General Motors supplies Hertz North America with 175,000 electric cars

General Motors supplies Hertz North America with 175,000 electric cars

Rental car giant Hertz has partnered with General Motors to get 175,000 electric cars in North America over the next five years – and has set a goal for zero-emission vehicles to make up a quarter of its fleet by 2024.

US rental car giant Hertz has announced plans to add 175,000 General Motors electric vehicles to its zero-emission fleet over the next five years.

Beginning in the first half of 2023, Chevrolet – a subsidiary of General Motors (GM) – will supply Hertz’s North American arm with its Bolt EV models.

Last year, the Chevrolet Bolt accounted for a majority of GM’s 25,000 electric car sales in the US – but the auto giant has ambitions to produce 1 million zero-emission vehicles by the end of 2025.

The Hertz deal includes vehicles from GM’s Buick, Cadillac and GMC brands – all of which have plans to introduce new electric models within the next two years.

“Our work with Hertz is a major step forward in emission reduction and electric vehicle (EV) adoption, which will help attract thousands of new EV customers to GM,” GM CEO Mary Barra said in a statement to the media.

“With the vehicle choices, technology and reach we offer, I am confident that each rental experience will continue to increase consideration for our products and fuel the growth of our business.”

Hertz — which filed for bankruptcy in 2020 after racking up $20 million (AU$30 million) in debt amid the COVID-19 pandemic — claimed a quarter of its North American fleet will be electric by the end of 2024.

The rental car company didn’t get a fleet rebate from Tesla, resulting in a deal worth around US$5 billion (AU$7.5 billion).

In April this year, Chinese-owned electric car company Polestar announced it had signed a five-year deal with Hertz for 65,000 vehicles.

The global launch started this year with the Polestar 2 electric car, which is set to expand in the coming years as more Polestar models are introduced.

“It’s exciting that two iconic American companies that have shaped the evolution of transportation for more than a century are coming together to redefine the future of mobility in the 21st century,” Hertz CEO Stephen Scherr said in a media statement .

“We are very excited to be working with GM on this initiative, which will dramatically expand our electric vehicle offering for Hertz customers, including leisure, business, rideshare and corporate travelers.”

Hertz isn’t the only company renting electric vehicles in the US – established brands like Avis, Europcar and Alamo offer rental cars, including the Nissan Leaf, Kia Niro EV and Hyundai Kona Electric.

In Australia, Hertz’s electric car fleet includes the Tesla Model 3 and Polestar 2.

As previously reported, Hertz is one of many rental car companies offering electric vehicles to customers in Australia.

In April 2021, Europcar Australia added the MG ZS EV to its fleet – the cheapest local electric car at the time, with a departure price of US$44,990.

Earlier this month, NRMA-owned rental company Sixt Australia – formerly known as Thrifty – announced a partnership with BMW to receive 100 examples of the iX3 electric SUV, which will be sold alongside the MG ZS EV, Hyundai Ioniq, Hyundai Kona Electric and Tesla Model can be rented 3.

Though not a rental car company, utility provider AGL offers the Nissan Leaf, Hyundai Ioniq and Mini Electric through a subscription service that allows its customers to try out the electric cars for a week.

Australian carsharing start-up Evee allows users to rent or lease electric cars directly from their owners, similar to Airbnb’s business model.

Jordan Mulach

Jordan Mulach was born in Canberra/Ngunnawal and currently resides in Brisbane/Turrbal. Jordan joined the Drive team in 2022 and has previously worked for Auto Action, MotorsportM8, The Supercars Collective and TouringCarTimes, WhichCar, Wheels, Motor and Street Machine. A self-proclaimed iRacing addict, Jordan finds himself either behind the wheel of his Octavia RS or berating his ZH Fairlane over the weekend.

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