Hertz CEO is stepping down. Many point to failed electric vehicle (EV) push as reason for resignation. Hertz began building NYC TLC fleet for Revel & Uber use, but seems to have stopped suddenly
I am convinced electric vehicles (EVs) are relatively expensive toy cars that have no business in the NYC taxiing business for the purposes of being a professional vehicle needed for reliability and dependability. One CEO had to learn that the hard way and thousands of other new vehicle license holders that were given TLC EV licenses will soon learn that, in general. Unfortunately, most of those independent drivers will not have the deep pockets of a corporation to get themselves out of financial trouble and they will go out of business. This will be the fault of the TLC for shortsightedness when divvying out the EV licenses. Shame on them. The only way to rectify this to these new EV owners will be to convert those EV vehicle licenses to, at minimum, hybrid vehicle licenses. Hybrid vehicles have proven themselves to be reliable, great on gasoline, and their costs are about in line with fossil-fueled vehicles. It’s time to right this wrong.
I am convinced electric vehicles (EVs) are relatively expensive toy cars that have no business in the NYC taxiing business for the purposes of being a professional vehicle needed for reliability and dependability. One CEO had to learn that the hard way and thousands of other new vehicle license holders that were given TLC EV licenses will soon learn that, in general. Unfortunately, most of those independent drivers will not have the deep pockets of a corporation to get themselves out of financial trouble and they will go out of business. This will be the fault of the TLC for shortsightedness when divvying out the EV licenses. Shame on them. The only way to rectify this to these new EV owners will be to convert those EV vehicle licenses to, at minimum, hybrid vehicle licenses. Hybrid vehicles have proven themselves to be reliable, great on gasoline, and their costs are about in line with fossil-fueled vehicles. It’s time to right this wrong.