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70 Hertz's multibillion-dollar bet on EVs magnified America's pain points — and soft spots — for electric cars

Business Insider
Lloyd Lee @ Business Insider · today 04:44 EDT

Hertz's multibillion-dollar bet on EVs magnified America's pain points — and soft spots — for electric cars

Hertz purchased 100,000 Teslas in 2021 and has since course-corrected after taking half a billion dollars in write-downs and losses from its EV fleet.

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