Car rental company Hertz (HTZ) missed Q4 earnings expectations, blaming “headwinds” with its EV fleet. Hertz believes reducing the number of EVs in its fleet will improve profitability.
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Polestar (PSNY) shares are falling Monday after car rental giant Hertz (HTZ) announced plans to delay buying its EVs this year.
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Hertz announced that it will invest some of the proceeds from selling its Tesla vehicles back into internal combustion engine vehicles.
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DC fast charging network EVgo has announced a new deal with rental car company Hertz that offers drivers renting an electric car from any Hertz location in the US with discounts on charging for a year, with no subscription or session fees. EVgo is also following in Tesla’s footsteps and building prefabricated models for its charging sites.
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Hertz announced today that it plans to add up to 6,000 rental EVs to its existing fleet in Orlando for leisure and business customers, as well as rideshare drivers.
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Car rental giant Hertz (HTZ) ended the first quarter with 50,000 EVs in its fleet, accounting for 10% of its total vehicles. In Q1, Hertz credited its electrification strategy for the company’s growth and positive outlook for the remainder of the year.
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Hertz is rolling out its EV fleets to cities across the US in a program called Hertz Electrifies, and it’s chosen Atlanta as its latest city.
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Hertz disclosed that it took delivery of only half its massive Tesla order of 100,000 electric cars. However, the numbers don’t add up.
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Hertz is rolling out its EV fleet to cities across the US in a program called Hertz Electrifies, and it’s kicking off in Denver.
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Hertz and Uber announced today that they are expanding their partnership to electrify their fleets, and they are deploying 25,000 electric cars in Europe.
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Bp Pulse, the global oil leader’s charging infrastructure unit, is teaming up with Hertz to build a network of EV fast chargers in high-demand locations such as airports. The project aims to accelerate EV adoption by providing charging solutions where they are most needed.
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After its massive order of Tesla vehicles, Hertz now announces another huge order of electric vehicles, this time for 175,000 EVs from GM.
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Tesla vehicles are increasing Hertz’s customer satisfaction as the company gets better use of electric vehicles. The rental car company is also adding more EVs to its fleet.
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Uber announced that 15,000 Tesla vehicles are already in the hands of its drivers in more than 30 US cities through its deal with Hertz to expand access to electric vehicles.
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Fresh off its order of 100,000 Tesla vehicles, Hertz announces that it is growing its EV fleet with a new order of up to 65,000 electric vehicles from Polestar.
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Hertz has decided to add Tesla Model Y to its growing electric vehicle fleet after announcing a deal to buy 100,000 Model 3 vehicles last year.
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Tesla and Hertz are reportedly in the middle of a disagreement over how fast the former can deliver the 100,000 electric cars that the rental company ordered.
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Hertz CEO Mark Fields revealed that its deal to supply Tesla vehicles to Uber includes an option for 100,000 more Tesla Model 3s, which would double its total order to 200,000 vehicles.
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Uber announced a deal with Hertz for its drivers to have access to 50,000 Tesla vehicles through the rental company.
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