Hertz Will Shrink Electric Fleet After Being Burned by Tesla’s Price Cuts
The rental car company Hertz will be selling about one-third of the electric vehicles in its fleet after they lost value more quickly than expected, the company said on Thursday. The drop in value is a blow to the company’s…
Texas Public Policy Foundation’s New Report Claims to ‘Unmask the True Cost’ of EVs
The Texas Public Policy Foundation (TPPF) has released a new study, “Overcharged Expectations: Unmasking the True Costs of Electric Vehicles,” that takes aim at revealing “the true cost” of electric vehicles (EVs). The study highlights several key points, notably that…
EV Prices Likely To Be Slashed In Australia As Part Of EU Trade Talks
The price of high-end electric vehicles could be dramatically reduced for Australian drivers as a result of trade negotiations with the European Union as the federal government mulls slashing the controversial luxury car tax or potentially scrapping it entirely for…
Texas’s Hefty Registration Fees For Electric Vehicles
Earlier this month, Texas Governor Greg Abbott signed SB505 into law, implementing a $200 annual fee for electric vehicles registered in the state. It costs the average gas-powered car owner $50 to $54 in the state of Texas to register their vehicle annually. The…
