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 Thursday. The drop in value is a blow to the company’s efforts to replace gasoline vehicles with cars that do not produce tailpipe emissions. The electric vehicles … Read more
After Hertz’s full-scale EV adoption plan resulted in its fleet of new Tesla Model 3s getting abused by rideshare drivers and renters alike, Hertz is selling off a portion of its fleet for wildly cheap prices. Before you go snatch up these electrified bargains, keep in mind that Hertz is jettisoning these Model 3s due … Read more
German luxury carmaker Mercedes Benz is looking at launching over a dozen vehicles, including three battery electric ones, to expand business in the Indian market in the ongoing calendar year. Mercedes Benz India – which grew volumes by 10% to a record 17,408 units last year – expects sales to increase in double-digits in 2024. … Read more
Image: Tesla Some of Tesla’s best selling models have received an adjustment to their posted EPA range estimates, lowering some of them by as much as six percent. It has long been known that Tesla has a tendency to exaggerate its range estimates, failing to bake in any leeway for weather, terrain, or speed. Some … Read more
Photo: Tesla The first weeks of January are always full of number crunching, as automakers start putting out their sales results for the fourth quarter and the previous year as a whole. Tesla is one of the first to release Q4 2023 numbers, announcing that in 2023 it produced 1,845,985 vehicles and delivered 1,808,581 — … Read more
The past year hasn’t generally been a cheerful one for those hoping the world will get a grip on climate change. We’re now around the middle of the 2020s, a decade when carbon dioxide emissions need to decline by about half if we’re to avoid damaging warming. Instead they’re still rising, if only just. The … Read more
Last month American startup Lucid debuted the Gravity, its first entry in the hotly contested three-row SUV segment and an important model for the brand that currently only builds the Air luxury sedan. Speaking with Autocar in a new interview, Lucid CEO Peter Rawlinson says the company’s next focus is on two mainstream models that will … Read more
Good morning! It’s Tuesday, December 19, 2023, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. The Hype Behind Tesla Stock Success In 2023 1st Gear: Nevada Tesla Factory Workers Get Pay Raise Tesla … Read more
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