Article By:
Andrew Rocco
Tuesday, April 30, 2024 11:02 AM EDT
With the advent of smartphones and other modern luxuries, it is becoming increasingly more apparent that the modern consumer is looking for speed and convenience in all aspects of life.
Hertz Hurting From Electric Vehicle Impact
I agree. EVs with lithium-ion batteries are NOT environmental. Nobody wants to wait 3+ hours in unfamiliar area charging while traveling. Opposite of convenient (why people rent in 1st place). Theft/robberies occurring at charging stations. EV maintenance costs higher than ICE or hybrid. Bearish on $HTZ.