Tag: EVs

Hertz CEO Resigns After Blowing Big Gamble on EVs

Stephen Scherr, chief executive officer of Hertz Global Holdings Inc. and a member of its board of directors, will step down on March 31, following the car rental company’s largest quarterly loss since 2020 after a risky bet on electric vehicles. According to Fox Business, Scherr is working with Gil West, former chief operating officer […]

Postal Service, once chided for slow adoption of EVs, announces plan to cut greenhouse gas emissions

The U.S. Postal Service announced sweeping plans Tuesday to reduce greenhouse emissions by diverting more parcels from air to ground transportation, boosting the number of electric vehicles, cutting waste sent to landfills and making delivery routes more efficient. Postmaster General Louis DeJoy described a mix of environmental initiatives and cost-cutting business practices that together would […]

Don’t Force People to Buy EVs – PJ Media

“Customers — not regulations or politics — should make that decision” to buy an electric vehicle, according to the latest report on Toyota chairman Akio Toyoda. Despite generous government subsidies for the manufacture and purchase of electric vehicles, Toyota has concentrated its research and development on other alternative power trains, like hybrids and hydrogen […]