Hertz Will Supply Up to 50k Teslas to Uber’s Rental Program

Hertz and Uber announced today a partnership to supply up to 50,000 Teslas by 2023 for Uber drivers to rent when using the Uber network.

Starting Nov. 1, drivers can rent Teslas from Hertz through this program in Los Angeles, San Francisco, San Diego, and Washington, D.C. A nationwide expansion planned in the coming weeks. If successful, the program could expand to 150,000 Teslas during the next three years. 

In a press announcement, Hertz claims this partnership is the largest expansion of electric vehicles on a mobility platform in North America and one of the largest globally.

The announcement comes on the heels of Monday’s news of Hertz’s partnership with Tesla to add 100,000 Tesla Model 3s to Hertz’s rental fleet by 2022.

"Today's partnership with Uber is another major step forward in Hertz becoming an essential component of the modern mobility ecosystem and executing on our commitment to being an environmentally forward company," said Mark Fields, Hertz interim CEO, in a statement. "We are creating the new Hertz and charting a dynamic, new course for the future of travel, mobility, and the auto industry."

"Climate change is an urgent global challenge we must all tackle together, and now is the time to drive a green recovery from the pandemic," said Uber CEO Dara Khosrowshahi. "This combines the power of Tesla, Hertz and Uber to help accelerate the transition to zero-emissions mobility. We look forward to seeing more EVs on the road right away."

Participating drivers receive a preferred weekly rate for Hertz rentals, which includes insurance, basic maintenance, and unlimited miles.

Uber is also providing its drivers incentives to rent EVs in the form of discounts to charge through EVgo’s network (EVgo supports Tesla charging) and Uber’s Green Future program, which provides $1 more per trip and up to $4,000 annually.

The partnership isn’t new: Hertz has been renting vehicles to Uber drivers since 2016, though the vehicles to date have been cascaded from Hertz’s daily rental program.