In late 2021, car rental giant Hertz ordered around 100,000 battery electric vehicles (BEVs) worth $4.2 billion from Tesla. The purchase gave Hertz the largest electric vehicle fleet in North America and was a great sign for the nation’s fledgling electric vehicle industry. If a fleet manager such as Hertz bought into the electric-vehicle dream, it could significantly increase access to the vehicles among the general public, help drivers become more familiar with new EV technology and maybe even increasing the chances of drivers purchasing an EV.
However, Hertz announced that it was selling off a large chunk of its electric vehicle fleet just two years later in early 2024 as part of a company-wide shift in…
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