UPDATE: Hertz Global EV Expands to China

The Hertz Corporation HTZ today announced the expansion of its Global EV initiative to China. 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. To help build a market for what is the first EV rental service in China, Hertz launches several new programs: Hertz commenced an alliance with GE Industrial Solutions China to develop a new business model to market EVs in China, which includes the co-location of electric vehicles and GE EV Infrastructure. Hertz signed an agreement to participate in the China (Shanghai) International EV Pilot City to propel an EV rental program, building out the infrastructure across the Jiading district of Shanghai as the starting point to make EVs accessible to corporations, local government and the general public, as well as promote the benefits of EVs. Hertz launches a partnership with BYD, the largest Chinese local auto brand, to combine electrical vehicle sales and leasing as a mobility solution for MNC and government agencies in metropolitan Chinese cities and to promote new energy applications to propel and further develop the EV marketplace in China.