Rental car company Hertz has announced a new initiative to help make electric vehicles more accessible and be a frontrunner with helping to shift personal transportation cars to emissions-free alternatives. The brand has announced an order it placed for 100,000 Tesla electric vehicles that it will add to their new fleet, which will be arriving before the end of 2022. This will reportedly be the largest fleet of electric vehicles in the US.
Hertz Interim CEO Mark Fields spoke on the company's latest electric vehicle order saying, "Electric vehicles are now mainstream, and we’ve only just begun to see rising global demand and interest. The new Hertz is going to lead the way as a mobility company, starting with the largest EV rental fleet in North America and a commitment to grow our EV fleet and provide the best rental and recharging experience for leisure and business customers around the world."
Electric Rental Car Initiatives
Hertz Will Add 100,000 Tesla Electric Cars to its Fleet
Trend Themes
1. Electric Vehicle Adoption - The increasing adoption of electric vehicles is creating opportunities for companies to invest in providing EV-related services and products.
2. Sustainable Transport Solutions - Companies that offer sustainable transport solutions, such as electric vehicle rental services, are poised to disrupt the traditional car rental industry.
3. Partnerships with EV Manufacturers - Rental car companies could benefit from partnering with EV manufacturers to offer exclusive EV rental options and expand their offerings to appeal to a wider audience.
Industry Implications
1. Car Rental Industry - The traditional car rental industry is undergoing disruption with the increasing demand for sustainable transport solutions and electric vehicle rentals.
2. Electric Vehicle Manufacturing Industry - The increasing demand for EVs presents an opportunity for manufacturers to partner with rental car companies and increase their market share.
3. Electric Vehicle Charging Infrastructure Industry - The increasing adoption of electric vehicles is driving demand for EV charging infrastructure, creating opportunities for companies to invest in this growing industry.