American car rental giant Hertz has entered into a strategic partnership with Sweden’s Polestar to purchase up to 65,000 Polestar EVs over five years, the companies jointly revealed on Monday.
Availability of products made in China Polestar 2 at Hertz will begin this spring in Europe and late 2022 in North America and Australia.
Hertz says that in addition to offering new electric cars to traditional business and leisure tenants, it will expand them to drivers who hail.
Polestar reports that its sales have nearly tripled in 2021, and aims to more than double that new production this year – on track to hit 290,000 vehicles sold annually by the end of 2025. Expected to soon close the SPAC business coordination.
Tesla at Hertz
Polestar isn’t the only brand of EV Hertz aimed at hoarding. Tesla Model 3 sedans have begun to be more widely rented in the Hertz fleet, and it builds on an announcement last October. Add 100,000 Tesla cars to our fleet in North America and Europe by the end of 2022. That will boost electric vehicles to around 20% of the global fleet, thanks to a deal provide Model 3 to Uber drivers in some major US cities starting at $299 a week, all inclusive.
Hertz then called the Tesla plan “an initial order” and hinted that it could scale even further. Last month, Hertz also added the Model Y crossover to its electric vehicle fleet – although this time there was no major announcement of expected production.
Teaser for Polestar 3 coming in 2022
The Polestar 3a “premium electric performance SUV,” which will be added to the Polestar lineup by the end of 2022. Although the Hertz/Polestar announcement doesn’t mention the model, it’s likely to come into the limelight. cooperation system.
At the time of the Model 3 announcement, Hertz noted the scale and convenience of Tesla’s built-in Supercharger network — which Tesla was planning tripled in size in two years—As an influence in its decision. Currently, Hertz simply passes on any charges charged on the Supercharger network to tenants with no additional service charges. We’ll be keeping a close eye on how it drives Polestars charging across a more complex maze of other, independent charging networks.
