Hertz’s EV fleet lost so far $440 million as no one will even rent the electric cars!
They have 60,000 electric vehicles or more.
The losses are just for 30,000 of them so much more losses to come.
https://finance.yahoo.com/news/hertz-loses-another-200-million-from-its-evs-172735716.html
Gas car prices are much much higher to subsidize electric vehicles. Remember obama and Biden program of used cars being bought then destroyed which raised the rest of the used car prices way up.
Ford lost $132,000 on each electric vehicle it sold in the first quarter 2024
https://justthenews.com/politics-policy/energy/ford-lost-132000-each-electric-vehicle-it-sold-first-quarter-2024