Hertz To Sell More EVs as Q1 Loss Exceeds Expectations
Thursday, 25 April 2024 () Hertz Global Holdings Inc (NASDAQ: HTZ) has raised the number of electric vehicles it plans to sell this year as it is cutting its EV fleet to reduce losses that have weighed on the car rental giant’s earnings. In the first quarter, Hertz upsized its EV disposition plan by 10,000 vehicles, for a total of 30,000 EVs intended for sale in 2024. Most of these EVs will be Teslas. The company incurred a $195 million charge to vehicle depreciation to write down the EVs held for sale which were remaining in inventory at quarter-end to fair value…
Nissan showed its in-construction all-solid-state battery pilot line to members of the media at its Yokohama Plant in Kanagawa Prefecture. The pilot line is aimed to further promote development and..
Thursday, 25 April 2024 ()
![Nissan shows in-construction all-solid-state battery pilot line in Japan [Video]](https://video.newsserve.net/300/v/20240417/1372854360-Nissan-shows-in-construction-all-solid-state-battery.jpg)
