Article 63Y00 Hertz to Purchase 175,000 General Motors EVs Over the Next Five Years

Hertz to Purchase 175,000 General Motors EVs Over the Next Five Years

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upstart writes:

Hertz to purchase 175,000 General Motors EVs over the next five years:

Hertz is once again growing its EV fleet, announcing Tuesday that it has struck a deal with General Motors to purchase 175,000 electric vehicles from the automaker's Chevrolet, Buick, GMC, Cadillac and BrightDrop brands over the next five years. Customers will see the first offerings, namely the Chevrolet Bolt EV and Bolt EUV, arrive on Hertz lots beginning in the first quarter next year.

The deal, which runs through 2027, will bring a wide variety of models to Hertz's growing EV herd. Between now and 2027, the rental company expects its customers to drive about 8 billion miles in said EVs, preventing an estimated 3.5 million metric tons of carbon dioxide from being released. Hertz plans to convert a quarter of its rental fleet to battery electric by 2024.

[...] For folks who are already in line, having ordered a GM EV and are waiting on delivery, don't fret. This deal with Hertz shouldn't impact your existing delivery date. "Our first priority is delivering vehicles to customers holding reservations," a GM rep told Engadget via email Tuesday. "GM is installing capacity to meet demand from all customers, with annual capacity in North America rising to more than one million units in 2025."

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