{"id":159286,"date":"2024-11-13T12:10:56","date_gmt":"2024-11-13T11:10:56","guid":{"rendered":"https:\/\/newmobility.news\/?p=159286"},"modified":"2024-11-13T11:58:09","modified_gmt":"2024-11-13T10:58:09","slug":"hertz-loss-widens-beyond-expectations-due-to-ev-price-cuts","status":"publish","type":"post","link":"https:\/\/newmobility.news\/en\/2024\/11\/13\/hertz-loss-widens-beyond-expectations-due-to-ev-price-cuts\/","title":{"rendered":"Hertz loss widens beyond expectations due to EV price cuts"},"content":{"rendered":"Hertz reported a staggering \u20ac1.2 billion net loss in the third quarter, driven mainly by the write-down on its fleet of electric vehicles (\u20ac0.9 billion). The results, which fell significantly short of analyst expectations, highlighted the mounting challenges of the ambitious shift towards electr<div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\">This content has been archived. <a href=\"https:\/\/newmobility.news\/en\/subscription\/\">Log in or Subscribe<\/a> to a level that has access to archived content.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Hertz reported a staggering \u20ac1.2 billion net loss in the third quarter, driven mainly by the write-down on its fleet of electric vehicles (\u20ac0.9 billion). The results, which fell significantly short of analyst expectations, highlighted the mounting challenges of the ambitious shift towards electrThis content has been archived. Log in or Subscribe to a level [&hellip;]<\/p>\n","protected":false},"author":715,"featured_media":159288,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false},"categories":[16,77158,8,77151,4],"tags":[],"class_list":["post-159286","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry","category-leasing","category-product","category-services","category-top-stories-today"],"acf":[],"featured_image_urls_v2":{"full":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/11\/Polestar_begins_delivering_on_65000_electric_vehicle_partnership_with_Hertz.jpg?fit=1563%2C873&ssl=1",1563,873,false],"thumbnail":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/11\/Polestar_begins_delivering_on_65000_electric_vehicle_partnership_with_Hertz.jpg?resize=150%2C150&ssl=1",150,150,true],"medium":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/11\/Polestar_begins_delivering_on_65000_electric_vehicle_partnership_with_Hertz.jpg?fit=300%2C168&ssl=1",300,168,true],"medium_large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/11\/Polestar_begins_delivering_on_65000_electric_vehicle_partnership_with_Hertz.jpg?fit=640%2C357&ssl=1",640,357,true],"large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/11\/Polestar_begins_delivering_on_65000_electric_vehicle_partnership_with_Hertz.jpg?fit=640%2C358&ssl=1",640,358,true],"1536x1536":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/11\/Polestar_begins_delivering_on_65000_electric_vehicle_partnership_with_Hertz.jpg?fit=1536%2C858&ssl=1",1536,858,true],"2048x2048":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/11\/Polestar_begins_delivering_on_65000_electric_vehicle_partnership_with_Hertz.jpg?fit=1563%2C873&ssl=1",1563,873,true],"trp-custom-language-flag":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/11\/Polestar_begins_delivering_on_65000_electric_vehicle_partnership_with_Hertz.jpg?fit=18%2C10&ssl=1",18,10,true],"related-thumb":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/11\/Polestar_begins_delivering_on_65000_electric_vehicle_partnership_with_Hertz.jpg?resize=640%2C480&ssl=1",640,480,true],"gform-image-choice-sm":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/11\/Polestar_begins_delivering_on_65000_electric_vehicle_partnership_with_Hertz.jpg?resize=300%2C300&ssl=1",300,300,true],"gform-image-choice-md":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/11\/Polestar_begins_delivering_on_65000_electric_vehicle_partnership_with_Hertz.jpg?resize=400%2C400&ssl=1",400,400,true],"gform-image-choice-lg":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/11\/Polestar_begins_delivering_on_65000_electric_vehicle_partnership_with_Hertz.jpg?resize=600%2C600&ssl=1",600,600,true],"mailchimp":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/11\/Polestar_begins_delivering_on_65000_electric_vehicle_partnership_with_Hertz.jpg?fit=560%2C313&ssl=1",560,313,true],"unipress-phone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/11\/Polestar_begins_delivering_on_65000_electric_vehicle_partnership_with_Hertz.jpg?resize=640%2C100&ssl=1",640,100,true],"unipress-tablet":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/11\/Polestar_begins_delivering_on_65000_electric_vehicle_partnership_with_Hertz.jpg?resize=1536%2C240&ssl=1",1536,240,true],"unipress-tablet-portrait":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/11\/Polestar_begins_delivering_on_65000_electric_vehicle_partnership_with_Hertz.jpg?resize=1536%2C180&ssl=1",1536,180,true],"unipress-tablet-landscape":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/11\/Polestar_begins_delivering_on_65000_electric_vehicle_partnership_with_Hertz.jpg?resize=1563%2C180&ssl=1",1563,180,true],"unipress-smartphone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/11\/Polestar_begins_delivering_on_65000_electric_vehicle_partnership_with_Hertz.jpg?resize=1080%2C168&ssl=1",1080,168,true],"unipress-wide-screen":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/11\/Polestar_begins_delivering_on_65000_electric_vehicle_partnership_with_Hertz.jpg?resize=1563%2C180&ssl=1",1563,180,true]},"post_exce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reported a staggering \u20ac1.2 billion net loss in the third quarter, driven mainly by the write-down on its fleet of electric vehicles (\u20ac0.9 billion). The results, which fell significantly short of analyst expectations, highlighted the mounting challenges of the ambitious shift towards electrThis content has been archived. Log in or Subscribe to a level that has access to archived content.<\/p>\n","category_list_v2":"<a href=\"https:\/\/newmobility.news\/en\/category\/industry\/\" rel=\"category tag\">Industry<\/a>, <a href=\"https:\/\/newmobility.news\/en\/category\/leasing\/\" rel=\"category tag\">Leasing<\/a>, <a href=\"https:\/\/newmobility.news\/en\/category\/product\/\" rel=\"category tag\">Product<\/a>, <a href=\"https:\/\/newmobility.news\/en\/category\/services\/\" rel=\"category tag\">Services<\/a>, <a href=\"https:\/\/newmobility.news\/en\/category\/top-stories-today\/\" rel=\"category tag\">Top Stories Today<\/a>","author_info_v2":{"name":"Piet Andries","url":"https:\/\/newmobility.news\/en\/author\/piet-andriesgmail-com\/"},"comments_num_v2":"0 comments","yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Hertz loss widens beyond expectations due to EV price cuts - newmobility.news<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newmobility.news\/en\/2024\/11\/13\/hertz-loss-widens-beyond-expectations-due-to-ev-price-cuts\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hertz loss widens beyond expectations due to EV price cuts - newmobility.news\" \/>\n<meta property=\"og:description\" content=\"Hertz reported a staggering \u20ac1.2 billion net loss in the third quarter, driven mainly by the write-down on its fleet of electric vehicles (\u20ac0.9 billion). 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Log in or Subscribe to a level [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/newmobility.news\/en\/2024\/11\/13\/hertz-loss-widens-beyond-expectations-due-to-ev-price-cuts\/\" \/>\n<meta property=\"og:site_name\" content=\"newmobility.news\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/search\/top\/?q=newmobility.news\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-13T11:10:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/11\/Polestar_begins_delivering_on_65000_electric_vehicle_partnership_with_Hertz.jpg?fit=1563%2C873&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"1563\" \/>\n\t<meta property=\"og:image:height\" content=\"873\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Piet Andries\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@jorisvry\" \/>\n<meta name=\"twitter:site\" content=\"@jorisvry\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Piet Andries\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/11\\\/13\\\/hertz-loss-widens-beyond-expectations-due-to-ev-price-cuts\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/11\\\/13\\\/hertz-loss-widens-beyond-expectations-due-to-ev-price-cuts\\\/\"},\"author\":{\"name\":\"Piet Andries\",\"@id\":\"https:\\\/\\\/newmobility.news\\\/#\\\/schema\\\/person\\\/4f0a0e407f0ee24ec763e67b0a5840a5\"},\"headline\":\"Hertz loss widens beyond expectations due to EV price cuts\",\"datePublished\":\"2024-11-13T11:10:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/11\\\/13\\\/hertz-loss-widens-beyond-expectations-due-to-ev-price-cuts\\\/\"},\"wordCount\":434,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/11\\\/13\\\/hertz-loss-widens-beyond-expectations-due-to-ev-price-cuts\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/newmobility.news\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/Polestar_begins_delivering_on_65000_electric_vehicle_partnership_with_Hertz.jpg?fit=1563%2C873&ssl=1\",\"articleSection\":[\"Industry\",\"Leasing\",\"Product\",\"Services\",\"Top Stories Today\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/newmobility.news\\\/2024\\\/11\\\/13\\\/hertz-loss-widens-beyond-expectations-due-to-ev-price-cuts\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/11\\\/13\\\/hertz-loss-widens-beyond-expectations-due-to-ev-price-cuts\\\/\",\"url\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/11\\\/13\\\/hertz-loss-widens-beyond-expectations-due-to-ev-price-cuts\\\/\",\"name\":\"Hertz loss widens beyond expectations due to EV price cuts - 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