If you're in the market for a cheap EV, Hertz might be your next destination. The automotive rental giant is looking to off-load a pretty hefty percentage of their EV inventory for around the $20,000 mark.
Hertz is looking to clear at least 30,000 EVs from their fleet until 2025 ranging from Chevrolet Bolts, to Hyundai Konas, and even Teslas.
Hertz estimates that EV depreciation across its fleet is up 89%, which translates to around $537 per car, per month. Then-Hertz CEO Stephen Scherr also added that fixing their EVs isn't cheap either, with salvage-titled examples bringing the company a larger loss than regular cars.
Low Clearance Map offers the most comprehensive database of low clearance structures in the U.S. (currently over 17,000), and that is a huge benefit to fleets when it comes to avoiding expensive bridge strikes.
The California Air Resources Board (CARB) today approved a $34.94 million incentives funding plan that will continue support ongoing efforts to increase access to medium- and heavy-duty zero-emission trucks, buses, and equipment, with a focus on small businesses.
The 2024-25 Funding Plan for Clean Transportation Incentives includes assistance for rentals, leases and truck loans.
“The funding plan reflects the outcomes necessary to advance the state’s clean air goals, which includes continuing support for small businesses that may face financial obstacles getting into zero-emission options,” said CARB Chair Liane Randolph. “Reducing pollution requires that every Californian have access to the cleanest technology available.”
via California Air Resources Board (CARB)
Duke Energy has commissioned its new Duke Energy + Electrada Fleet Mobility Microgrid in Mount Holly, NC a first-of-its-kind electrification center for commercial and public electric fleet vehicles. The project is the first of its kind in the country to offer a zero-emission, carbon-free microgrid option for fleet charging.
The center serves a dual purpose as a model for utility-grade, reliable fleet electrification that can help businesses meet sustainability goals and as an active charging site for light-, medium- and heavy-duty electric fleet vehicles.
“As companies with sustainability goals seek new ways to decarbonize their operations, vehicle fleets have increasingly become a top focus,” said Harry Sideris, president of Duke Energy. “The Duke Energy + Electrada Fleet Mobility Microgrid is open and ready to help with opportunities for cost savings, new charging options for zero-emission vehicles and strategic guidance.”
Wheels announces joining and committing to the United Nations Global Compact initiative — a voluntary initiative for the development, implementation, and disclosure of responsible business practices.
The UN Global Compact is a call to companies everywhere to align their operations and strategies with ten universally accepted principles in the areas of human rights, labor, environment, and anti-corruption, and to take action in support of Sustainable Development Goals (SDGs).
“Joining the UNGC is another step that demonstrates Wheels’ commitment to conducting business in a responsible way,” stated Shlomo Crandus, Wheels’ CEO.