Hertz Added EV Rentals And Went From Bankruptcy To Huge Profits

It wasn't that long ago that rental car company Hertz went bankrupt. It also wasn't that long ago that Hertz hired Tom Brady to promote the fact that it had placed an order for 100,000 Tesla EVs to rent to customers across the globe. Now, it's back to making notable profits.

Since ramping up its EV offerings, Hertz has enjoyed a 12 percent increase in annual profits. While you may be thinking this spike in revenue is due to the fact that EVs are growing in popularity and causing Hertz's rentals to skyrocket, that's not the whole story. Sure, Hertz is having much more rental success than it was not long ago, and business is way up compared to pandemic levels, but the real kicker here comes from the cost savings.

Are they still insisting you have two credit cards to hire an EV?

I’m sure they helped EV adoption

They use tesla and palantir

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Uber drivers in Europe can now rent Tesla and Polestar vehicles through Hertz partnershipDrivers can rent EVs through Hertz at special rates. Pushing commercial vehicles to ElectricVehicles should be number 1 priority cause they have more daily mileage and would drastically help in actually reducing emissions... Take $CENN for example, they are making an EV for every market segment!!
Source: verge - 🏆 94. / 67 Read more »