Article originally published by Hertz.com. Car rental company Hertz Corp. announced today [10/25/2021] it will buy 100,000 electric vehicles from Tesla, making the Florida-based company the prospective owner of the largest EV rental fleet in North America…
In a press announcement, the company said it would buy the Tesla Model 3 cars by the end of 2022 and set up its own electric vehicle charging network. The company did not say how much it is prepared to invest in the venture, but the base price of a Model 3 is about $40,000, making the purchase worth at least an estimated $4 billion…
Betts said the Hertz venture could also lead to greater consumer adoption of EVs by exposing more drivers to the vehicle’s benefits…In fact, a Consumer Reports survey published last year found that seven in 10 adults in the U.S. with a valid driver’s license were interested in getting an EV. But that interest tripled for drivers who had had direct experience with one, whether that was driving an EV, riding in one or knowing someone who owns one. Read the article.