It sold a total of 29,000 vehicles worldwide in 2021
. It’s hoping to double that this year, and increase it to 290,000 vehicles per year by the end of 2025, but there’s an obvious reason that Hertz’s order will be fulfilled over five years—Polestar can’t produce the cars any faster. Unless Hertz can get as-yet-unannounced preferential treatment from Tesla, or Polestar can dramatically increase its volumes, adding more electric vehicles—and replacing the vehicles that age out of its rental over the coming years—is going to be a timely process, especially if other rental companies start ordering EVs for their fleets.
As well as getting its hands on EVs, Hertz also has to build out its network of chargers if its electrification plan is going to succeed. It’s announced that it intends to installby the end of 2022, and add a further 4,000 in 2023. For anyone hoping to rent an EV on vacation or a business trip, this charging network is probably going to be very helpful. Most people who own a Tesla are able to charge it overnight at home, which won’t always be the case for people with rental cars.
, but you’re still at the mercy of whatever plugs your hotel or host has available at your destination.
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