Hertz Lease Fleet Adds 175,000 GM Electric Vehicles

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  • Over the next five years, Hertz will add approximately 175,000 General Motors EVs—from the Chevrolet Bolt EV crossover to BrightDrop commercial trucks—to its rental fleet in a program that begins in early 2023 and runs through 2027.
  • The rental car giant plans to “create the largest rental EV fleet in North America” ​​by planting tons of EVs in 500 locations in 38 states.
  • The first is the Bolt EV and EUV models which will become available for rent in early 2023, Hertz said in a statement, and the ultimate goal is for 25 percent of Hertz’s total fleet to be electric by the end of 2024.

Car rental giant Hertz has announced that it will begin acquiring a large number of General Motors electric vehicles with the aim of eventually offering an EV selection across the rental car range, from low-end models to luxury models. The aggressive program involves the purchase of 175,000 vehicles, starting early next year with the Chevrolet Bolt EV and EUV models.

After nearly dying and filing for bankruptcy, Hertz is now betting on EVs as a way forward. The company has revitalized its lineup with an option last fall to buy 100,000 Tesla and supply Uber with a Tesla Model 3 EV.

For now, Teslas are available in limited quantities airport location in larger population areas, but the rental company intends to expand beyond that, aiming to have a quarter of its fleet as EVs within the next two years.

While Hertz only specifically refers to the Bolt crossover, an informational video released on social media today shows the Chevrolet Equinox and Blazer EVs as well, and its press material refers to Buick, Cadillac, GMC, and BrightDrop models being part of the planned purchase. .

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