Hertz to Buy Up to 175,000 EVs From GM

Hertz Global Holdings has agreed to buy up to 175,000 electric vehicles from General Motors over five years, the latest example of rental companies bulking up on EVs.

The companies said Tuesday that Hertz would buy EVs from across GM’s four main brands in North America—Chevrolet, Buick, GMC and Cadillac. The first orders would be for Chevy Bolt EVs starting early next year, the companies said.