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The rental car company Hertz will be selling about one-third of the electric vehicles in its fleet after they lost value more quickly than expected, the company said on Thursday. The drop in.


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42% of Gen Zers bought their first vehicles between ages 16 and 18 compared with 32% of Millennials, according to 4,000 responses to a Cars.com survey taken between August 30 and September 7, 2023.


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Over the year as a whole Elon Musk's Tesla ( TSLA) still outpaced BYD, selling 1.8 million electric cars. BYD sold 1.57 million electric vehicles, up 73% on 2022, as well as 1.44 million hybrids.


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Five other automakers — Honda, Subaru, Volkswagen, BMW and GM — sold cars that were less efficient, on average, in 2022 than in 2017. This drop in efficiency might seem puzzling at a time when.