Search Travel Market Report

mainlogo
www.travelmarketreport.com
  • News
  • Packaged Travel
  • Cruise
  • Hotels & Resorts
  • Destinations
  • Retail Strategies
  • Niche & Luxury
  • Air
  • Training & Resources
  • Who We Are
    • Brian Israel
    • Briana Bonfiglio
    • Candace Protzman
    • Dan McCarthy
    • Dori Saltzman
    • Jennifer Arango
    • Kelly Fontenelle
    • Louis Intreglia
    • Tom McCarthy

Your Next Rental Car Could Be Electric

by Daniel McCarthy / April 05, 2022
Your Next Rental Car Could Be Electric

Photo: Tupungato / Shutterstock.com. 


This week, Hertz announced it had agreed to buy 65,000 electric vehicles from Polestar, a Swedish car manufacturer, over the next five years.  

The plan is for Hertz to start offering the vehicles in Europe starting this spring and then roll them out to other markets, including North America and Australia, later in 2022. The additions will initially be the Polestar 2. 

"We are excited to partner with Polestar and look forward to introducing their premium EV products into our retail and rideshare fleets," Stephen Scherr, Hertz CEO, said in a statement announcing the news this week.

"Today's partnership with Polestar further builds on our ambition to become a leading participant in the modern mobility ecosystem and doing so as an environmentally-forward company. By working with EV industry leaders like Polestar, we can help accelerate the adoption of electrification while providing renters, corporate customers, and rideshare partners a premium EV product, exceptional experience, and lower carbon footprint,” he added.

Hertz expects electric vehicles to comprise more than 20% of its global fleet by the end of 2022, and the news this week is not the first time Hertz has made a major move towards that goal. 

The car rental giant announced last October that it was planning to offer the largest electric rental fleet in North America, and one of the largest in the world.

As part of that plan, Hertz announced intentions to buy 100,000 electric vehicles from Tesla by the end of 2022, news that marked one of the largest purchases of electric cars in history. That deal included a marketing campaign with NFL legend Tom Brady.

While Scherr the bedrock of the shift to electric vehicles is to lead as an “environmentally-forward company,” the move does present some challenges for users, namely the ability to find a charging station for the vehicle while on vacation.

To combat that, Hertz said during the Tesla announcement that it was installing “thousands” of chargers through its network, including 3,000 Tesla supercharging stations in the U.S. and Europe. Hertz is also relying on Polestar to provide charging networks and “charging solutions” for its vehicles as part of the new partnership.

  10
  0
Related Articles
Hilton Commits to Installing Up to 20,000 Tesla EV Chargers at 2,000 Hotels
Hertz Is Adding Up to 175,000 Electric Vehicles to Its Fleet
Hertz Names Former Goldman Executive as New CEO
Hertz Finds October Busiest Business Travel Month
Hertz: Merger to Have Little Near-Term Impact for Agents

MOST VIEWED

  1. Maui Fires Update: Which Hotels and Resorts Are Open and Closed After Lahaina Fires
  2. FAA Issues Nationwide Ground Stop for United Airlines Flights
  3. Southwest Airlines Strike Seems Imminent
  4. Hurricane Lee's Uncertain Path Raises Some Travel Concerns
  5. Celebrity Cruises Removes Gratuities from "All Included" Pricing
  6. Hurricane Lee Intensifies to Category 5: Caribbean and U.S. Impact Uncertain


  1. Two Florida Ports Remain Closed After Hurricane Idalia
  2. Updated Cruise Line COVID-19 Vaccination, Booster, & Testing Requirements
  3. Hurricane Lee Update: Storm Poses Threat to New England and Atlantic Canada
  4. Royal Caribbean Monitoring Haiti Violence
  5. Tropical Storm Lee Could Hit the Caribbean this Weekend
  6. Hurricane Lee Forecast to Rapidly Strengthen into the Weekend
TMR Subscription

Subscribe today to receive daily in-depth coverage, analysis of industry news, trends and issues that affect how you do business. Subscribe now for free.

Subscribe to TMR

Top Stories
Tropical Storm Warning Issued for Antigua & Barbuda Ahead of Philippe’s Arrival
Tropical Storm Warning Issued for Antigua & Barbuda Ahead of Philippe’s Arrival

Tropical Storm Philippe is expected to turn into 2023’s seventh hurricane this week.

Read...
New York City Declares State of Emergency as Historic Rainfall Sparks Widespread Flooding
New York City Declares State of Emergency as Historic Rainfall Sparks Widespread Flooding

Travel from New York City airports is being impacted. 

Read...
Travel Industry Could Feel Real Pain from U.S. Government Shutdown
Travel Industry Could Feel Real Pain from U.S. Government Shutdown

A shutdown would cost the travel economy as much as $140 million per day, 

Read...
Delta Air Lines Is Rethinking SkyMiles and SkyClub Changes
Delta Air Lines Is Rethinking SkyMiles and SkyClub Changes

"I think we moved too fast," CEO Ed Bastian said this week. 

Read...
Reports: New EU Visa Program ETIAS Won’t Start Until 2025
Reports: New EU Visa Program ETIAS Won’t Start Until 2025

The long-talked-about visa program for inbound travelers to Europe is reportedly delayed yet again.

Read...
Southwest Airlines Strike Seems Imminent
Southwest Airlines Strike Seems Imminent

Members of Southwest’s pilots' union voted overwhelmingly to authorize a strike.

Read...
TMR OUTLOOKS & WHITE PAPERS
European Travel Trends 2023 Outlook
CP White Paper 1
Cruise Trend Outlook 2023
View All
industry insider
industry-insider.jpg
//services.travelsavers.com/AMGService.svc/REST/GetImage?ImageID=f22339b7-9c5b-ee11-92d0-005056a8720b
What Does Social Media Really Mean?
Advertiser's Voice
//services.travelsavers.com/AMGService.svc/REST/GetImage?ImageID=19a07eaa-b65e-ee11-92d0-005056a8720b
MasterAdvisor 77: Tips for Making the Move to the Luxury Travel Segment
About Travel Market Report Mission Staff Advisory Board Advertise
TMR Resources Webinars Calendar of Events Outlook/Whitepapers Previous Sponsored Articles Previous This Week Articles
Subscribe to TMR
Select Language
Do You Have an Idea Email
editor@travelmarketreport.com
Give Us a Call
1-(516) 730-3097
Drop Us a Note
Travel Market Report
71 Audrey Ave, Oyster Bay, NY 11771
News |Packaged Travel |Cruise |Hotels & Resorts |Destinations |Retail Strategies |Niche & Luxury |Air |Training & Resources |Who We Are
© 2005 - 2023 Travel Market Report, an American Marketing Group Inc. Company All Rights Reserved | 243 South Street, Oyster Bay, NY, 11771 USA | Telephone (516) 730-3097| Terms and Conditions
Cookie Policy Privacy Policy