Hertz plans to sell off 20,000 electric vehicles to cut costs

The global car rental giant will use the proceeds to buy gas-powered cars.

  • By Louis Llovio
  • | 11:30 a.m. January 11, 2024
  • | 0 Free Articles Remaining!
Photo by Mark Wemple
  • Charlotte–Lee–Collier
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The Hertz Corp. is selling off 20,000 electric vehicles, just a bit more than two years after it announced a major investment in Tesla and signed one of the world’s most famous athletes to promote its initiative.

 

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