Reuters
Jan 11 (Reuters) - Rental firm Hertz Global Holdings (HTZ.O) is selling about 20,000 electric vehicles, including Teslas, from its U.S. fleet about two years after a deal with the automaker to offer its vehicles for rent, in another sign that EV demand has cooled.
Hertz will instead opt for gas-powered vehicles, it said on Thursday, citing higher expenses related to collision and damage for EVs even though it had aimed to convert 25% of its fleet to electric by 2024 . . .
Bloomberg
Hertz Global Holdings Inc. plans to sell a third of its US electric vehicle fleet and reinvest in gas-powered cars due to weak demand and high repair costs for its battery-powered options.
The sales of 20,000 EVs began last month and will continue over the course of 2024, the rental giant said Thursday in a regulatory filing. . . .
The dramatic about-face, after Hertz announced plans in 2021 to buy 100,000 Tesla Inc. vehicles, underscores the waning demand for all-electric cars in the US. . . .
That means its agreement to buy 175,000 EVs from General Motors Co. over the next four years and another 65,000 from Polestar may take much longer to complete, he said. . . .
Hertz is keen on GM’s plan to sell cheaper EVs, like a future redesign of the Chevolet Bolt, which sold for under $30,000 before ending production last year, and a $35,000 Chevy Equinox that is going into production. Those vehicles could be easier to rent profitably, Scherr said.
“We’re committed to the strategy” Scherr said. “It will take more time to execute it.” . . .
Only good for second cars used in commuting and local travel that you can charge in your garage.
Yeah that was probably a big part of why people weren’t renting them.
Looks like the assumptions on demand by rental customers never matched reality.
This EV thingy was pushed hard by our government…and not the market. What happens when the government gets involved?
EleCTriC cArS ARe CoMIng! nO NeEd To DriLL! 
And while we’re at it, lets shut down all those nasty polluting, climate warming, coal and gas fired power plants. We don’t need them either.
Looks like a tad bit of global warming headed my way to help combat some of this deadly cold. Stupid toilet line damn near froze this morning. lol
Energy use is where diversity matters.
Reminds me of a funny quote from an old boss who traveled a lot.
If Chrysler wanted to sell more cars they would not sell them as rentals.
At this point in time I could see hybrids being a better choice. I wonder with the rejection of electric vehicles if the government is still going to waste money installing charging stations.
To answer my own question, of course they will. They will turn into high maintenance, broken down, vandalized crime magnets for people who might be able to charge who are sitting ducks just waiting to be robbed.
I am trying to imagine going on a trip to Disney World or where ever, landing at the airport and renting an EV. Umm “NO” come to mind.
Same deal with travelling for business.
Nope. Nada. Not doing it.
When I can get a two-yr-old Model X for around $20k, I might just pick one up. 
