Hertz seeing “very, very solid” demand for Tesla rentals, partners with BP for EV chargers

Hertz announced last year plans to purchase 100,000 Tesla vehicles as the car rental company transitions its fleet to electric. Since the announcement and since adding the first Model 3 and Model Y cars to its fleet in Canada and the US, the company is seeing very strong demand from customers for the EV.

Hertz CEO Stephen Scherr told Yahoo Finance Live on Tuesday that the demand is coming from both the recreational traveler and business travelers.

Scherr says companies are selecting Teslas for their employees to help meet their own targets in reducing their carbon footprint.

“Demand has been very, very solid. We’re seeing demand not just among leisure travelers but also among corporate travelers, where in fact corporations want their employees in an electric vehicle to satisfy some of their own carbon footprint objectives,” said Scherr. (via Yahoo Finance)

That demand is only expected to increase towards the end of the year as people travel for the holiday season.

“Bookings have been positive out through the next couple of months, but equally… through the holiday period where it’s proving quite strong,” said Scherr.

With all of the Tesla vehicles in their fleet, as well as Polestar and soon GM EVs, the company also announced on Tuesday it has partnered with BP to install EV chargers across North America.

According to the terms of the deal, BP pulse will manage the charging stations and they will also be open to the general public. The company hopes to have 3,000 chargers installed throughout North America by the end of 2022.

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