Plagued by pollution and saddled with an increasingly massive bill for foreign oil, China is putting a major emphasis on switching to battery power – and rent-a-car company Hertz is teaming up with GE to take advantage of this transition.
Hertz Corporation is expanding its Global EV initiative to China, making it the first global rental car company to offer electric vehicles on three continents.
“China has committed to rapidly expand electric vehicle travel and Hertz is committed to supporting the important EV Pilot City program,” said Mark P. Frissora, the rental car company’s Chairman and Chief Executive Officer. “Working with our existing rental car network in China and partners such as GE, we are dedicated to helping build the necessary EV infrastructure in China and to create a new transportation solution that employs the latest technology and harnesses innovations being launched in China today.”
Both Hertz and GE Industrial Solutions will leverage each other’s services, products and client bases to go to market together as business partners. They plat to co-locate electric vehicles and GE’s EV infrastructure across China. The two companies will bundle EV leasing and charging facilities as a solution, which will be offered to multinational companies and government agencies looking – or forced – to go green.