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Hertz increased its fleet of EV rental cars – then, profits exploded

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Re: Hertz increased its fleet of EV rental cars – then, profits exploded

#2
According to the OP, Hertz has found that EVs are "between 50-60% cheaper to maintain than gasoline-powered cars."

That's a huge difference. It means that the cost of using an ICE vehicle over time is 2x greater.

If the figure is anywhere near accurate, ICE vehicles are toast.

Re: Hertz increased its fleet of EV rental cars – then, profits exploded

#3
> This is good news for the planet, as studies show that EVs create less carbon pollution than conventional gasoline-powered cars, even after accounting for energy expended to produce, transport, and charge them

How about the mining of battery materials and the effect of that? Or the disposal of batteries. This article is pretty biased in that it fails to address the externalities of the entire EV lifecycle.

Re: Hertz increased its fleet of EV rental cars – then, profits exploded

#4
post #2

According to the OP, Hertz has found that EVs are "between 50-60% cheaper to maintain than gasoline-powered cars." That's a huge difference. It means that the cost of using an ICE vehicle over time is 2x greater. If the figure is anywhere near accurate, ICE vehicles are toast.

Strange claim, because Hertz's fleets are comprised of new and almost brand new vehicles, which usually only require oil changes.

Then they sell them off after accumulating 10,000-25,000 miles, before any real maintenance is required.

20,000 miles is what, 4-6 oil changes?

Re: Hertz increased its fleet of EV rental cars – then, profits exploded

#5

> This is good news for the planet, as studies show that EVs create less carbon pollution than conventional gasoline-powered cars, even after accounting for energy expended to produce, transport, and charge them How about the mining of battery materials and the effect of that? Or the disposal of batteries. This article is pretty biased in that it fails to address the externalities of the entire EV lifecycle.

Wouldn't that be a part of the "energy expended to produce" part of the statement? Maybe it's intentionally ambiguous, misleading if so.

Re: Hertz increased its fleet of EV rental cars – then, profits exploded

#6
post #2

According to the OP, Hertz has found that EVs are "between 50-60% cheaper to maintain than gasoline-powered cars." That's a huge difference. It means that the cost of using an ICE vehicle over time is 2x greater. If the figure is anywhere near accurate, ICE vehicles are toast.

While those numbers are extremely encouraging, the fact that this is on a new fleet is to be kept in mind.

What we know now is that they 50-60% cheaper to maintain during the first couple of years.

Let's hope that they are also 50-60% cheaper to maintain over their whole lifetime, but this might not be as assured as one might think due to batteries which are a huge cost.

Re: Hertz increased its fleet of EV rental cars – then, profits exploded

#7
post #4
post #2

According to the OP, Hertz has found that EVs are "between 50-60% cheaper to maintain than gasoline-powered cars." That's a huge difference. It means that the cost of using an ICE vehicle over time is 2x greater. If the figure is anywhere near accurate, ICE vehicles are toast.

Strange claim, because Hertz's fleets are comprised of new and almost brand new vehicles, which usually only require oil changes. Then they sell them off after accumulating 10,000-25,000 miles, before any real maintenance is required. 20,000 miles is what, 4-6 oil changes?

An explanation could be that people driving Hertz cars are not optimizing for car longevity which breaks more stuff earlier? Also 10,000-20,000 miles in pure city environment can still take a toll on the brakes which the EV would be more resistant too because of regenerative breaking.

Re: Hertz increased its fleet of EV rental cars – then, profits exploded

#8
post #4
post #2

According to the OP, Hertz has found that EVs are "between 50-60% cheaper to maintain than gasoline-powered cars." That's a huge difference. It means that the cost of using an ICE vehicle over time is 2x greater. If the figure is anywhere near accurate, ICE vehicles are toast.

Strange claim, because Hertz's fleets are comprised of new and almost brand new vehicles, which usually only require oil changes. Then they sell them off after accumulating 10,000-25,000 miles, before any real maintenance is required. 20,000 miles is what, 4-6 oil changes?

Some employee has to take those cars to jiffy lube (or whatever oil change place is contracted with that Hertz location to provide fluid changes) to the tune of $20/hr. I can see that dominating costs.

And on top of that the average EV probably has low(er) rolling resistance tires (to get a few more miles of range) which get replaced every 40k instead of whatever sticky tires the OEM slapped that only last 30k so you're doing that routine less too.

Re: Hertz increased its fleet of EV rental cars – then, profits exploded

#10
post #4
post #2

According to the OP, Hertz has found that EVs are "between 50-60% cheaper to maintain than gasoline-powered cars." That's a huge difference. It means that the cost of using an ICE vehicle over time is 2x greater. If the figure is anywhere near accurate, ICE vehicles are toast.

Strange claim, because Hertz's fleets are comprised of new and almost brand new vehicles, which usually only require oil changes. Then they sell them off after accumulating 10,000-25,000 miles, before any real maintenance is required. 20,000 miles is what, 4-6 oil changes?

Probably closer to 3 if they are following the cars oil life monitoring system
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