Hertz pauses plans of buying Polestar EVs

Hertz Global Holdings Inc (NASDAQ: HTZ) says it will not buy electric vehicles from Polestar Automotive Holding UK Plc (NASDAQ: PSNY) in 2024. Shares of the latter are down 5.0% this morning.   Why doesn’t Hertz want Polestar vehicles this year? In 2022, Hertz announced an agreement with Polestar to buy 65,000 of its electric […]