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EVs putting independent rental firms at risk of closure
Summary by Autocar UK
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EVs putting independent rental firms at risk of closure
Insurance, chargers and resale costs make EVs pricey for indie firms Electric vehicles could spell the end of independent vehicle rental companies, a leading family-owned UK firm has warned, amid a wider backdrop of waning demand for EVs generally among hire companies. Kendall Cars, a rental group with 14 branches in the south-east and a fleet of 1500 vehicles, says businesses like it are closing partly because of the high insurance costs associ…
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