Category: Electric cars

Hertz is selling EVs, including Teslas, to buy gasoline models

Tesla at HertzHertz on Thursday announced that it's selling about 20,000 EVs, including some Teslas, from its U.S. rental fleet to buy gasoline cars. The company said in a filing with the Securities and Exchange Commission (SEC) that the sales of these vehicles, which represent about one third of its global EV fleet, began in Dec. 2023 and are expected to...

Analysts: EVs will keep gaining US market share in 2024

2024 Hyundai Ioniq 5U.S. EV sales grew significantly in 2023 and will likely continue to do so in the coming year, Bloomberg analysts say in a new report. Analysts estimate that U.S. EV sales reached 1.6 million units in 2023, up from 1.1 million in 2022. And they predict 1.9 million EV sales for 2024, accounting for 13% of the new-car market. Sales could reach 2.1...