Teslarati

OCTOBER 26, 2023

Tesla’s price cuts throughout the third quarter provided challenges for rental company Hertz ( NASDAQ: HTZ ), who adopted the electric automaker’s vehicles in 2021 for its fleet. The swings in pricing hindered Hertz’s Q3 earnings report, as it missed profit estimates. I’d love to hear from you!

Price 144

Price Tesla Buy Fleet 144

Green Car Reports

OCTOBER 30, 2023

Hertz backs away from its ambitious EV plans. And Chevrolet Bolt EV owners have a new option to remedy their battery and their wallet. A concept EV challenges the notion that electric cars need four wheels, or even three. One company pushes ahead with plans for U.S.-made made solid-state cells. This and more, here at Green Car Reports.

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Electric Cars Cars Chevrolet Green Cars 153

Teslarati

JANUARY 11, 2024

Hertz announced on Thursday in a regulatory filing with the SEC that it has made a “strategic decision” to slash its electric vehicle fleet by 20,000 vehicles. In the filing , Hertz said the figure is roughly one-third of its global EV fleet. Hertz has health with a major decrease in the value of its EV fleet, it said.

Fleet 121

Fleet Tax Credit Tax Purchase 121

Teslarati

FEBRUARY 5, 2024

Rental car company Hertz recently announced plans to slow down its electrification strategy by selling off some electric vehicles (EVs), and now the company has halted its plans to purchase EVs from the Polestar. Hertz is set to report its earnings on Tuesday.

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Purchase Volvo Fleet Sale 108

Green Car Reports

SEPTEMBER 28, 2022

And how will all those Hertz rental EVs stay charged? BP will help keep the tens of thousands of Hertz rental EVs from Tesla, GM, Polestar, and other brands smartly charged, the companies announced. California considers banning sales of diesel semis by 2040. Seoul thinks big about urban EV charging needs.

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California Diesel Green Cars GM 151

Electrek

JANUARY 10, 2024

Hertz is starting to sell some of its Tesla Model 3s and they are going for pretty cheap – as low as $14,000 with the used EV tax credit. more… The post Tesla Model 3s from Hertz are going for as low as $14,000 appeared first on Electrek.

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Tax Credit Cheap Tesla Tax 145

CleanTechnica EVs

OCTOBER 25, 2021

You may recall that Hertz went into bankrutpcy proceedings in mid-2020 due to the COVID pandemic and the resulting drop in economic activity. Hertz has ordered 100,000 Teslas, while also paying 7-time Super Bowl champ Tom Brady some enormous amount of money (I […]. A few months ago, it re-emerged.

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Tesla 2020 Electric Vehicles Electric Cars 145

Teslarati

APRIL 27, 2023

Hertz ( NASDAQ: HTZ ) reported an earnings beat today that its electric vehicle (EV) fleet adoption and expansion partially contributed to. Hertz beat consensus estimates of 21 cents by reporting an EPS of 39 cents per share. Hertz made plans to buy 175,000 EVs from GM in September 2022.

Fleet 140

Fleet GM Price Buy 140

Baua Electric

APRIL 25, 2024

“Fleet and direct operating costs weighed on this quarter’s performance,” said Hertz CEO Gil West, who took on the top job earlier this month. “Fleet and direct operating costs weighed on this quarter’s performance,” said Hertz CEO Gil West, who took on the top job earlier this month.

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Global Auto Florida Fleet 52

CleanTechnica EVs

MARCH 16, 2024

Before I get into the news, reviews, and writer rants, though, I have to note that we. continued] The post Cheap Electric Cars, Used Hertz EVs, Ford Supercharging — 15 Top CleanTechnica Stories appeared first on CleanTechnica.

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Cheap Ford Electric Cars Cars 97

Electrek

FEBRUARY 6, 2024

Car rental company Hertz (HTZ) missed Q4 earnings expectations, blaming “headwinds” with its EV fleet. Hertz believes reducing the number of EVs in its fleet will improve profitability.

Price 115

Price Fleet Companies Cars 115

Green Car Reports

JANUARY 20, 2023

Hertz has big plans to deploy EVs to U.S. Nikola is making hydrogen refueling mobile. And GM is considering a small electric truck. This and more, here at Green Car Reports. GM is considering the addition of a $30,000 compact electric pickup to its lineup. The project is reportedly part of a design-based project to examine future.

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GM Hydrogen Green Cars Cars 129

Green Car Reports

SEPTEMBER 22, 2022

And GM and Hertz are teaming up for more electric vehicles in the rental fleet. The rental-car giant Hertz plans to order 175,000 GM EVs over five years. Fisker chose Wallbox for home charging. Sono is applying its solar tech beyond its Euro-market Sion EV. This and more, here at Green Car Reports.

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Fisker GM Solar Cars 123

Teslarati

FEBRUARY 7, 2023

Hertz ( NASDAQ: HTZ ) has announced that it will continue rapidly electrifying its fleet of rental vehicles following its record earnings report for 2022. Hertz is a clear leader in electrification in the car rental market, and buyers have responded accordingly. On top of that, Hertz had a record GAAP net income of $2.1

Fleet 120

Fleet General Motors Purchase Companies 120

Electrek

JANUARY 11, 2024

Hertz announced that it will invest some of the proceeds from selling its Tesla vehicles back into internal combustion engine vehicles. more… The post Hertz says it will invest some of proceeds from selling Tesla cars back into gas cars appeared first on Electrek.

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Gas Cars Tesla International 130

The Truth About Cars

JANUARY 11, 2024

Companies often tout their green initiatives as a way to drum up new business, but the expensive reality of investing in EVs and other technologies isn’t always clear up front. Hertz found that out the hard way, as it aggressively invested in new EVs for its rental fleet a couple of years ago, only to begin selling them off in 2024.

Fleet 103

Fleet Tax Credit Tax Sale 103

Baua Electric

JANUARY 12, 2024

Hertz is selling its EVs for more gas vehicles. The rental-car giant Hertz has announced that it’s selling a third of its EV fleet —about 20,000 EVs, including some Teslas—to buy gasoline cars. Vinfast previews three EVs. And the first EV that goes completely by-wire has been U.S.-certified. This and more, here at Green Car Reports.

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Gasoline-Electric Las Vegas Gasoline Green Cars 52

Baua Electric

MARCH 18, 2024

Stephen Scherr, Chief Executive Officer New Delhi: Hertz Global Holdings Inc. ’s Cruise unit, set to join the board of directors on April 1, a global news organisation reported. ’s Cruise unit, set to join the board of directors on April 1, a global news organisation reported. and Avis Budget Group Inc.

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Auto Electric Vehicles Vehicles General Motors 52

Green Car Reports

MARCH 13, 2023

Hertz is pushing its EV expansion into oil country. An electric pickup is in the Mitsubishi product plan. We drive Lexus’ first electric vehicle for the U.S. And which states have the most registered EVs per capita? This and more, here at Green Car Reports. In a first drive of the 2023 Lexus RZ 450e, we found the first U.S.-bound

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Lexus Mitsubishi Houston Green Cars 111

Teslarati

MARCH 24, 2022

The Tesla Model Y has been added to Hertz’s fleet of rentable electric vehicles, joining its sibling vehicle, the Model 3. Hertz has already added the vehicle to its rentable electric vehicle page, but it does not appear to be available quite yet. . However, Hertz has not received its complete order as of yet.

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Fleet Tesla San Francisco Los Angeles 132

Teslarati

NOVEMBER 4, 2021

Tesla and Hertz are continuing to work through details that would solve how quickly the rental car company can receive the 100,000 Model 3 electric sedans it ordered from the automaker. Hertz shocked the automotive industry nearly two weeks ago when it announced it had placed a massive order for 100,000 Model 3 all-electric sedans from Tesla.

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Tesla Legal Fleet All-Electric 145

CleanTechnica EVs

JULY 12, 2022

Less than a year ago, we reported on the news that Hertz was ordering a stunning 100,000 Tesla cars — one hundred thousand. It was such big news that many didn’t even believe it, thinking it was “fake news.”

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USA Tesla Cars Electric Vehicles 110

CleanTechnica EVs

NOVEMBER 18, 2023

continued] The post EVgo To Build Charging Stations Faster, Offer Free Charging To Hertz Customers appeared first on CleanTechnica. Like all charging providers, EVgo is working hard right now to improve what the company is doing and make for.

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Charging Building Companies Clean 115

Electric Cars Report

JANUARY 20, 2023

Hertz has launched a new initiative called Hertz Electrifies, which aims to accelerate the adoption of electric vehicles and create economic and environmental benefits for communities.

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Denver Fleet Building Electric Cars 109

Electric Cars Report

SEPTEMBER 28, 2022

Hertz and bp plan to build a network of EV charging stations in North America powered by bp pulse, bp’s global electrification and charging solution brand, the companies announced Tuesday. The deal sets the foundation for Hertz and bp to drive the future of mobility and accelerate EV consumer adoption.

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North America America Building Charging 141

Electrek

FEBRUARY 5, 2024

Polestar (PSNY) shares are falling Monday after car rental giant Hertz (HTZ) announced plans to delay buying its EVs this year.

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Buy Cars 110

Electrek

APRIL 27, 2023

Car rental giant Hertz (HTZ) ended the first quarter with 50,000 EVs in its fleet, accounting for 10% of its total vehicles. In Q1, Hertz credited its electrification strategy for the company’s growth and positive outlook for the remainder of the year.

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Fleet Vehicles Cars 133

Electrek

MAY 11, 2023

Hertz announced today that it plans to add up to 6,000 rental EVs to its existing fleet in Orlando for leisure and business customers, as well as rideshare drivers. more… The post Hertz is adding up to 6,000 EVs to its rental fleet in Orlando appeared first on Electrek.

Fleet 140

Fleet 140

Electrek

NOVEMBER 20, 2023

DC fast charging network EVgo has announced a new deal with rental car company Hertz that offers drivers renting an electric car from any Hertz location in the US with discounts on charging for a year, with no subscription or session fees.

Charging 92

Charging DC Building Electric Cars 92

Baua Electric

FEBRUARY 5, 2024

Polestar (PSNY) shares are falling Monday after car rental giant Hertz (HTZ) announced plans to delay buying its EVs this year. Scaling back electric vehicle plans The news comes after the car rental giant said it would sell some of its Tesla models earlier this month. However, those plans have since fallen through.

Buy 52

Buy Volvo Fleet Price 52

Electrek

JANUARY 19, 2023

Hertz is rolling out its EV fleet to cities across the US in a program called Hertz Electrifies, and it’s kicking off in Denver. more… The post Hertz just launched a major EV rollout program for US cities appeared first on Electrek.

Denver 128

Denver Fleet 128

Teslarati

NOVEMBER 2, 2021

Tesla ( NASDAQ: TSLA ) and rental agency Hertz have no binding deal, according to Tesla CEO Elon Musk, who stated the two companies had not entered a legal partnership that would secure Hertz’s purchase of 100,000 Model 3 sedans. Last week, Tesla secured a massive order from Hertz for 100,000 units of the Model 3 electric sedan.

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Tesla Legal Purchase Price 134

Teslarati

JANUARY 17, 2023

Hertz has massively expanded the number of EVs available to Uber drivers in Europe to help both organizations achieve their respective climate goals. Hertz and Uber have had a substantial partnership in North America over the past year, which has allowed Uber drivers to rent EVs from Hertz at a discounted weekly rate.

Vehicles 98

Vehicles Gas-Electric Climate North America 98

Electrek

FEBRUARY 8, 2023

Hertz disclosed that it took delivery of only half its massive Tesla order of 100,000 electric cars. more… The post Hertz took delivery of half its massive Tesla order of 100,000 electric cars appeared first on Electrek. However, the numbers don’t add up.

Electric Cars 144

Electric Cars Tesla Cars Electric 144

Teslarati

JULY 11, 2022

Tesla’s partnership with Hertz has expanded to sixteen new cities, including Boston, Las Vegas, New York City, Philadelphia, and San Diego, among many others. In January in a statement to Teslarati, Hertz confirmed it was receiving Model 3 units. Polestar begins deliveries of Polestar 2 as part of Hertz Deal.

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Las Vegas San Diego San Francisco Los Angeles 97

Teslarati

OCTOBER 27, 2021

In an announcement on Wednesday, Hertz Global Holdings Inc. The announcement was made just days after Hertz announced its initial blockbuster purchase of 100,000 Tesla Model 3s, which would be used as part of its can rental fleet. noted that it would be partnering with Uber Technologies Inc.

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Baua Electric

JANUARY 19, 2024

It isn’t clear if Hertz means to ditch all its Teslas, or just thin the herd. Teslas reportedly make up about 80% of Hertz’s EV fleet, and EVs make up about 11% of Hertz’s total rental fleet. Hertz cited expensive repairs as one of the reasons for its decision. So, why the massive corporate about-face (and loss of face)?

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Charging Tesla Buy Mercury 52