Hertz to purchase up to 65,000 Polestar EVs over next five years

Hertz is to purchase up to 65,000 Polestar electric vehicles over the next five years as part of a partnership between the two companies.

The partnership with Polestar builds on Hertz’s announcement last October to offer its customers the largest EV rental fleet in North America and one of the largest in the world. In addition to making the fleet available to its business and leisure customers, Hertz is extending EVs to rideshare drivers as a way to further accelerate electrification.

Stephen Scherr, Hertz CEO, said: “We are excited to partner with Polestar and look forward to introducing their premium EV products into our retail and rideshare fleets. This partnership with Polestar further builds on our ambition to become a leading participant in the modern mobility ecosystem and doing so as an environmentally-forward company. By working with EV industry leaders like Polestar, we can help accelerate the adoption of electrification while providing renters, corporate customers and rideshare partners a premium EV product, exceptional experience and lower carbon footprint.”

Polestar CEO Thomas Ingenlath added: “Polestar is committed to accelerating the move to electric mobility with a fascinating and innovative product portfolio. We are delighted that Hertz has chosen Polestar as a strategic partner on their road to electrification. The partnership with a global pioneer like Hertz will bring the amazing experience of driving an electric car to a wider audience, satisfying a broad variety of our mutual customers’ short- and longer-term mobility requirements. For many of them it may be the first time they have driven an EV, and it will be a Polestar.”

Hertz will initially order Polestar 2, with availability of the new EVs expected to begin in Spring 2022 in Europe and late 2022 in North America and Australia.