Hertz purchased 100,000 Teslas in 2021 and has since course-corrected after taking half a billion dollars in write-downs and losses from its EV fleet.

Electric vehicles may be better for the environment and have lower running costs, but data suggests they lose value far ...

Nikesh Kooverjee has been contributing to the automotive sphere for 11 years. His previous roles include Digital Editor at CAR South Africa and associate editor at CarBuzz. He has always had a strong ...

A lot of new electric cars will soon be zooming down America’s highways. In the third quarter of 2023, electric and hybrid vehicles made up nearly 18% of light-duty vehicle sales in the U.S. This high ...

The crystal ball for electric vehicles has gotten cloudy as many major automakers take a sober look at their EV plans and quietly shift priorities, cut production and extend new product timelines.

Q: Are electric cars really better for the environment than gasoline-powered cars over their lifetimes? A: Yes. Electric vehicles typically release fewer greenhouse gas emissions than internal ...