Exploring the hurdles faced by rental car companies in the US with electric vehicles due to high repair costs, decreased market value, lack of customer adoption, and slow EV adoption rates, impacting the industry and broader EV landscape.
Reddit shares soared during its public market debut, US prosecutors filed a landmark antitrust lawsuit against Apple, and the FT’s Sujeet Indap explains why Hertz’s pivot to electric vehicles went awry.
The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Kyra Assibey-Bonsu, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.