hertz
Hertz is walking back some of its ambitions for electric vehicles.
  • Hertz plans to sell off 20,000 electric vehicles from its rental fleet. 
  • The company said the cars repair costs were a factor in its decision. 
  • Rental companies still need to update their processes for EVs, one reporter found.

Hertz is selling a massive chunk of its electric-vehicle fleet, it said Thursday, citing higher repair costs.