Hertz orders 100,000 Tesla for $4.2 billion

Hertz has quite simply signed the largest electric vehicle order in history… It will be 100,000 Teslas that will reinforce the ranks of the rental company.

It is quite simply the largest order for electric cars in history. The rental company Hertz has decided to order 100,000 Tesla at once, for a total value quantified by Bloomberg at $4.2 billion (about 3.6 billion euros). Once delivered, this gigantic order will represent one fifth of the lessor’s fleet in the world.

However, few would have given much of Hertz’s skin a few months ago. The lessor was indeed bankrupt, and was bought by two investment groups, which obviously have big ambitions for Hertz. Above all, such a large bulk order (about 10% of Tesla’s annual production) prevents its competitors from imitating it in the near future.

The first Model 3 available from November

The first Tesla Model 3 will be available at Hertz stations from Novemberwhile deliveries will be spread over the next 14 months, until the end of 2022 so. Customers can use the network of Tesla superchargers. Undoubtedly a big argument when choosing a brand to start electrifying Hertz. The lessor will also install its own terminals in its stations.

In the more distant future, Hertz’s plans don’t stop there. The lessor wants, in the long term, electrify most of its fleet. It will therefore be necessary to order city cars, sedans, SUVs, but also utilities.

A strategy that is ultimately logical when you consider the increasingly strong pressure from governments who want to ban thermal energy in the medium term.

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