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Hertz to sell 20,000 electric cars, shifts focus to gas vehicles

Hertz is selling 20,000 electric cars from its fleet to invest in gasoline ones.

Hertz, one of America's largest rental car companies, has announced plans to sell 20,000 electric vehicles (EVs) from its fleet and reinvest the proceeds into conventional gas-powered vehicles. This decision comes as a blow to President Joe Biden's push for widespread adoption of electric vehicles in the country.

Months ago, Hertz was touted by the White House as a key player in accelerating the transition to EVs. However, the reality on the ground seems to be quite different. The lack of EV charging infrastructure has contributed to Hertz's decision, as finding charging stations remains a major challenge for electric vehicle users.

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