The Electric Gamble: The Turbulent Ride of EV Rentals in the Auto Industry

The electric vehicle (EV) market is at a crossroads, with rental fleets like Hertz feeling the pinch. Originally, these companies saw EVs as a ticket to the future, but rapid depreciation and logistical hurdles are now forcing a major rethink. Hertz, once eager to boost its Tesla holdings to 100,000 units, backpedaled drastically when resale […]