Rental car giant Hertz is looking to offload 20,000 Electric Vehicles (EVs) and reinvest the proceeds of those sales into gas-powered vehicles, according to a report Thursday morning from Bloomberg.
From Bloomberg:
The decision to ditch EVs follows reports from major auto producers last year that demand for the electric vehicles has not lived up to the hype.
General Motors, Honda, and Ford both paused development of EV production facilities last year, citing lackluster demand for the expensive, range-limited vehicles.
Even Tesla, by far the most popular EV maker, warned of a slowdown in sales, while big battery makers expected orders to cool.
None of this, however, has prevented Maine policymakers from forging ahead with plans to mandate the sale of unpopular EVs in the Pine Tree State.
Unlike most major regulatory changes, the Mills Administration has pursued the controversial EV mandate not through the legislative process but through the Board of Environmental Protection, a panel of unelected bureaucrats who are acting on a petition signed by 150 left-wing activists.
The plan was originally scheduled for a vote last year; however, that hearing has been delayed to at least February.
The BEP is anticipated to vote on a mandate requiring that 43 percent of new cars sold in Maine be EVs by model year 2027 and 82 percent by model year 2032.
Where’s Communist Conners comment on this story?😁
The Communists of Maine party are not early risers. They have to stay up late to communicate with the China bosses.
I am here. And yes I fully support the Government controlling the sales of cars. They should be doing much more. Many of us in Portland helped organize around this. Maine is going side by side with California and other progressive states. And there aint nuttin’ you can do ’bout it.
If you’re going to keep using up oil and hurting the environment, then we’ll use the law to stop you. Period.
Quick tell.the NRCM, they were looking to buy some used EV’s and here is their chance. Hey Connor there is nothing progressive about going backwards. I would love to see some windmills in Casco Bay, and solar panels on the Eastern Prom as well as Deering Oaks Park.
Glad to see that you made it Conner!! As laughter is regarded as one of the best medicines, your comments will keep me in good health for years.😁
…again, Maine is sucking hind tit! 😂😂😂
Only the wealthy can afford those EVs with Chinese batteries made by slave labor. Read up on lithium mines and find out the real dangers. Willful Ignorance is no excuse.
Did not OJ front for Hertz at one time!
……”If you’re going to keep using up oil and hurting the environment, then we’ll use the law to stop you. Period”……
You communists are good at using “lawfare” and other legal persecutions to gain all the control you need over us. Well when push comes to shove you will see that WE won’t need laws to deal with your kind. The history of communism on this planet is full of starvation, genocide and millions of murders. If you bother to read any history books, which I know your kind don’t, then you will see that many former communist dictators got the end they deserved. And history is good at repeating itself.
Why can’t we get 150 people to sign a petition outlawing fossil fuel based heating in the City of Portland by October 24, as well as all internal combustion engines at the same time?
That should make a remarkable reduction in Maine’s carbon footprint. No other rationale should be required.
Either that, or anyone believes strong action must be taken to counter climate change can signify their commitment by eliminating use of any fossil fuel based heating, and fossil fuel based transportation.
And renounce their employment at any employer who will not do the same.
C’mon, Man! Show your true colors.