TRANS You Can't Make This Up: Car Rental Giant 'Hertz' to Sell 20,000 Used Electric Cars as It Pivots Back to Gas-Fueled Cars

Power in watts is volts times amps, in a resistive circuit. In a circuit with a reactive load, it's not that simple. Any circuit with a motor has a reactive load.
Amp hour ratings for any battery will vary by load-a 100AH battery may provide 1A to a load for 100 hours, but is unlikely to provide 2A for 50 hours.
It certainly cannot provide 50A for 2 hours.
 

AlfaMan

Has No Life - Lives on TB
There would be a serious problem with weight/distance factors. Lithium is the best choice, if you ignore cost, mining/recycling, fires, and the rest of it. Might consider a system where lead battery packs are easily swapped as Tesla has done. The could reduce the range and charge problems. A pair of packs would probably be cheaper than a single lithium. A charging station with many packs ready to swap might be interesting.
Tesla tried the charging stations where they would literally swap a depleted battery pack with a fresh one and send the customer on the way. They lost BIG money on the project and killed it off.

Probably one of the more innovative ways a carmaker is handling battery packs is Chevrolet, with the new EV Corvette.

The battery pack in the EVette is 80 seperate battery packs in 5-6 "boxes". The actual batteries inside those "boxes" look like Capri Sun juice packs, truthfully. A bit larger but that's what they remind me of. Those packs are wired in series and placed in the center area of the car. They're in the area where the driveshaft tunnel would be on a car, strung out in a manner like hanging files in a file cabinet. Each cell is replaceable, and the cell "boxes" are accessible by taking out the center console of the car.

Check it out-

Site Maintenance

The reality however is-the EV "cart" (the vehicles and all the pushing of the EV agenda) has been put before the "horse" (the infrastructure on a national scale) .
And Hertz is showing the problems with the use of EVs on a large scale and a total lack of national EV infrastructure to the world.
 

tinfoil

Senior Member
Had an acquaintance warn me about Budget/Hertz having to force or attempt to force folks to take an EV for their rental vehicle, despite having reserved a dinosaur juice powered vehicle.

I fly and rent a car from Budget a few times a year. Typically, I reserve their cheapest option which is usually a mystery car or ‘surprise me’ type of deal.

I was so concerned the last time (close to Christmas) that I would be forced into an EV that I would have to spend half the time I had it sitting on a charger waiting to go do the things I needed to do that I reserved a class of vehicle. None of their sub compact, compact, or whatever the next size up is were available to be booked. I had to reserve a ‘small SUV or crossover’ in order to have a leg to stand on if it came that I had to insist on a gas powered vehicle.

Fortunately, when I got there, all was well. They tried to have me choose between three different vehicles. I just asked the lady to surprise me and she gave me a Toyota CorollaCross (non-hybrid) with only about 8,300 miles on it.
 

AlfaMan

Has No Life - Lives on TB
Had an acquaintance warn me about Budget/Hertz having to force or attempt to force folks to take an EV for their rental vehicle, despite having reserved a dinosaur juice powered vehicle.

I fly and rent a car from Budget a few times a year. Typically, I reserve their cheapest option which is usually a mystery car or ‘surprise me’ type of deal.

I was so concerned the last time (close to Christmas) that I would be forced into an EV that I would have to spend half the time I had it sitting on a charger waiting to go do the things I needed to do that I reserved a class of vehicle. None of their sub compact, compact, or whatever the next size up is were available to be booked. I had to reserve a ‘small SUV or crossover’ in order to have a leg to stand on if it came that I had to insist on a gas powered vehicle.

Fortunately, when I got there, all was well. They tried to have me choose between three different vehicles. I just asked the lady to surprise me and she gave me a Toyota CorollaCross (non-hybrid) with only about 8,300 miles on it.
The Corolla Cross is a good car-it's a Corolla unibody structure with an SUV plopped on top of it. They had a massive recall on them about a year ago for bad passenger side airbags but it's been resolved. Good little SUVs and I like the size.
 

Publius

TB Fanatic
They may have given up as they got tired of sending a tow truck to retrieve their electric cars and each rental building only has one charging station and it takes 24 hours to fully charge a car with a dead battery.
 

ainitfunny

Saved, to glorify God.
He doesn't need laxatives. He does it all on his own. Just ask the Pope.
Then again it could have been a secret repub or just bad ass on his staff who sneaked an melted exlax into his chocolate pudding cup just the right time in advance of meeting the pope! (Harris?)
 

tinfoil

Senior Member
The Corolla Cross is a good car-it's a Corolla unibody structure with an SUV plopped on top of it. They had a massive recall on them about a year ago for bad passenger side airbags but it's been resolved. Good little SUVs and I like the size.
My ‘03 Tundra was on that same recall.

Quite frankly, I wasn’t terribly impressed with the CorollaCross. Mainly because at least than 8,500 miles on the clock it already had a decent transmission slip going on. Particularly when I asked it to get up and go. It was apparent enough that I googled it and learned that a lot of folks have experienced problems of the same nature with the same version of the car with the same CVT.

Granted, it didn’t leave me anywhere and did just fine for me, I just wouldn’t put it on the top of my list if I were car shopping.
 

AlfaMan

Has No Life - Lives on TB
My ‘03 Tundra was on that same recall.

Quite frankly, I wasn’t terribly impressed with the CorollaCross. Mainly because at least than 8,500 miles on the clock it already had a decent transmission slip going on. Particularly when I asked it to get up and go. It was apparent enough that I googled it and learned that a lot of folks have experienced problems of the same nature with the same version of the car with the same CVT.

Granted, it didn’t leave me anywhere and did just fine for me, I just wouldn’t put it on the top of my list if I were car shopping.
Yes, the CVT issue is beginning to hit Toyota now. Usually in that vehicle you don't see the issue until 50-55k miles in my experience. Sounds like a previous renter had already pre trashed the trans for you.

CVT transmissions are a good idea-it's just the makers of them keep going cheap cheap cheap on the solenoids and the drive belts.
 

Knoxville's Joker

Has No Life - Lives on TB
Yes, the CVT issue is beginning to hit Toyota now. Usually in that vehicle you don't see the issue until 50-55k miles in my experience. Sounds like a previous renter had already pre trashed the trans for you.

CVT transmissions are a good idea-it's just the makers of them keep going cheap cheap cheap on the solenoids and the drive belts.
HOpefully the aftermarket fixes that issue in short order...
 

AlfaMan

Has No Life - Lives on TB
HOpefully the aftermarket fixes that issue in short order...
Short of some company cracking the cases and replacing the rubber only drive belts with Hy-Vo style metal impregnated belts (like the old Olds Toronado TH425 front drive transmission) AND doing a total reflash of the TCM, AND replacing the solenoids with ones not made in cheap parts county China, ain't gonna happen.

They're built to last as long as the vehicle warranty period and that's about that these days.
 

Griz3752

Retired, practising Curmudgeon
Get woke... you know the rest.

Say it.
SAY IT!
Hertz: "It Hertz.."
Didn't Hertz just clear their post-pandemic bankruptcy?

How is dumping many thousands of EVs at a loss per unit going to effect them? AGAIN?

Yeah this is sounding so good for the rest of the American Economy!!NOT!!

Can't wait to hear FJB & Co start the "too big to fail" chorus.



I'd actually pay to wake up for seven consecutive days and not find one calamity in the headlines we couldn't trace back to this geriatric douche bag and the pukes he sold out to.

I know: deluded in my aspirations.
Damn him and his ilk!
 
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TKO

Veteran Member
So, I don't know if we had a thread on this already or I read about it in the past.
Rumor was they had 100k of them and half were dedicated to there partnership with uber or lift.
The ones the rid share drivers were using are getting driven into the ground millage wise and they realized they were not going to be able to flip the vehicles into the used market like they normally did.

Also have read some stories about people renting them and essentially spending hours (the rental company includes all the recharges for free at the tesla charges because of some deal with them) of there first day charging them.
Apparently very few rental companies have chargers for them.



You Can't Make This Up: Car Rental Giant 'Hertz' to Sell 20,000 Used Electric Cars as It Pivots Back to Gas-Fueled Cars​


Hertz Global Holdings Inc., once a leading advocate for electrifying its vehicle fleet, has announced plans to offload approximately a third of its U.S. electric vehicles (EVs), citing sluggish demand and burdensome maintenance costs, Bloomberg reported.
The move marks a significant retreat from the company’s ambitious electric transition initiated just a few years ago.
“As part of our dedication to personalized service and seamless travel, we offer electric vehicle (EV) rental cars in North America. Our selection of quality electric rental cars – the vehicles of tomorrow – lets you choose a greener way to travel with models from Polestar, Tesla, and more available,” according to the Hertz website.

The company added, “Our broad selection of electric vehicles lets you choose a greener way to travel. Our innovative EV fleet options boast ample power and advanced features that make journeys comfortable and convenient. And with no tailpipe emissions, EVs are helping to make the air in our towns and cities cleaner.”
Hertz began the sale of 20,000 EVs last month, a disposal that is slated to proceed throughout 2024. This divestment was disclosed in a recent regulatory filing where the company also noted an expected non-cash charge of around $245 million for the fourth quarter, attributed to increased net depreciation expenses.

In 2021, the company made headlines by ordering 100,000 vehicles from Tesla Inc., signaling strong confidence in the burgeoning EV market. However, the reality has proven less optimistic. EV sales, which saw a mere 1.3% increase in the last quarter of 2023, have been hampered by high prices and rising interest rates.
“The elevated costs associated with EVs persisted,” stated Hertz CEO Stephen Scherr. “Efforts to wrestle it down proved to be more challenging than anticipated.”

In the wake of the announcement, Hertz’s stock took a hit, dropping 4.3% to $8.95 in morning trading in New York, reflecting a continuing decline after a 32% fall in the previous year, according to Bloomberg.
The company’s strategic shift includes a more cautious approach to acquiring EVs. Hertz’s existing agreements to purchase 175,000 EVs from General Motors Co. and 65,000 from Polestar over the coming years may now face delays. Funds from the EV sale will be reallocated to procure gas-powered vehicles, in an effort to “better balance supply against expected demand.”
ESG scores just went south. LOL!
 

AlfaMan

Has No Life - Lives on TB
I have seen plenty of EVs on the side of the road during this cold cold spell. It's been gratifying to me.
A little tidbit about these Teslas Hertz is selling.

The ones I looked at last week were basically brought off rental and driven to the marshalling yard, without recharging them. So, I've seen them at varying charge levels. And I've seen more than my share of "bricked" ones. Seems that charge on these things below 10% shuts off the sentry system in these vehicles. Not sure exactly what that is, didn't research it. But I think it's part of the anti theft system. High beam headlight use on the model 3 takes 2% of the main battery charge over a 20 minute period, by the way.

Oh, and it is amazingly easy to get into these vehicles. For purposes good and bad.

So, you want to steal some goodies out of a parked model 3? Here's what you do.

1. Take the tow hook cover off the front bumper. There's 2 thin (maybe 16 gauge) wires attached to it (and if not take a pick, they have fallen off their hooks on the tow hook cover and the wire is dangling somewhere below it.). The wires are red and black.

2. Take a jump box and attach the positive cable to the red wire off the tow hook. Take the negative cable and attach it to the black wire. The front "frunk" will pop open. Open the hood.

3. Looking at the big cover at the back of the "frunk" (the one that covers the wires firemen need to cut in case of an accident, to deactivate the battery pack), pop that cover off. Just pull on it, pops right off.

4. In the middle of the area where you yanked the cover off, there's a red tab bout 3" wide. Attach the positive cable to that tab, and there's a ground bolt near the red tab. Attach the negative/black jump box to that ground bolt (or really any metal in the frunk).

5. When you do that, the door handles are active. Push on the big end of the handle, pull on the thin ends and the door opens. You can get into the car now. Take what you like, it's wide open. You can't start the vehicle without the credit card key, but you can swipe anything you see in the passenger compartment, the front frunk and the rear hatch. (To open the rear trunk, just go to the back and reach up under the lip of the trunk. The button is in the middle of that lip, right above the license plate).

Thank you for participating in the Tesla burglary 101 course :)
 

workhorse

Veteran Member
A few years ago had friends in NH that bought an electric smart car. Bragged about it all summer and the 100 plus miles they could get on a charge. Then winter came 100 percent charge would drop to 60 something after they started down the driveway. Could only use defrost heat would draw the battery down to zero in 25 miles if it was on high. Max with defrost was about 60 miles 25 degree days. Below 25 could not take the car to work 25 miles each way defrost would use enough power to have 50 miles on car when it got to work setting outside would go down to 40-35 when they got out of work with out using lights or defrost. Never made it home Dad would come a tow home with truck and trailer. Bought old clunker van for winter use. Their daughter was delighted she had heat no matter what it looked like.
 

Reasonable Rascal

Veteran Member
Tesla schmesshla, who cares. Here we have dozens of wind generators frozen up out in the fields. You couldn't charge those Teslas even if you had a long enough cord.

RR

Must have put a bunch of those Teslas out of order, cuz there are zero nada zilch wind generators working around here today. Guessing no one wants electricity these days. Iowa produces more wind-generated electricity than any other state. But is there is no demand...

:shr:

RR
 
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