Hertz, bp team up to push EV charging in North America

American car rental company Hertz (Nasdaq: HTZ) and British multinational oil and gas company bp (NYSE: BP) have signed a memorandum of understanding (MOU) for the development of a North American network of EV charging stations powered by bp’s global electrification and charging solution brand pb pulse.

The MOU sets the foundation for Hertz and bp to drive the future of mobility and accelerate EV consumer adoption, according to a bp release.
 
The agreement also involves the management of Hertz’s charging infrastructure by bp pulse and the customization of its Omega software to ensure Hertz’s growing fleet of electric rental cars are recharged quickly and efficiently between rentals. 

Omega supports fleet operations by automating charging when the power price is low, while providing real-time visibility to EVs, chargers, power usage, and more.
 
Hertz has a footprint of locations across North America suitable for bp pulse to build and manage a network of fast-charging hubs to serve Hertz customers, including taxi and ride sharing drivers, as well as the general public.