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Fleet and OEM leaders will tackle how connected vehicles, embedded telematics, and data are changing the relationship between commercial fleets and automakers.
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The latest decision follows a one-third cut in Hertz's existing EV fleet as customers and consumers are not embracing EVs as much as expected.
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In another sign of EV hesitancy, a new survey shows only 1% of business travelers always rent them when using auto rental companies.
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The plan furthers the company's battery lifecycle management services as it meets demand from a growing new and used electric vehicle market in the U.S.
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Electric vehicles may seem buggy and expensive now, but prices will inevitably come down as battery technology evolves and EV infrastructure becomes more commonplace.
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The industry's first EV-specific valuation algorithm includes proprietary analytics from 100 million real-world EV battery data points.
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Tesla price cuts that shook up the market and challenged the profitability picture for all automakers.
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In another high profile indicator of consumer EV skepticism, the auto rental giant will sell off the EVs to avoid further financial losses.
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In an effort to jump start a slowing market, EV manufacturers will offer more models, incentives, discounts, advertising, and sales muscle.
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Fleet charging introduces new challenges for fleet managers. EV fleet operators may benefit from implementing Open Charge Point Protocol.
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EV inventory is stacking up on dealer lots as consumers spooked by high prices and sparse charging stations second-guess or resist buying them.
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