Hertz and General Motors today announced an agreement in which the car rental giant plans to order up to 175,000 electric vehicles from almost all of the automaker's brands over the next five years.
Hertz said it would buy EVs from the Chevrolet, Buick, GMC, Cadillac and BrightDrop brands, with the plan being billed as the largest expansion of EVs among fleet customers and the broadest because of the wide range of vehicle categories and price points involved—from compact and midsize SUVs to pickups, luxury vehicles and delivery vans.
Over this period, Hertz estimates that its customers could travel more than 8 billion miles in these EVs, which would save approximately 3.5 million metric tons of carbon dioxide equivalent emissions compared to similar gasoline-powered vehicles traveling the same distance. "Our work with Hertz is a huge step forward for emissions reduction and EV adoption that will help create thousands of new EV customers for GM. With the vehicle choice, technology and driving range we're delivering, I'm confident that each rental experience will further increase purchase consideration for our products and drive growth for our company.
"We are thrilled to partner with GM on this initiative, which will dramatically expand our EV offering to Hertz customers, including leisure and business travelers, rideshare drivers and corporates."
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