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Hertz buying 65,000 Polestar EVs

Tuesday, 5 April 20223 min read
Hertz buying 65,000 Polestar EVs

Hertz announced a new global partnership with Swedish electric car maker, Polestar, which will see the car rental giant buy up to 65,000 electric vehicles over five years.

Availability of the EVs is expected to begin in spring 2022 in Europe and from late 2022 in North America and Australia.

The partnership is part of Hertz’ commitment to electrifify shared mobility with a digital-first customer approach.

As well as making its EV fleet available to its business and leisure customers, Hertz is extending them to rideshare drivers.

“We are excited to partner with Polestar and look forward to introducing their premium EV products into our retail and rideshare fleets,” said Stephen Scherr, Hertz CEO.

“This partnership with Polestar further builds on our ambition to become a leading participant in the modern mobility ecosystem as an environmentally-forward company.”

Polestar reported that it nearly tripled volumes in 2021 and anticipates more than doubling volumes again this year.

It expects numbers to reach 290,000 vehicles per year by the end of 2025.

Hertz will initially order the Polestar 2 model.