Hertz Partners With BP For EV Charging [TheStreet.com]
Hertz Global Holdings, Inc (HTZ)
Last hertz global holdings, inc earnings: 2/24 04:05 pm
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Source: TheStreet.com
Hertz Global Holdings ( ), the car rental company, is partnering with oil company BP (BP) to create their own electric vehicle charging stations in the U.S. The charging infrastructure will be powered and operated by BP Pulse, which is BP’s EV charging business. The two companies signed a memorandum of understanding and said they will open the EV charging stations to the general public as well as taxi and ride-sharing drivers. Hertz, which has deals to purchase cars from General Motor ( ), Polestar ( ) and Tesla ( ), said drivers can choose from tens of thousands of EV chargers from its 500 locations. The EVs are limited to 38 states currently. By the end of 2024, Hertz plans to increase the number of EVs to 25% of its fleet. Last week the company said it would during a five-year period. Shutterstock Lack of Charging Stations One obstacle that rental car companies face is the lack of charging stations in some areas, including airports, hotels, office buildings and along intersta
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HTZ
Earnings
- 4/25/24 - Miss
HTZ
Sec Filings
- 4/22/24 - Form 8-K
- 4/9/24 - Form ARS
- 4/9/24 - Form DEFA14A
- HTZ's page on the SEC website