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I'm surprised that Hertz didn't build chargers on premises for this fleet. I can see why car rental companies expect fossil fuel cars to be returned with a ful

• nunez 2y ago
  They invested significant capital in doing exactly that...at their prime locations (airports). The challenge here is that they didn't invest in building charging infrastructure at ALL of their locations (neighborhood centers, small airports, hotels, etc). This is problematic because a renter that decides last minute to one-way their car from a prime location to a non-prime location without charging first essentially took that car out of rev service for the day. An ICE car would never have that problem. This, of course, was fine when used EVs barely lost their value, but now that they depreciated like a rock since 2023, these cars are a cumulative black hole in forward revenue.