Uber Partners With Hertz to Offer 50,000 Tesla Rentals to US Ride-Hail Drivers

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The logo of car   rental institution  Hertz is seen astatine  a subdivision  bureau   successful  Zurich, Switzerland connected  Nov. 17, 2020. (Arnd Wiegmann/Reuters)

The logo of car rental institution Hertz is seen astatine a subdivision bureau successful Zurich, Switzerland connected Nov. 17, 2020. (Arnd Wiegmann/Reuters)

Uber Technologies Inc. connected Wednesday said it is launching a caller concern with rental car institution Hertz to connection 50,000 Tesla Inc. vehicles arsenic a rental enactment to its ride-hail drivers by 2023.

Uber drivers tin rent a Tesla done Hertz starting connected Nov. 1 successful Los Angeles, San Francisco, San Diego, and Washington DC, with the programme aboriginal this twelvemonth expanding to cities nationwide, the ride-hail institution said successful a blog post.

The Tesla rentals, consisting mostly of the electrical conveyance company’s Model 3 sedan, volition beryllium disposable exclusively to Uber drivers and commencement retired astatine $334 a week, including security and maintenance. Uber said the rental outgo would driblet to $299 per week oregon little arsenic the programme expands successful the coming year.

Uber’s announcement comes conscionable days aft Hertz connected Monday said it would bid 100,000 Tesla vehicles by the extremity of 2022. News of the biggest-ever Tesla bid led to a stock terms rally and saw the company’s marketplace worth surpass $1 trillion.

Epoch Times Photo A photograph illustration shows a London taxi passing arsenic the Uber app logo is displayed connected a mobile telephone, arsenic it is held up for a posed photograph successful cardinal London connected Sept. 22, 2017. (Toby Melville/Reuters)

Wednesday’s woody represents Uber’s astir important measurement truthful acold successful expanding the usage of EVs connected its platform. The institution has vowed to run lone electrical vehicles connected its U.S., Canadian, and European level by 2030, and worldwide by 2040.

But lone fewer ride-hail drivers tin spend the higher EV sticker prices and successful 2019, lone 0.15 percent of each Uber miles successful the U.S. and Canada were driven successful electrical vehicles, institution information showed.

Hertz, which is emerging from bankruptcy, hopes the EV absorption volition let the once-dominant marque to basal retired against competitors.

Carmakers besides see partnerships with ride-hail companies arsenic a convenient mode to exposure much consumers to non-fuel-powered vehicles.

Tesla did not respond to a petition for comment.

By Tina Bellon

Reuters

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