Partnership with Montbello Career and
Technical High School
Jumpstarts Training for Jobs of the Future
DENVER, March 3,
2023 /PRNewswire/ -- Hertz (NASDAQ: HTZ) Chair and
CEO Stephen Scherr and Denver Mayor Michael
Hancock launched Hertz Electrifies in Denver at Montbello Career and Technical High
School and announced intentions to expand the availability of
electric vehicles (EVs), charging infrastructure, and EV education
and training opportunities in the Denver community. Denver is the first city in this new public
private initiative with Hertz, which is expanding to other cities
across the country.
"Hertz is investing in the largest electric vehicle rental fleet
in North America and as part of
that effort, we are committed to helping communities tap into the
economic and environmental benefits of
electrification," said Hertz CEO Stephen Scherr. "We are proud to launch
Hertz Electrifies with the city of Denver and Mayor Hancock, and to partner with
Montbello Career and Technical High School to help create EV
educational and training opportunities for the workforce of the
future."
Through Hertz Electrifies, Hertz aims to bring up to 5,200
rental EVs to Denver – including
models from Tesla, Polestar, and GM – for availability to leisure
and business travelers as well as rideshare drivers. In addition,
Hertz is supporting the installation of publicly accessible
charging infrastructure in partnership with bp and its global
high-speed electric charging network, bp pulse. To help inform the
buildout of charging infrastructure across all neighborhoods of
Denver, Hertz is sharing with the
city anonymous, aggregated telematic insights from its fleet of
connected cars through its "Hertz Charging Opportunity Index."
Hertz is donating an electric vehicle and providing EV
educational and training materials to Montbello Career and
Technical High School to enable the school to incorporate EV
technology into its auto servicing curriculum. Hertz is also making
summer jobs available to young people in Denver, including through the Denver Youth
Employment Program.
"Our partnership with Hertz and their donation of resources and
an EV to Montbello Career and Technical High School is a
groundbreaking new endeavor to teach young people new skills and
prepare them for the next wave of technological advances," said
Denver Mayor Michael B. Hancock. "We're targeting this
initial effort right where it's most needed, and also partnering
with the Denver Youth Employment Program to make sure there are
similar opportunities across the city. These alliances will further
educate our youth and put them on a path to success in the economy
of tomorrow."
"At bp we know it's going to take a high level of coordination
to transition to a net zero future," said Denver native and bp America chairman and
president Dave Lawler. "These
public private partnerships are important, and equally important is
engaging students early and often to ensure they have the right
skills for the future. We can't do it without them. I commend Mayor
Hancock and Hertz as we continue to make steady progress in
Denver."
"Montbello Career and Technical houses the only high school
automotive program in the far northeast region of Denver," said Arnetta Koger, Principal of Montbello Career and
Technical High School. "We are glad to partner with Hertz
and Denver. Now, with our first
electric vehicle, we will be able to ensure that our students are
preparing for the jobs and technologies of the future."
In January, Hertz announced Hertz Electrifies, a new
public-private partnership aimed at accelerating the transition to
electric vehicles, while creating economic opportunity and
environmental benefits for communities. In addition, Hertz and bp
have announced an intention to bring fast charging infrastructure
to Hertz locations in major cities, including Denver.
About Hertz Electrifies
Hertz
Electrifies is a new public-private partnership aimed at
furthering the mainstream adoption of electric vehicles and
extending the benefits of electrification to communities throughout
the United States. The initiative
has five pillars: (1) electric vehicle and charging infrastructure;
(2) creating jobs of the future; (3) broadening economic
opportunity; (4) community engagement; and (5) policy and city
planning analysis.
About Hertz
The Hertz Corporation, a subsidiary
of Hertz Global Holdings, Inc., operates the Hertz, Dollar and
Thrifty vehicle rental brands throughout North America, Europe, the Caribbean, Latin
America, Africa, the
Middle East, Asia, Australia and New
Zealand. The Hertz Corporation is one of the largest
worldwide vehicle rental companies, and the Hertz brand is one of
the most recognized globally. Additionally, The Hertz Corporation
operates the Firefly vehicle rental brand and Hertz 24/7 car
sharing business in international markets and sells vehicles
through Hertz Car Sales. For more information about The Hertz
Corporation, visit www.hertz.com. Hertz has tens of thousands of
EVs available at more than 500 Hertz locations across 38
states.
About The City of Denver
The City of Denver is the capital of Colorado and home to over 700,000 residents.
Known as the Mile High City for its 5,280-foot elevation,
Denver serves as the gateway to
the Rocky Mountains and is home to one of the largest city park
systems in the country. Under Mayor Hancock's leadership,
Denver has become known as a top
U.S. city for startups and entrepreneurship, especially for
minority and women-owned businesses, one of the best places to live
and is working to make sure that all residents, no matter which
background they represent, can experience the success that
Denver has experienced.
About bp
bp's ambition is to become a net zero company
by 2050 or sooner, and to help the world get to net zero. bp has a
larger economic footprint in the United
States than anywhere else in the world, investing more than
$140 billion since 2005 and
supporting about 245,000 jobs. For more information on bp in the
US, visit www.bp.com/US.
About bp pulse
bp pulse is bp's electric vehicle (EV)
charging business, rolling out fast, reliable charge points to
consumers and commercial fleets around the world. Entering into the
Americas, bp pulse focuses on providing EV charging and energy
management to fleets that operate heavy-, medium- and light-duty
vehicles. Key offerings for these fleets include intelligent charge
management software, Omega, and a Charging-as-a-Service
solution–allowing bp pulse to manage the charging of an EV fleet
from start to finish, while optimizing energy costs and vehicle
utilization. Globally, bp pulse is one of the UK's leading rapid
and ultrafast public EV charging networks. It also operates the
largest number of sites with ultra-fast charging in Germany, with a growing charging point
footprint in China and
the Netherlands. The company aims
to increase its network of public EV charging points by 2030 to
over 100,000 worldwide.
Cautionary Note Concerning Forward-Looking
Statements
This press release contains
"forward-looking statements" within the meaning of the federal
securities laws. Words such as "aim," "create," "accelerate,"
"transition," "will," "build," "future," "transform," "invest,"
"shift," "launch," "increase," "initiative," "expand," add," and
"develop," and similar expressions identify forward-looking
statements, which include but are not limited to statements related
to the expansion of Hertz's EV fleet and its partnership with Uber,
installation of charging infrastructure including in partnership
with bp, and any other statements regarding future expectations,
beliefs, plans, objectives, future events or performance. We
caution you that these statements are not guarantees of future
performance and are subject to numerous evolving risks and
uncertainties that we may not be able to accurately predict or
assess, including Hertz's ability to expand its EV fleet, develop
and install sufficient EV charging infrastructure, and otherwise
execute on its strategic plans, as well as other factors identified
in the risk factors of Hertz's Annual Report on Form 10-K for the
year ended December 31, 2021, as
filed with the Securities and Exchange Commission (the "SEC") on
February 23, 2022 and any updates
thereto in subsequent filings with the SEC including in Hertz's
Quarterly Reports on Form 10-Q. We caution you not to place undue
reliance on our forward-looking statements, which speak only as of
their date, and Hertz undertakes no obligation to update this
information.
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SOURCE The Hertz Corporation