Rental car giant Hertz has announced a new partnership with GM to put 175,000 new electric vehicles on its rental lots through 2027.
General Motors will sell Hertz EVs from its core brands – Chevrolet, Buick, GMC, and Cadillac – as well as its electric commercial vehicle division, BrightDrop. GM and Hertz are selling this as the largest expansion of EVs to fleet customers, with Hertz proudly taking the lead in providing all-electric rental options to its customers. Customers will have the option to choose between economy, truck, luxury, and even delivery van EV rental options with this deal. According to Hertz, the 5-year deal could see customers traveling a cumulative 8 billion gas-free miles in this timeframe.
“Our work with Hertz is a huge step forward for emissions reduction and EV adoption that will help create thousands of new EV customers for GM. With the vehicle choice, technology and driving range we’re delivering, I’m confident that each rental experience will further increase purchase consideration for our products and drive growth for our company.”
GM Chair and CEO Mary Barra
General Motors has always been a big player in the rental market, which has the effect of boosting sales numbers but reducing resale value. Now usually that would be seen as a bad thing – however, in this case, GM is hoping to drive customers into EVs as a short-term rental option, giving them a chance to experience these vehicles firsthand. That COULD help drive sales, and at the very least, it will quickly add to the EV used car market, giving secondhand buyers a chance to get into the e-mobility game.
SOURCE | IMAGE: HERTZ.
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