Rental car giants embark on electric after pandemic bonanza

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Reuters UK

By Tina Bellon (Reuters) – The $100 billion Western rental car industry, flush with cash from a profitable pandemic, is gradually getting its electric show on the road, and Chinese-made vehicles are poised to play a starring role. The electric transition could see car fleets, long dominated by famed marques from the United States and Europe, increasingly switch towards Asian automakers, according to a European executive. “Historically, European and American manufacturers had an edge, but the shift towards electric is reshuffling the cards,” said Olivier Baldassari, group chief countries and op…

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