The leasing agreement will be launched in London this month and will include models from Tesla and Polestar. The program will also expand to other European capitals, including Paris and Amsterdam, by 2023.

“Expanding our partnership with Hertz to Europe will significantly contribute to our zero-emissions transition, helping drivers reduce operating costs and clean up urban mobility,” said Dara Khosrowshahi, CEO of Uber.

Image source Pexels

Uber-which has been offering car rentals to drivers who don’t own a car since 2016 and has partnered with Hertz on such programs, but the company didn’t partner to rent specific vehicles to drivers until recently.

Uber declined to provide any details about weekly rentals, but the figure is likely similar to U.S. rentals, which are around $330 a week for a Tesla or Polestar, which also includes maintenance and insurance costs.

Uber says the electric car partnership with Hertz has made it very popular in the United States. About 38,000 EV drivers completed 20 million trips in the U.S., Canada and Europe in the third quarter of 2022 a fourfold increase over the same period last year, the company said.

By 2022, active electric vehicle drivers at Uber worldwide saved more than 12.5 million gallons of gasoline, the company said.

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Photo credit: Hertz

Prior to this, Hertz has made large purchases of electric vehicles from automakers such as Tesla, GM and Polaris, and the company currently offers electric car rentals to customers in 500 stores in 38 states across the United States. The company also has another plan to build 3,000 charging stations in North America by the end of 2022.

Under the terms of the deal, BP pulse will manage the charging stations, and the facilities will be open to Hertz customers and the public. bp pulse aims to build 100,000 charging posts worldwide by 2030, about 90 percent of which will be fast or ultra-fast charging posts. In addition, the company is working with fleet operators to accelerate the transition to fleet electrification.

It’s good to join forces with Hertz, one of the largest car rental brands on the road,” said Bernard Looney, BP CEO. By working together to provide charging facilities and design solutions, we believe we can take the electric vehicle driving experience to a new level for our U.S. customers, and this is just the beginning of BP pulse in the U.S.”

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You might be wondering what General Motors is, well, this is the parent company to other car manufacturing brands. Such brands include Chevrolet, GMC, Cadillac, as well as other car manufacturing brands, the ones mentioned are the more popular options. Both Chevrolet and GMC have some electric vehicles to their names, Cadillac on the other hand is preparing to launch its first electric SUV “the Lyriq”.

Read also: LG Chem and GM enter an agreement for a long-term supply of materials for EV batteries.

The second party to this partnership, Hertz, is a global car rental company that deal on all sort of vehicles in different countries. Its partnership with General Motors will involve the delivery of electric vehicles over a five-year period. Within this time, the car manufacturing parent company and its subsidiaries will supply Hertz with over 175,000 electric vehicles.

The first batch of electric vehicle deliveries from General Motors to Hertz will be made in the first quarter of 2023. Deliveries will then span through to 2027 helping to put more rental customers in electric vehicles, hence improving their presence and popularity. Other electric vehicle manufacturing brands will also make deliveries to Hertz to give users more option as to which vehicles they want to ride.

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