Rick Clough

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Stephen Scherr, chief executive officer of Hertz Global Holdings Inc., speaks during the 2023 CERAWeek by S&P Global conference in Houston, Texas, US, on Tuesday, March 7, 2023. The global energy industry is facing a welter of uncertainty and change — driven by the effects of the global pandemic; shifting geopolitics and a war launched by one of the world’s major energy powers; high energy prices; supply chain and infrastructure constraints; and economic instability. Photographer: F. Carter Smith/Bloomberg via Getty Imagesg

Hertz will shed EVs and buy more gas-powered cars after 100,000-Tesla order in 2021: ‘The elevated costs associated with EVs persisted’

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