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National recognition follows company’s major EV expansions in Denver and Houston.
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Hertz names Chief Accounting Officer Alexandra Brooks as interim CFO.
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Through its Hertz Electrifies program, Hertz plans to accelerate the transition to electric vehicles by bringing more EV rentals to Denver and Houston, including models from Tesla, Polestar, and GM.
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BP plans to invest $1 billion in EV charging across U.S. by 2030, helping to meet the demand from Hertz’s expanding EV rentals.
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Higher volume, lower operating expense drove record net income and EBITDA for Hertz.
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The changes to Hertz board of directors increases the size of the board to 10 members and the number of independent directors to eight. CEO Stephen Scherr assumes the position of board chair.
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Hertz and AAA announced a 5-year extension of their longstanding partnership, creating opportunities to align on strategic initiatives, including taking steps toward expanding consumer adoption for EVs.
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By partnering with mayors, Hertz Electrifies will bring electric vehicles to U.S. cities while supporting the build out of charging infrastructure.
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The partnership will bring 25,000 electric vehicles to European capitals, a key element of Uber's commitment to become a zero emissions platform in Europe and North America by 2030.
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The issue involved Ford Explorer and Nissan Altima vehicles owned by Hertz between 2018 and 2020. The recalls included latches and locks.
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