US-based car rental giant Hertz and its European counterpart Sixt have both faced severe financial losses due to the rapid depreciation of electric vehicles (EVs) in their fleets...

Here's some good news for electric cars: They're cheaper than ever. Here's some bad news for electric cars: They're cheaper than ever.

Hertz Global Holdings plans to buy as many as 175,000 electric vehicles (EV) from General Motors over the next five years, the latest major step by the rental giant to embrace plug-in...