Hertz partners with mayors to bring EVS to American cities

American car rental company Hertz (Nasdaq: HTZ) is working with mayors in the United States to bring electric vehicles (EV) and charging infrastructure to their cities as well as reduce carbon emissions.

Through its EV rental program Hertz Electrifies, the company has launched the initiative in Denver, Colorado, which involves adding up to 5,200 EVs to its fleet for customers and rideshare drivers. 

It also calls for installing Level 2 and Fast chargers at Denver International Airport and at various Hertz locations, as well as deploying publicly accessible EV chargers across neighborhoods through a partnership with BP Pulse of the British multinational oil and gas company bp (NYSE: BP). 

“Our goal is to reduce Denver’s carbon emissions 80% by 2050,” EV portal InsideEVs quoted Denver Mayor Michael B. Hancock as saying.

This will complement Hertz’s plan to deploy EVs throughout the United States. In 2022, the company made EV acquisition plans which total 340,000 vehicles, being 175,000 from General Motors, 100,000 from Tesla, and 65,000 from Polestar.