Hertz Adds 100,000 Teslas to Rental Fleet

Asia's Tech News Daily

Hertz, a rental car agency, has ordered 100,000 Teslas as it seeks to electrify its fleet of vehicles.

press release

Smith Collection/Gado | Getty Images

In a press release, the company said Model 3 cars will be available for rent in major American and European markets beginning in early November and the program will expand through year end. With the order, electric vehicles will make up more than 20% of Hertz’ global fleet. 

The company will also launch electric vehicle charging infrastructure throughout its global operations, said the release, and team up with NFL superstar Tom Brady “to showcase how it is making EV rentals fast, seamless and more accessible, as the company accelerates its commitment to lead the future of mobility and travel.”

Customers who rent a Model 3 will have access to 3,000 Tesla supercharging stations. In two ads, launched Monday, Brady demonstrates how to rent, recharge and use an electric vehicle at a Hertz airport location.

Hertz interim CEO Mark Fields said in a statement, “Electric vehicles are now mainstream, and we’ve only just begun to see rising global demand and interest. The new Hertz is going to lead the way as a mobility company, starting with the largest EV rental fleet in North America and a commitment to grow our EV fleet and provide the best rental and recharging experience for leisure and business customers around the world.”

Brady added, “Hertz is changing the game when it comes to the future of mobility and has come through for me time and time again. Although the company has been around for over 100 years, their constant evolution, especially now, is something that is amazing to be a part of. I’ve been driving an EV for years and knowing Hertz is leading the way with their electric fleet speaks to how the world is changing and the way companies are approaching being environmentally and socially conscious. I’ve always loved how easy and convenient Hertz makes it for me when I’m traveling to my favorite places like New York, LA and Tampa and can’t wait to see what they continue to have in store.”

Internet Explorer Channel Network
Asia's Tech News Daily
News Related

OTHER NEWS

Record Number of Workers Quit Jobs to Become Self-Employed Amid COVID-19 Pandemic

A historic number of workers have become their own bosses amid the COVID-19 pandemic, according to data from the Bureau of Labor Statistics (pdf). As of October, there were about 9.44 million unincorporated self-employed ... Read more »

Startup Raises $1.8 Billion in Bid to Generate Fusion Nuclear Energy

Commonwealth Fusion Systems (CFS) has raised more than $1.8 billion, the largest private investment in the nuclear fusion industry as more investors pour money into energy projects that claim limitless energy with ... Read more »

Google Removes Malware Apps That Stole Banking Logins On Android

Google –Alphabet Inc Class A (NASDAQ:GOOGL)– has removed a group of apparently inoffensive apps, which in truth were malware used to steal Android users’ banking logins. According to experts who ... Read more »

Spotify Wrapped 2021: What were your most listened to artists

What was or were your most listened to artists on Spotify this year? December has already begun, and with the month of Christmas comes all the counts and memories of ... Read more »

All You Need to Know About CrossFirst (CFB) Rating Upgrade to Strong Buy

CrossFirst Bankshares (CFB) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates — one ... Read more »

Otter Tail (OTTR) is an Incredible Growth Stock: 3 Reasons Why

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market’s attention and produce exceptional returns. But finding a great growth stock is ... Read more »

What Makes Hub Group (HUBG) a New Strong Buy Stock

Hub Group (HUBG) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in ... Read more »

Here is Why Growth Investors Should Buy CBRE (CBRE) Now

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market’s attention and produce exceptional returns. But finding a great growth stock is ... Read more »

CR or FSS: Which Is the Better Value Stock Right Now?

Investors looking for stocks in the Diversified Operations sector might want to consider either Crane (CR) or Federal Signal (FSS). But which of these two stocks is more attractive to ... Read more »

3 Reasons Why FNF Group (FNF) Is a Great Growth Stock

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market’s attention and produce exceptional returns. But finding a great growth stock is ... Read more »

Profit Off the Recruiting Boom With These 3 Zacks #1 Ranked Stocks

The labor market has experienced an unprecedented ride over the past eighteen months. Over 22 million jobs were lost between March and April of 2020 when the country was shutdown ... Read more »

Earnings Estimates Rising for Kulicke and Soffa (KLIC): Will It Gain?

Kulicke and Soffa (KLIC) could be a solid choice for investors given the company’s remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might ... Read more »

3 Reasons Why Vista Outdoor (VSTO) Is a Great Growth Stock

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market’s attention and deliver solid returns. But finding a growth stock ... Read more »

All You Need to Know About Ingredion (INGR) Rating Upgrade to Buy

Ingredion (INGR) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates — one of the ... Read more »

3 Reasons Why QuinStreet (QNST) Is a Great Growth Stock

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market’s attention and deliver solid returns. But finding a growth stock ... Read more »

RKT or TRI: Which Is the Better Value Stock Right Now?

Investors interested in stocks from the Technology Services sector have probably already heard of Rocket Companies (RKT) and Thomson Reuters (TRI). But which of these two stocks presents investors with ... Read more »

3 Chip Stocks to Buy in December

The semiconductor industry has been aggressively expanding its manufacturing capabilities amid the global chip shortage. And because the demand for semiconductors is expected to rise over time, the industry is ... Read more »

EBKDY vs. WBK: Which Stock Is the Better Value Option?

Investors looking for stocks in the Banks – Foreign sector might want to consider either Erste Group Bank AG (EBKDY) or Westpac Banking Corporation (WBK). But which of these two ... Read more »

TTE or ORA: Which Is the Better Value Stock Right Now?

Investors with an interest in Alternative Energy – Other stocks have likely encountered both TotalEnergies SE Sponsored ADR (TTE) and Ormat Technologies (ORA). But which of these two stocks presents ... Read more »

How to Stop Imposter Syndrome From Killing Your Drive

The internet has turned the vast majority of us into hypochondriacs. Feel an unfamiliar pain in your back? Notice that your mood is shifting more quickly than usual? Probably best ... Read more »

4 Qualities That Could Make You the Next Arlan Hamilton

If you identify as a Black woman and live in the United States, listen up: our cohort is among the fastest-growing demographics for entrepreneurs in America. According to the recent ... Read more »

Fintechs helped Black-owned small businesses get access to PPP loans during the pandemic more than banks did. It's weird.

© Provided by Business Insider JJ Gouin/Getty Images The Paycheck Protection Program was a lifeline for businesses during the pandemic. But it seems not every small business could easily turn ... Read more »

Chris Cuomo Suspended From CNN 'Indefinitely'

Looks like the Cuomo brothers may have taken protecting your family at all costs a bit too far. Mike Coppola | Getty Images CNN announced that primetime news anchor Chris ... Read more »

Renewables see record growth in 2021, but supply chain problems loom

© Qilai Shen/Bloomberg via Getty Images Photovoltaic modules at a solar power plant near Golmud, Qinghai province, China, on Saturday, Sept. 11, 2021. 2021 is on course to break a ... Read more »

Heat, Bulls lose second-round picks due to free agency violations with Kyle Lowry, Lonzo Ball

The Heat and Bulls will forfeit their next available second-round picks as a result of the NBA’s investigation into the free agent acquisitions of Kyle Lowry and Lonzo Ball, the ... Read more »

3 Tips for Entrepreneurs Who Feel Stuck Between Their Business and Their Passion

On this week’s episode of the SUCCESS Line, I talk to Ethan, a young entrepreneur who is feeling torn between two worlds: the business he built that has given him ... Read more »

Elon Musk uses Stalin meme to take a jab at Twitter's Parag Agrawal, Jack Dorsey

Meme shared by Elon Musk (Image: Twitter@elonmusk) Tesla and SpaceX founder Elon Musk, known for his intriguing posts on Twitter, targeted the microblogging site’s leaders – Parag Agrawal and Jack ... Read more »

How Omicron Stacks Up Against the Delta Variant—Including Whether or Not We'll Need a New Vaccine

The Omicron variant has dominated headlines ever since the World Health Organization (WHO) designated it a COVID-19 variant of concern last week. © nopparit – Getty Images Doctors weigh in ... Read more »

How to Prepare Your Employees for Outsourced Hires

Outsourcing can be a double-edged sword for companies, especially when it comes to managing in-house employees. Even today, the industry brings a stigma that outsourcing takes jobs away from a company’s home ... Read more »

What the duck! From talking ducks to Bitche town, check out some of 2021's weird news

Did you know that ducks are quacking good impersonators? (Image credit: Reuters) Here is our selection: Quacking mimics – Science was rocked in September by the news that ducks can talk ... Read more »

3 Insurance Stocks That Have Outperformed S&P 500 YTD

The insurance industry that suffered in 2020 due to the pandemic has done well so far this year. The industry has gained 9% year to date compared with the Finance ... Read more »

Best Value Stocks to Buy for December 1st

Here are three stocks with buy rank and strong value characteristics for investors to consider today, December 1st: – Zacks The Chemours Company CC: This provider of performance chemicals has a ... Read more »

Pre-Markets Up on Better-than-Expected Private Jobs Addition

A very welcome private-sector monthly jobs report from Automatic Data Processing ADP greets market participants this morning, with a better-than-expected 534K new private-sector jobs reportedly created for the month of November. This is ... Read more »

Honeywell (HON) Merges Quantum Solutions With Cambridge Quantum

Honeywell International Inc. HON yesterday announced that it has combined its Quantum Solutions business with Cambridge Quantum. The business combination was announced in June 2021. The newly created entity, Quantinuum, ... Read more »

Technology Is Changing PR and Marketing Forever

We’re living in the most technologically advanced time in history. With the increasing rise of a myriad of technological upgrades, changes and inventions, it is safe to say that nearly every industry ... Read more »

ADP Jobs 534K, Better than Expected; Markets Up

Wednesday, December 1, 2021A very welcome private-sector monthly jobs report from Automatic Data Processing ADP greets market participants this morning, with a better-than-expected 534K new private-sector jobs reportedly created for ... Read more »

AstraZeneca, Merck's Lynparza sNDA Gets FDA Priority Tag

AstraZeneca AZN and partner Merck MRK announced that the FDA has accepted their supplemental new drug application (sNDA) seeking expanded use of PARP inhibitor Lynparza in breast cancer. – Zacks The ... Read more »

Orion (ORN) Wins Multiple Deals for Concrete & Marine Units

Orion Group Holdings, Inc. ORN has won several contracts under the Concrete and Marine segments for a combined value of approximately $44 million.Under the Concrete unit, Orion received three contracts ... Read more »

5 Best Sector ETFs of November

November was a volatile month for Wall Street as rounds of upbeat earnings fueled strong optimism while rising inflation, a surge in COVID-19 cases and Fed’s taper talks continued to ... Read more »

How to use neuro-leadership to be the guide your captain needs

Depositphotos.com According to a report carried out by UBITS together with Hubspot, 89.2% of Latin American leaders felt that their role changed as a result of the pandemic and a ... Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic