Startupology • 19 implied HN points • 05 Feb 24
- Rental car companies and EVs face challenges like high repair costs and poor infrastructure.
- Hertz faced bankruptcy, then aimed to boost business with an EV fleet but is now selling off a third of it due to low demand and high repair costs.
- Issues with rental companies and EVs include maintenance costs, customer education, charging infrastructure, and consumer familiarity.