Hertz is betting big on electric vehicles. It's buying 100,000 Teslas, the largest-ever order by a single buyer. The purchase also represents the biggest move into EVs by a rental car company, by far.

Investors and executives thought electric rentals would print money, turning sleek battery cars into long‑lived assets that ...

Hertz's Tesla rental program didn't go so well for the company, though. Some of that was Hertz's fault, like the time it charged a customer $277 for gas in his Tesla Model 3 rental (which it ...

Hertz said last year that it would sell 30,000 electric cars, including Teslas, Polestars, and Volvos, because of repair and ...

Stream Los Angeles News for free, 24/7, wherever you are. It was not a surprise to auto industry analyst John Healy of Northcoast Research that Hertz is the first among the small group of major rental ...

In December 2025, a Dutch car leasing company called Mistergreen went bankrupt, leaving behind more than $200 million in debt ...

(Reuters) - Hertz Global Holdings Inc has added Tesla Inc's electric mid-size SUV Model Y to its electric vehicle fleet, according to the car rental firm's website. The development comes months after ...