Article 68NHD Hertz wanted 100,000 Teslas by the end of 2022; it has fewer than 50,000

Hertz wanted 100,000 Teslas by the end of 2022; it has fewer than 50,000

by
Jonathan M. Gitlin
from Ars Technica - All content on (#68NHD)
hertz-tesla-800x533.jpg

Enlarge (credit: Hertz)

In 2021, after the pandemic destroyed its business and forced it into bankruptcy, Hertz unveiled a bold new plan to add hundreds of thousands of new electric vehicles to its fleet. In October 2021, the rental car company announced it would add 100,000 Tesla Model 3s and Model Ys to its fleet by the end of 2022, the first of several EV purchase announcements.

But the company's recently filed annual financial results show that it fell well short of its goal to have Teslas comprise 20 percent of its rental fleet by the end of 2022. Hertz's North American fleet peaked at 428,700 vehicles in 2022, and while it added EVs to the mix, by year's end Tesla only represented 9 percent of the overall fleet and 11 percent of the North American fleet, suggesting fewer than half of the 100,000 Model 3s have been delivered.

That said, a quick check on Hertz's booking site shows plenty of Teslas available to rent here in Washington, DC, and Hertz says that it has EVs for rent at 500 locations in 38 states.

Read 3 remaining paragraphs | Comments

External Content
Source RSS or Atom Feed
Feed Location http://feeds.arstechnica.com/arstechnica/index
Feed Title Ars Technica - All content
Feed Link https://arstechnica.com/
Reply 0 comments