Hertz orders 100,000 Teslas in largest-ever order for the electric car manufacturer

The rental car company says 20% of its cars will be electric by 2023, with Tesla's Model 3s available starting next month

Hertz, the global rental car company, has ordered 100,000 Tesla vehicles in a deal worth $4.2bn to the leading electric vehicle manufacturer that represents the first effort by the rental giants to electrify their fleets.

The Tesla Model 3 sedans will be delivered over the next 14 months, and will be available to rent from Hertz in the US and parts of Europe from next month, the rental company said in a statement.