The rental giant Hertz hit the brakes last week on its rapid shift to electric vehicles—from Tesla, particularly—citing the high cost of EV collision repair of these vehicles. The company’s CEO, Stephen Scherr, confirmed the company’s reasons behind the move during its third-quarter earnings call on Thursday, with the news... Hertz slows Tesla and EV plans, citing collision repair costs
The rental giant Hertz hit the brakes last week on its rapid shift to electric vehicles—from Tesla, particularly—citing the high cost of EV collision repair of these vehicles. The company’s CEO, Stephen Scherr, confirmed the company’s reasons behind the move during its third-quarter earnings call on Thursday, with the news... 
Factorial Energy recently announced the opening of a new manufacturing facility it claims is the largest thus far in the U.S. for solid-state batteries—although there's not yet a timeline for scaled-up production. Located in the Boston suburb of Methuen, Massachusetts, near Factorial's existing headquarters and R&D center, the $50... 
General Motors is offering 2020-2022 Chevrolet Bolt EV and EUV owners an early $1,400 payment for a class-action lawsuit settlement over the recalled EVs in exchange for installing diagnostic software the automaker plans to use to determine if cars need new battery packs. First reported by Electrek, the payment offer is the latest development in a... 
