Hertz is also investing in EV charging infrastructure, saying they will install thousands of chargers.

Beginning in November and expanding through year end, customers will be able to rent a Tesla Model 3 at Hertz airport and neighbourhood locations in U.S. major markets and select cities in Europe.

Bloomberg »

The cars will be delivered over the next 14 months, and Tesla Inc.‘s Model 3 sedans will be available to rent at Hertz locations in major U.S. markets and parts of Europe starting in early November, the rental company said in a statement. Customers will have access to Tesla’s network of superchargers, and Hertz is also building its own charging infrastructure.

It’s the single-largest purchase ever for electric vehicles, or EVs, and represents about US$4.2 billion of revenue for Tesla, according to people familiar with the matter who declined to be identified because the information is private. While car-rental companies typically demand big discounts from automakers, the size of the order implies that Hertz is paying close to list prices.

“How do we democratize access to electric vehicles? That’s a very important part of our strategy,” Mark Fields, who joined Hertz as interim chief executive officer on Oct. 6, said in an interview. “Tesla is the only manufacturer that can produce EVs at scale.”

Elsewhere » Wall Street Journal 🔒 / Financial Times 🔒/

Update » 2021.11.02 » Tesla Inc’s Elon Musk said the company had not signed a contract with Hertz » Reuters

Seven-time Super Bowl Champion Tom Brady to headline Hertz EV campaign

Two new ads – “Plugged In” and “Speed” – beginning today show Brady renting, recharging and using an EV at a Hertz airport location. The spots use humour and Brady’s signature “Let’s Go” game-day rallying cry to underscore Hertz’s reputation for excellence, speed and ease throughout the travel experience.