Hertz It is collaborating with the City of Denver — and soon hopes with other cities — to build the charging infrastructure to support the continued transition to electric vehicles.
The partnership is a big step toward helping rental car drivers, including those who may be renting an electric car for the first time or in an unfamiliar area, to navigate the often daunting task of finding a fare. You’ll also see Denver boost availability and education about electric vehicles in a first-of-its-kind effort.
As part of the program, called “Hertz Electrified,” the rental car company plans to add more than 5,000 electric vehicles to its fleet in Denver for daily customers in addition to ongoing driver rentals for ride-sharing services like Uber. To support those who rent electric vehicles, Hertz and its partner BP Pulse, the electric vehicle charging network owned by the oil giant BPwill also install public electric chargers at Denver International Airport and at locations throughout the city, with a focus on underserved communities.
This last point is key to the deal. In addition to building chargers in lower-income neighborhoods, Hertz will provide electric vehicles, tools, and training to the city’s technical high school—and will offer summer jobs through its Denver Youth Employment Program.
“Public-private partnerships are very powerful vehicles,” Hertz CEO Stephen Scheer said in an interview with CNBC. “We see what’s happening in mobility, we see the direction of travel. And so we can be a force along with a very strong city and mayor, to move this forward in a way that I think we would all like to see, which is broad participation in electrification.”
Scherr said Hertz plans to share anonymized location data from its rental electric cars with the city to help Denver officials decide where to install the new charging stations. He expects some of this data to point to locations in the city’s less affluent neighborhoods, where shared car drivers who use Hertz electric cars tend to live.
Denver Mayor Michael Hancock said the city’s goal is to reduce carbon emissions by 80% by 2050, and to electrify the city’s entire buildings and fleet by the end of this decade. He told CNBC that Hertz’s plan to focus on underserved neighborhoods and train local students to service electric vehicles could make the deal a “game-changer” for the city.
“I’m always concerned about fairness and how communities are being left behind,” Hancock said in an interview. “Electrification is, I think, one advance in the move toward sustainability that will move faster.”
Hertz previously announced plans to buy up to 340,000 electric cars from them TeslaAnd Pole Star And general motors by 2027. Scherr said the company currently has about 40,000 Teslas and Polestars available for rental. This number is expected to double by the end of the year as General Motors electric cars join the company’s fleet.
Last fall, Hertz and BP Pulse announced that they would be partnering Install thousands of high-speed EV chargers At Hertz locations across the U.S. some of these chargers will be for the rental-car giant’s exclusive use, but many — as in the Denver program — will be open to the public.
Hertz hopes to strike similar deals with other cities across the country. Scheer said the Denver partnership would serve as a model, one he and Hancock plan to discuss at the winter meeting of the American Conference of Mayors in Washington, D.C., this week.
“It’s powerful to have a company like Hertz step up and say we want to do this so we can really see the opportunity in this new revolution in the industry,” Hancock said. “That’s a solid deal. It’s a big deal for Denver, and it’s going to be a big deal for the nation as it spreads.”
A Hertz spokesperson confirmed that the company is already in active discussions with other US cities, but declined to be more specific.
“Obviously we have a drive, which is to see our business grow,” Scherr said. “To the extent that it’s in line with what a city like Denver wants to see, which is promoting sustainability, putting more electric cars on the street, creating new jobs in a very rapidly changing world of mobility, advancing electrification, sort of in a broadly distributed way across neighborhoods around the city.” A certain city like this one, it’s good for business at Hertz, it’s good for the city of Denver.”