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Hertz to sell 20,000 EVs in shift back to gas-powered cars in U.S.

On January 11, Hertz Global Holdings Inc. confirmed plans to sell a third of its U.S. 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 in December and will continue over the course of 2024, Hertz said in a r....

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