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Car rental giant Avis just sent an email out today to its customers to let that it has new rental terms and conditions for its fleet EVs. Some of the company’s EV rules are a bit of a head scratcher.

Here’s what the email said:

As we introduce Electric Vehicles to our fleet, our rental terms have been amended. To accommodate our expanding vehicle inventory, this amends the agreement signed by you with respect to the rental of a vehicle powered by an electric motor (an “EV”). Our updated terms can be found here.

Note that these were sent out by Avis Canada, but the rental terms and conditions are for both the United States and Canada.

I’ve pasted the seven-plus points terms included in the EV section below, and my comments are after each point, in bolded italics:

39. ELECTRIC VEHICLE (EV) TERMS. This EV Amendment amends the rental agreement signed by you with respect to the rental of a vehicle powered by an electric motor (an “EV”) from Avis Rent A Car System, LLC, Aviscar, Inc., or any Avis Rent A Car System, LLC, affiliate, or the independent Avis Rent A Car System, LLC, licensee identified on the rental agreement (collectively referred to herein as “Avis”).

Boilerplate text. All good. Next.

1) AMENDMENT TO RENTAL AGREEMENT: This EV Amendment simultaneously amends the terms of your rental from Avis with respect to the terms herein only.  All other terms of your rental remain in full force and effect. In the event of any conflict between the terms of this EV Amendment and your other rental terms, the terms of this EV Amendment shall govern.

More boilerplate. Nothing to see here.

2) ONE WAY RENTALS ARE NOT PERMITTED:  Due to unique infrastructure needs associated with EV’s, your EV must be returned to your rental location on the date/time specified in your rental terms.  If your EV is not returned to the renting location, all costs incurred in transporting your EV back to the renting location will be assessed to you.  In addition, you will be assessed a fee for Avis’ loss of use of the EV between the time that you should have returned the EV to the renting location and the time that it is returned to the renting location up to a maximum of thirty (30) days. The loss of use fee will be your daily rental rate.

“Unique infrastructure needs.” LOL.

At the end of January, a couple of us at Electrek received a PR announcement announcing that Avis was launching a “significant number of EV charging stations at the George Bush International Airport in Houston” with EverCharge. The EV charging stations will “only be used by the Avis and Budget fleets of EVs and PHEVs available for rent” at Houston airport.

I asked, “How many EVs does Avis have for rent across the US, and which makes and models?” And got the reply: “Avis is not commenting on the specifics of its fleet at this time.”

Bummer, because Hertz sure is commenting, and with Tom Brady to boot.

I asked the spokesperson how many EV charging stations Avis is installing at Houston airport, and they wouldn’t tell me – they only said that both DC and Level 2 are being put in.

I asked what the rollout plan is for other North American airports, and got the reply:

Following the launch at the Houston airport, Avis and EverCharge plan to extend the partnership to additional airport locations this year.

So, based on the above information, it would appear that the reason why a car rental customer has to return the EV to the original rental location – in this case, airports – is because Avis doesn’t have enough EV charging infrastructure yet.

I get that this is a growing pains issue, but simply, it isn’t very practical. Not everyone returns to the place where they rented a car.

Maybe Avis should have installed more EV charging infrastructure before it rolled out its unknown quantity of EVs.

One can currently rent a Tesla Model 3 from Avis in seven US states – all in the West. It’s kind of silly that one can’t drive between those locations without having to return to home base.

3) BATTERY CHARGING LEVELS AT VEHICLE CHECK OUT: Avis will rent the EV with at least a 70% charge on the battery.  The range of your EV will vary based on a number of factors including vehicle load, driver’s actions such as speed and acceleration, climate and terrain factors such as inclines.  Avis does not warrant or guarantee the range of an EV.

Why 70%? The ideal topped-up charge level is 80%. If Avis has EV chargers at its rental locations, then it should charge them to 80%.

And Avis ought to print up a helpful document, or give renters a QR code, so they can read about why and how vehicle load, speed, and acceleration affect charge. Let’s not say there are factors without explaining them.

4) BATTERY CHARGING LEVELS AT VEHICLE RETURN:   Your EV must be returned to Avis with a battery charge level of at least 70%.  If returned at less than 70% but more than 10% battery charge level, a charging fee of $35 will be assessed to you.  If returned with less than a 10% battery charge level, you will be assessed an additional low charge fee of $35 (a total of $70 charging fees if returned with a battery charge of less than 10%). The charging fee is based on the kilowatt hours, overhead, loss of use of the EV and administrative costs Avis incurs in charging the vehicle.  Note:  fees assessed in the United States refer to U.S. dollars and fees assessed in Canada refer to Canadian dollars.

A $35 car charging fee is a bit steep. Let’s say a driver returns the car with 50% charge – the amount of money to bring it to 70% would be around US $5 at the most.

An 80kwh Tesla battery x 20c/kwh (high estimate) = $16 assuming 0-100% charge.

But I guess this is like when you bring a gas car back empty without prior arrangements, and car rental companies charge you a really high fill-up fee. And if Avis has DC chargers, then they won’t have to wait long to charge up a car that has a battery charge level of less than 70%.

5) ROADSIDE ASSISTANCE:   Roadside assistance is available for your EV but fuel cannot be delivered to EV’s.   If you require roadside service because you depleted your EV’s batteries, your EV will be towed to your renting location and the towing expense will be assessed to you.   If you require another vehicle due to a breakdown, you may be provided a gasoline powered vehicle in which case, all fuel provisions of your rental terms shall apply with respect to your replacement vehicle.

“Fuel cannot be delivered to EVs” – heehee. Love it. It would be cool if Avis invested in some mobile EV charging trucks to make up for the fact that they don’t actually have enough EV charging infrastructure yet to service their EV fleets.

Why can’t the EV be towed to the nearest Tesla Supercharger or Electrify America or similar? Why does it have to go all the way back to the renting location? What if the driver is on a road trip? This one definitely qualifies as weird. This may scare some people off who wanted to try an EV for the first time.

6) SPECIAL EV EQUIPMENT:  All EV equipment including, but not limited to, charging equipment, keys, key cards, fobs and/or remote (“EV Equipment”) provided with your EV must be returned.  The full replacement cost of any EV Equipment not returned with your EV will be charged to you.  LDW, even if elected, does not cover EV Equipment.

Maybe this is a legal thing, but surely it would be common sense that keys, key cards, and fobs would have to be returned, much like any gas rental car? Perhaps Avis has experienced some customers throwing away key cards because they think they’re like hotel key cards? At any rate, I’d be pretty annoyed if I was an Avis employee and customers kept throwing away the key cards, so fair enough. Fobs is a bit of an overstretch. I guess they just had to mention them to cover backs.

7) UNIQUE TESLA TERMS:  If you rented a Tesla EV, you will be able to access Tesla Superchargers, subject to availability, to recharge Tesla vehicles provided, however: 1) any fees, charges and/or costs to access and utilize the Tesla Superchargers shall be your responsibility; 2) any Tesla “idle fees”, as defined and charged by Tesla, shall be your responsibility (see Tesla’s website for details https://www.tesla.com/support/supercharger-idle-fee); and 3) the provisions of “Battery Charging Levels at Vehicle Return” shall continue to apply to you.

These are fair terms, because they’re essentially Tesla terms 101.

TESLA VEHICLES MAY NOT BE WASHED AT AN AUTOMATIC CAR WASH. ANY DAMAGE CAUSED BY AN AUTOMATIC CAR WASH SHALL BE ASSESSED TO YOU PURSUANT TO THE “DAMAGE/LOSS TO THE CAR” PROVISIONS OF YOUR RENTAL TERMS AND WILL NOT BE COVERED BY LDW.

I love the bold capital letters for the CAR WASH RULES. One can take Teslas through car washes, but only in touchless car washes. Teslas have Car Wash Mode.

Maybe Avis decided that putting its Teslas into Car Wash Mode is too complicated for its customers and too much like hard work for its reps to explain how to use the feature to every EV renter? It’s never occurred to me to take a rental car to a car wash, but I’m not fastidious with my cars. I’d love to hear your thoughts on this car wash thing in the comments below.

Photo: Tesla


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‘A real wildcard’: World’s largest wealth fund issues inflation warning on hot commodity markets

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‘A real wildcard’: World’s largest wealth fund issues inflation warning on hot commodity markets

Nicolai Tangen, chief executive officer of Norges Bank Investment Management, during a news conference in Oslo, Norway, on Tuesday, Jan. 30, 2024.

Bloomberg | Bloomberg | Getty Images

The chief executive of the world’s largest wealth fund says there are many wild cards in financial markets right now, but the “big worry” for investors is what a commodities rally could mean for the inflation outlook.

Nicolai Tangen, CEO of the Norges Bank Investment Management (NBIM), told CNBC’s “Squawk Box Europe” on Tuesday that soaring energy and raw material prices could prove to be a significant headache for major central banks as they continue to fight inflation.

As of Tuesday afternoon, the S&P GSCI, a benchmark index that tracks the performance of global commodities, had jumped 9% since the start of the year, outpacing the broad S&P 500 index.

Oil and copper prices have climbed around 13%, respectively, year-to-date, while gold has repeatedly notched fresh record highs in recent months.

Asked whether he had any concerns about hot commodity markets, NBIM’s Tangen replied, “Yes, the big worry is just what that could mean for inflation right?”

He added, “So, if energy and raw material prices continue to move up, that is going to feed through to end-product prices, which are going to be higher. And that could be the real wildcard when it comes to inflation expectation.”

'Clearly a lot of froth' in the tech sector right now, says the CEO of the world’s largest wealth fund

NBIM manages the so-called Norwegian Government Pension Fund Global. The world’s largest sovereign wealth fund, which was valued at 17.7 trillion kroner ($1.6 trillion) at the end of March, was established in the 1990s to invest the surplus revenues of Norway’s oil and gas sector.

To date, the fund has put money in more than 8,800 companies in over 70 countries around the world, making it one of the largest investors across the globe.

Fewer rate cuts

European Central Bank President Christine Lagarde had also signaled the impact of commodity prices last week, in the broader context of the institutions next monetary policy steps. She said the central bank remains on course to cut rates, barring any major shocks — but stressed that the ECB would need to be “extremely attentive” to commodity price movements.

“Clearly on energy and on food, it has a direct and rapid impact,” Lagarde said.

Euro zone inflation slowed by more than expected to 2.4% March, bolstering expectations of a near-term rate cut. Market pricing for interest rate cuts, which has been highly volatile in recent weeks, now also points to the ECB appearing set to ease monetary policy before the U.S. Federal Reserve.

With most readings putting U.S. inflation at around 3% and not moving appreciably for several months, traders on Tuesday afternoon were pricing in a 13% chance of a U.S. rate cut in June, according to the CME Group’s FedWatch tool. That’s down from nearly 70% last month.

A worker supervises the furnace in the foundry at the ZiJIn Serbia Copper plant in Bor, Serbia, on Thursday, April 18, 2024. Copper prices have rallied recently, driven by an improving outlook for global manufacturing and mine disruptions.

Bloomberg | Bloomberg | Getty Images

Tangen said Norway’s wealth fund continued to believe it would be “tough” for central banks to get inflation down toward target levels, and major central banks would move differently, depending on local inflationary pressures.

Acknowledging multiple factors that now underpin inflation, Tangen said, “You have some of the geopolitical tensions, you have near-shoring, you have the climate effect on food through the world’s harvest, you’ve got some changes in trading routes and so on, and wage inflation is also higher than perhaps we had expected.”

He added, “We are expecting fewer rate cuts than the market did, of course, earlier in the year. I have to say my surprise is that the market has taken it so well. I would have expected the market to have reacted more negatively to this postponement of interest rate cuts.”

— CNBC’s Jeff Cox contributed to this report.

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Mercedes unveils 2025 electric G-Class, with 4 motors and tank turns

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Mercedes unveils 2025 electric G-Class, with 4 motors and tank turns

Mercedes unveiled its 2025 electric G-Class tonight – which it’s calling the “G580 with EQ technology” – in Beverly Hills, CA, and we’re here at the reveal with all the details.

Mercedes first surprised us with its “EQG” concept at IAA in 2021. Now it’s heading to production, but with a somewhat more plain name.

At the time we had almost no details, but now we’re learning all about the upcoming electric off-roader here in the wilds of… Beverly Hills, California.

So, maybe no heavy off-roading demonstrations are in the cards for today.

But the electric G-Class does have off-roading chops. It comes with 4 independent electric motors putting out a combined 579hp and 879 lb-ft of torque. Each motor has its own 2-speed transmission, giving access to a low-gear with 2:1 gear reduction for off-roading, and the 4 independent motors mean the car can vector torque to whichever wheels need it – even better than a locking differential.

4 wheel motors also means the G580 will be capable of what Mercedes calls G-Turn, its branding of what we’ve previously seen referred to as “tank turn” when Rivian was working on it (but later abandoned and pivoted to “front dig mode” instead). This means it will be able to do 2 full rotations on the spot by spinning the wheels on the left and right sides of the car in opposite directions at once.

However, this feature is more of a toy, just for fun. Mercedes also has a G-steering feature, which is sort of a mini-version of the G-turn, which will help you make extremely tight turns by activating torque vectoring to help make tight turns (though unlike the EQS, it doesn’t have rear-wheel steering).

The G580 can climb up to a 100% (45º) grade and hold stable on lateral slopes of up to 35º, ford 33.5 inches of water (6 inches deeper than the gas version), with 9.8 inches of ground clearance, a 32º approach angle, 30.7º departure angle and 20.3º breakover angle, with independent double wishbone suspension in the front and a solid de Dion axle in the rear.

To help you see where you’re going, the G580 has a “transparent hood” feature, which uses a camera to show what’s in front of and under the car on the internal display. This is important for off-roading, because if you’re going over a ridge or something and can’t see under the hood, the transparent hood can help you see where you’re going.

But it’s also a Mercedes, which means it’s fancy inside. And the 2025 model will be particularly fancy, as it’s only available in EDITION ONE trim with lots of exclusive interior and exterior touches. But you’ll be able to customize the car basically any way you want through Mercedes’ MANUFAKTUR car customization process.

So whether you’re conquering a real jungle or just the concrete jungle of… Rodeo Drive, or Las Vegas for the latest cryptocurrency convention, you’ll feel right at home in the Mercedes G-Class.

That fanciness is certainly needed to justify its price, which Mercedes hasn’t yet released, but said that it will be “in the ballpark” of the G63 (which starts at around $180,000).

The G580 is smaller than the the gas-powered G-Class. At 182″ it’s about 10 inches less long, but just as tall (78″) and as wide (76″). It shares the same 113.8in wheelbase as the gas model.

Otherwise, the exterior shares the boxy design of the gas version. Unlike many EVs, it doesn’t adopt a particularly curvy exterior, and still has a textured grille area.

The decision to stick with a traditional-looking grille goes hand in hand with Mercedes’ recent decision to add a “more classic grille option” to its EQS. And it turns out, if you want the G580 with the traditional G-Class grille, you can just get the standard grille, directly from the gas version, if you prefer it (but then you don’t get those cool lights).

And overall, Mercedes said it was very important to maintain the overall design of the G-Class. So it hasn’t tweaked it to make it look electric, other than some grille modifications and a couple aero bits.

Mercedes says the vehicle has “optimized aerodynamics,” which was surely a primary design intent of this vehicle that consists solely of straight lines. But actually, there have been a couple small changes, like a slightly modified A-pillar and a strip above the windshield to smooth out the front edge of the roof.

As for details on its electric drive capabilities, the aforementioned 4 motors can sprint to 60mph in an estimated 4.6 seconds, and reach a top speed of 112mph/180kmh. These aren’t the fastest numbers out there, but the car isn’t meant to be a racecar – Mercedes could have gone with a bigger battery, or more power, but that would have meant other compromises elsewhere, and Mercedes said that it was far more important to focus on the total package.

Mercedes hasn’t told us a range number yet, but with a 116kWh battery and a face that’s even flatter than its electric-triangle-on-wheels competition, we can imagine its somewhere in the mid-200s. It’s 473km on WLTP, which is 293mi, but WLTP is a little more lenient than EPA numbers.

More importantly than overall range, Mercedes says the G-Class will DC charge from 10-80% in 32 minutes, with a 200kW peak charging rate (and an 11kW AC charge rate). That maths out to an average charge rate of approximately 150kW on DC over the full session, which is pretty reasonable.

Given the car’s massive 116kWh (usable) battery, it still doesn’t charge nearly as fast as a Hyundai/Kia E-GMP car, but it’s still quite good compared to other chunky EVs (the G580 weighs ~6,800lbs/3,805kg, with a GVWR of exactly 3,500kg – the maximum allowed by German law).

The G580 comes with 5 regenerative braking settings, including Mercedes “D-auto” setting, where the car intelligently decides to apply regenerative braking based on traffic conditions (we recently tried this setting on the eSprinter, but struggled to find a situation where it would be useful). Regen activates off-throttle, suggesting the possibility of one-pedal driving, but we haven’t had a chance to try it out and see if its max 217kW regen braking capacity is really strong enough to avoid most brake pedal usage.

For a final cool electric touch, the car has done something new with its iconic rear end. In place of the spare tire carrier that typically adorns the backside of the G-Class, there’s an optional compartment which can be used to store charging cables or the like. You can still opt for the spare tire, too, but I really like the charging box.

Electrek’s Take

Look, this is a G-Class. It’s a statement car, it’s an image car. If you like it, you know that you like it. For the majority of drivers, its off-road capabilities really won’t matter all that much.

What matters here is whether it stays true to the G-Class, and as far as we can tell, it does. It looks like a G-Class and it feels like a G-Class. The doors thunk closed like a G-Class.

And an important note – Mercedes said, “if the G can go electric, any car can go electric.” We, of course, agree. This is a car that has been defined in many ways by excess, with the gas version getting just 14 miles per gallon. And yet here it is, in electric trim, with a huge battery (but not out of line with other huge EVs), beating the gas version’s performance both on- and off-road.

As for the name – while “G580 with EQ technology” is a bit of a mouthful, I actually like the simple designation “G580.” Surely people will refer to it as “the electric G-Class” or the like, but by giving the car a regular model name, Mercedes is saying that it’s treating the car like a regular car.

Instead of siloing EVs into their own sub-brand, Mercedes is saying that this is a G-Class, and if you want a G-Class, this is a G-Class. Mercedes was clear that this is not a rational vehicle, that its customers don’t need a G-Class, they want a G-Class.

So there you go. If you want a G-Class, this is a G-Class.

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Daily EV Recap: Tesla Self-Driving Homicide

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Daily EV Recap: Tesla Self-Driving Homicide

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Daily EV Recap: Tesla Self-Driving Homicide

Listen to a recap of the top stories of the day from Electrek. Quick Charge is now available on Apple PodcastsSpotifyTuneIn and our RSS feed for Overcast and other podcast players.

New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee new episodes are delivered as soon as they’re available.

Stories we discuss in this episode (with links):

Tesla driver arrested for homicide after running over motorcyclist on Autopilot

Tesla officially unveils new Model 3 Performance with 0-60 mph in 2.9 sec

Arres Prevent robot uses advanced AI to fight potholes

Allye Energy wants to power your job site with used Land Rover batteries

Tesla skirts Austin’s environmental rules at Texas gigafactory

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Drop us a line at tips@electrek.co. You can also rate us in Apple Podcasts or recommend us in Overcast to help more people discover the show!

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Daily EV Recap: Tesla Self-Driving Homicide

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