Hertz is Giving Drivers Thousands off Slightly Used EVs
American car rental company Hertz made a big bet on electric vehicles in 2021, buying up 100,000 Tesla Model 3s for $4.2 billion, along with other EVs. That bet has not paid off for the company, but it could still…
What Rental Fleet EV Selloff Says About Future of Electrification
The recent announcement by Hertz to sell off 20,000 electric vehicles, about a third of its EV rental fleet, has sparked a significant conversation about the state of electric vehicle (EV) adoption in the rental market, according to Bluedot, an…
Hertz Will Shrink Electric Fleet After Being Burned by Tesla’s Price Cuts
The rental car company Hertz will be selling about one-third of the electric vehicles in its fleet after they lost value more quickly than expected, the company said on Thursday. The drop in value is a blow to the company’s…
Hertz Is Selling EV Rentals All Wrong
Hertz got huge publicity announcing an order two years ago for 100,000 Teslas. Since then they’ve taken on other electric vehicles as well. The problem, though, is that people aren’t reserving them. I regularly search car rentals and find that…
Zeem Solutions to Provide Hertz Electric Vehicle Charging at Los Angeles International Airport
Zeem Solutions (“Zeem” or the “Company”), an electric vehicle (EV) transportation as a service company, has announced a partnership with Hertz to provide fast charging and other services for the rental company’s fleet of EVs at Los Angeles International Airport (LAX). “Supplying charging…
Hertz Kicks Off One of the Country’s Largest EV Test Drives
Hertz is giving Americans the opportunity to experience an electric vehicle by hosting one of the largest-ever EV test drives in the country. Today, Hertz customers and rideshare drivers will have the chance to test drive an EV at the Hertz…
Over 75% of People in the US Would Consider Renting an EV as a Test Drive
Electric vehicle sales are booming, with EVs representing more than 7% of all new light vehicles registered in the US in January. That’s a 74% increase from just a year ago, according to data from Experian. But many people in the US…