Hertz

Hertz CEO steps down following Tesla and EV debacle costs company big

Hertz CEO Stephen Scherr has decided to step down following the rental firm's big bet on Tesla and other EVs…

Hertz is pausing purchases from Polestar as it shifts away from EVs

Rental car company Hertz recently announced plans to slow down its electrification strategy by selling off some electric vehicles (EVs),…

Hertz announces ‘strategic decision’ to slash EV fleet

Hertz announced on Thursday in a regulatory filing with the SEC that it has made a "strategic decision" to slash…

Hertz now selling former Tesla rentals at bargain prices

Hertz is selling off some of its Tesla models that were formerly rentals, and the vehicles are currently available at…

Former Ford CEO says the tough part of the EV story is coming

Former Ford CEO Mark Fields believes the toughest part of the electric vehicle story is coming. Fields is currently the…

Tesla price cuts hinder Hertz earnings as it misses profit estimates

Tesla's price cuts throughout the third quarter provided challenges for rental company Hertz (NASDAQ: HTZ), who adopted the electric automaker's…

All Tesla rentals from Hertz now allow mobile app access

Tesla began a major partnership with rental car company Hertz in 2021, and now you can find the Model 3…

Hertz reports earnings beat with updates on EV fleet

Hertz (NASDAQ: HTZ) reported an earnings beat today that its electric vehicle (EV) fleet adoption and expansion partially contributed to.…

Hertz doubles down on electrification following record earnings, stock surges 7%

Hertz (NASDAQ: HTZ) has announced that it will continue rapidly electrifying its fleet of rental vehicles following its record earnings…

Hertz launches ‘electrified’ fleet push in Denver [Updated]

Update: 1:38 pm EST 1/24: First sentence updated for accuracy. Following enormous investments into electric vehicles, Hertz plans to add…

Hertz massively expands Uber EV partnership with 25,000 more vehicles

Hertz has massively expanded the number of EVs available to Uber drivers in Europe to help both organizations achieve their…

Uber reports success with Tesla rental program after 1 year

Uber kicked off its Tesla rental program with Hertz roughly one year ago, and the company has published a report…

BYD and SIXT enter agreement for 100,000 EV rental fleet in Europe

BYD has entered an agreement with international vehicle rental company SIXT for a 100,000 electric vehicle rental fleet that will…

Uber CEO sets deadline for drivers to move away from gas cars

Uber CEO Dara Khosrowshahi stated that he doesn't want Uber drivers to use gas vehicles past 2030. According to an…

Hertz partners with BP to place EV chargers

Hertz has partnered with BP to place EV chargers at existing Hertz locations nationally. Hertz announced today that it had…

Hertz announces 175,000 electric vehicle deal with GM to expand rental fleet

Hertz announced that it would purchase 175,000 electric vehicles from General Motors over the next five years across the Detroit-automotive…

Hertz gives several updates on its Tesla and Polestar EV fleet

Update: Lede paragraph date revised to Thursday to reflect accuracy. Hertz gave several updates on its fleet of Tesla and…

A Tesla becomes Uber driver’s cash cow

A new Tesla owner who drives for Uber shared his thoughts on driving 120,000 miles per year and getting his…

Uber to offer EV rides in new cities with ‘Comfort Electric’ program expansion

Uber is expanding its "Comfort Electric" initiative to several new cities, the company said today. With the touch of a…

Tesla-Hertz partnership expands to sixteen new cities

Tesla's partnership with Hertz has expanded to sixteen new cities, including Boston, Las Vegas, New York City, Philadelphia, and San…