! :D

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