Auto Industry Banks on EV Sales to Rental Fleets

Auto sales to rental fleets used to be seen as a sign of failure. With the dawn of the electric vehicle age, that’s changing.

In the past, automakers typically took aging or unpopular models, stripped them of many creature comforts and sold them to the likes of Hertz and Avis at discounted prices. It was a way to keep production lines moving until a freshened version of the car got to market.

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