The car rental giant is running into some realities about its electric vehicles prompting a "not so fast" approach to fleet electrification.
The most powerful electric vehicle charging facility near Los Angeles International Airport equips its operations to handle demand from the rental car company that runs the most electric vehicles.
The car rental operator plans to install a national network of EV charging solutions for Hertz, its customers, and the public, powered by BP Pulse.
The tally more than doubles last year's comparable period. Orders for Polestars have more than tripled to nearly 23,000 in the same period.
Hertz’s massive EV rental initiative will have impacts in the corporate and B2B sectors. It will also provide a hedge against supply shortages and deflated pricing, whenever that comes. But blazing a trail is never easy.
These 10 trendlines in electrification, mobility, and transportation tech bring promise to revolutionize fleets. Some may come to fruition next year, while others will only start to germinate.
With Hertz’s agreement to rent Teslas to Uber drivers, Hertz feels that renting to an indirect and growing competitor is a good move. Can Hertz and traditional rental companies improve their service levels to compete with Uber and Lyft?
There will be short-term impacts to the TNC model and long-term implications to our autonomous future. How will this work operationally?
With an order of 100,000 Model 3s by 2022, Tesla is now on par — or even surpassing — Hertz’s previous number one supplier. Can Hertz get the infrastructure in place to support this timeline?
In the blink of an eye, car rental is now the largest fleet buyer of electric vehicles. Tesla Model 3 rentals to begin in November.
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