American car rental firm Hertz Corp. has teamed up with ride-hailing firm Uber to offer up to 50,000 Tesla electric vehicles by 2023, the parties announced in a statement.
- Uber said drivers can rent fully electric Tesla vehicles through Hertz’s rental program in Los Angeles, San Francisco, San Diego, and Washington DC starting November 1.
- The rental program will be expanded nationwide, starting at $334 a week and expected to fall to $299 or lower as the program gains steam. Drivers are required to have a 4.7-star rating and at least 150 trips to qualify.
- The program is in line with Hertz’s environmental efforts, with research showing that electric rideshare drivers realize three to four times greater emissions savings than average vehicles.
- It is also in line with Uber’s Green Future program, which offers incentives such as $1 more per trip up to $4,00 annually to encourage drivers to shift to electric from gas-power units.
The program is said to be the largest expansion of electric vehicles on a mobility platform in Northern America. HTZZ is up 1.86%, while UBER is down 1.50%.