Hertz Brings EV Car Sharing to China

Following a new partnership with GE Industrial Solutions China, Hertz is expanding its Global EV initiative to China as part of a multi-layered approach to launch an EV rental program in Shanghai. Also, Hertz and BYD will partner to create an EV mobility solution for MNC and government agencies in key Chinese cities. As part of this agreement, Hertz will introduce the BYD e6 into its Chinese fleet.

Hertz is the first rental car company to sign a MoU to become a partner of the China (Shanghai) International Electric Vehicle Pilot City.

As part of its strategy, Hertz is forming partnerships with automakers, charging station providers, municipalities, NGOs, corporations and other stakeholders.

In its first year, the Hertz Global EV initiative has grown from a vision to a market presence in more than ten cities, offering a diverse fleet of electric vehicles from manufactures like BYD Auto as well as Nissan, GM, Mitsubishi, Renault and Tesla.

"China has committed to rapidly expand electric vehicle travel and Hertz is committed to supporting the important EV Pilot City program," said Mark P. Frissora, Hertz Chairman and Chief Executive Officer. "Working with our existing rental car network in China and partners such as GE, we are dedicated to helping build the necessary EV infrastructure in China and to create a new transportation solution that employs the latest technology and harnesses innovations being launched in China today."

With its expansion to China, Hertz has thus became the first global rental car company to offer electric vehicles (EVs) on three continents. Hertz now offers EVs across the US in cities including New York, Washington, DC, San Francisco, Los Angeles, and in London, United Kingdom and other cities in Europe.