EVs Not Ideal For Rental Companies Cost Savings Missing From Hertz & SIXT

From Out of Spec Podcast.

Welcome back to the Out of Spec Podcast! On today’s episode, Francie recaps the recent news regarding car rental companies and the trails and tribulations of building their electric fleets. She details SIXT’s and Hertz’s renewed EV strategies, their recent cost analysis announcements, how SIXT is selling all of their Tesla fleet, how Hertz remains optimistic, and the general challenges with electrifying this part of the automotive and mobility industry.

Shoutout to our sponsors for more information find their links below:
– Star Charge:
https://www.starcharge.com/charging?id=20
– Kempower:
https://kempower.com/america/charging-solutions/

Sources used to support today’s episode:
https://europe.autonews.com/automakers/teslas-be-dropped-sixt-rental-fleet-resale-value
https://www.sixt.com/
https://about.sixt.com/en/sixt-and-byd-kick-start-long-term-partnership-to-boost-e-mobility/
https://about.sixt.com/wp-content/uploads/2023/01/Press-Release_SIXT-adopts-comprehensive-programme-for-better-climate-protection.pdf
Our podcast about EVgo and Hertz: https://www.youtube.com/watch?v=EhWMK-VI3N4
https://www.bloomberg.com/news/articles/2023-12-01/sixt-to-drop-teslas-from-rental-car-fleet-on-poor-resale-value?embedded-checkout=true
https://www.cnbc.com/2023/10/26/hertz-pulls-back-on-ev-plans-citing-tesla-price-cuts-repair-costs.html
Hertz Holdings Call: https://ir.hertz.com/static-files/a35d56a8-e776-40b6-8391-4e8942b7f5f3
Hertz 100,000 Tesla investment: https://newsroom.hertz.com/news-releases/news-release-details/hertz-invests-largest-electric-vehicle-rental-fleet-and-partners
Thumbnail credit: Photo by Jannis Lucas on Unsplash

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#hertz #electricvehicle #rentalcar