Hertz orders 100,000 Tesla electric autos

Hertz announced Monday an bid to bargain 100,000 autos from Tesla by the extremity of 2022 successful the latest clasp of electrical car exertion by the car industry.

The car rental giant, which emerged from a bankruptcy reorganization earlier this year, said the electric vehicles (EV) would beryllium disposable "in US large markets and prime cities successful Europe" opening successful aboriginal November, according to a Hertz property release.

Hertz is besides installing EV charging stations astatine its locations.

"Electric vehicles are present mainstream, and we've lone conscionable begun to spot rising global demand and interest," said interim Hertz Chief Executive Mark Fields.

"The caller Hertz is going to pb the mode arsenic a mobility company, starting with the largest EV rental fleet successful North America and a committedness to turn our EV fleet."

Hertz exited the US Chapter 11 bankruptcy process successful June, a small much than a twelvemonth aft filing to reorganize its finances arsenic the coronavirus pandemic devastated the question industry.

However, with the global economy reopening successful the aftermath of Covid-19 vaccines, the car rental marketplace has revived and rental companies are renewing their fleets.

Led by Elon Musk, Tesla has been ramping up accumulation rapidly by expanding output astatine existing factories and gathering caller plants successful Germany and the US authorities of Texas.

In the past year, accepted automakers similar General Motors and Volkswagen person besides announced important caller EV plans.

With the existent order, EVs volition comprise 20 percent of Hertz's planetary fleet. The institution volition person EV chargers successful astir 65 markets by the extremity of 2022 and much than 100 markets by the extremity of 2023, Hertz said.

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© 2021 AFP