Connect with us

Hertz Announces Plans to Buy 100,000 Teslas


Source: Hertz

In an effort to pivot more towards electric vehicles, rental car company Hertz has revealed they plan to purchase 100,000 Teslas.


According to USA Today, the Hertz Tesla deal is worth approximately $4.2 billion and will see Hertz install thousands of electric charging stations at its locations.

It’s a bold move for Hertz after being forced to file for Chapter 11 bankruptcy protection during the early days of the coronavirus pandemic, which also saw rental car companies selling off large portions of their fleets as travel came to a grinding halt.

But with travel once again rebounding, the demand for rental cars has exploded.

“It’s just the start for Hertz,” Hertz interim CEO Mark Fields told USA Today. “We’re very much now looking to the future.”

According to USA Today, Hertz said the Tesla Model 3 compact cars will be available for rent in major markets and select European cities beginning early November. By the end of 2022, it is expected Tesla will make up one in five Hertz rental vehicles worldwide.

Continue Reading

Bonvoyaged.com
Bon Voyaged provides our community with the latest trending travel entertainment news and insight on the best destinations to visit around the world. We explore insider tips on the top places to stay, the best restaurants to enjoy, the hottest shopping experiences to visit and coolest things to do when traveling the globe. We're inspired by exploring new adventures and can't wait to share all of our exciting deals, guides and reviews to help you live your travel life to the fullest.
ADVERTISEMENT

Bon Voyaged provides our community with the latest trending travel entertainment news and insight on the best destinations to visit around the world.
ADVERTISEMENT
To Top