Hertz is buying up to 175,000 electric vehicles from GM

1 week ago 20

(CNN Business)Hertz has agreed to acquisition up to 175,000 electrical vehicles from General Motors implicit the adjacent 5 years. This follows earlier announcements that Hertz would bargain 100,000 electrical cars from Tesla and different 65,000 from the Volvo spin-off marque Polestar.

Hertz plans to acquisition vehicles from each 4 of GM's North American rider conveyance brands — Chevrolet, Buick, GMC, and Cadillac. The purchases volition see a assortment of conveyance types and classes specified arsenic tiny and mid-size SUVs, cars, and pickup trucks. Most of these models are not yet successful production, but GM has precocious started accumulation of the Cadillac Lyriq electrical SUV and the GMC Hummer EV electrical truck. Three caller electrical Chevrolet models person besides been unveiled this year: The Chevrolet Silverado pickup, Blazer EV SUV and Equinox EV SUV are expected to spell connected merchantability adjacent year.

Hertz whitethorn besides bring GM's Brightdrop transportation vans into its rental fleet.

    Hertz's planned acquisition  of electrical  vehicles from GM would see  vehicles similar  the Chevrolet Blazer EV.

    Hertz volition instrumentality transportation of the archetypal GM electrical vehicles — Chevrolet Bolt EV and EUV hatchbacks and crossovers — aboriginal adjacent year. After that, GM's electrical conveyance deliveries to Hertz volition summation arsenic the automaker's accumulation of electrical vehicles ramps up. GM expects to beryllium capable to nutrient arsenic galore arsenic a cardinal electrical vehicles annually successful North America by 2025.

      Hertz Global Holdings operates the Dollar and Thrifty rental car brands arsenic good arsenic Hertz. These GM vehicles volition beryllium going lone into the Hertz rental fleet successful North America. A Hertz spokesperson declined to accidental however ample the North American Hertz rental fleet presently is. There are 500 Hertz rental locations dispersed crossed 38 US states, the institution said.

        GM has said it plans to merchantability lone zero-emission vehicles, which could see hydrogen-powered vehicles arsenic good arsenic battery-powered vehicles, by 2035.

        Hertz, meanwhile, is readying for a 4th of its full rental fleet to beryllium electrical by 2024.

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