Hertz and City of Orlando Launch
Partnership to Expand Electric Vehicle Rentals, EV Charging
Infrastructure and Education and Training Opportunities
ORLANDO,
Fla., May 11, 2023 /PRNewswire/ -- Hertz
(NASDAQ: HTZ) chair and CEO Stephen
Scherr and Orlando Mayor
Buddy Dyer launched Hertz
Electrifies Orlando, a public private partnership aimed at
accelerating the adoption of electric vehicles (EVs) and expanding
the environmental and economic benefits of electrification across
Orlando.
As part of the partnership, Hertz aims to add up to 6,000 rental
EVs to its existing fleet in Orlando, for availability to leisure and
business customers as well as rideshare drivers. To help expand
charging, Hertz will support the installation of up to 50 public
fast chargers across the Greater
Orlando area, in partnership with bp. In addition, Hertz is
working with Orange Technical College (OTC) to help bring EV tools
and training to its auto servicing students. Hertz is also making
summer jobs available through the city's Summer Youth Employment
Program.
"We are thrilled to partner with Mayor Dyer
to launch Hertz
Electrifies in Orlando, the largest
rental car market in the world," said Stephen Scherr, Hertz chair and CEO. "It
seems fitting that we are launching this public private
partnership during National Travel & Tourism Week,
given the city's enormous importance as a
destination for travelers around the globe. Hertz is
excited to expand our EV offerings to our diverse customer set in
Orlando, and to partner
with Orlando Technical College to help bring EV education and
training opportunities to students."
Hertz Electrifies Orlando aligns with Mayor Dyer's
2030 Electric Mobility Roadmap goals to accelerate EV adoption in
multiple transportation sectors and develop a robust charging
ecosystem to reduce emissions that harm public health, bolster
climate change resilience, and increase access and affordability
for all communities.
"We have the opportunity to transform our transportation
landscape as we work to be the most sustainable city in the
southeast," said Orlando Mayor
Buddy Dyer. "Our partnership
with Hertz Electrifies will help us meet our goal of accelerating
electric vehicles and expanding charging infrastructure. We are
making Orlando ready for the
future and working to ensure that everyone experiences the benefits
that electric mobility options can bring, including our future
workforce."
To help support the next generation of EV technicians, Hertz is
donating an electric vehicle to Orange Technical College and
providing EV education and training materials that will enable the
school to incorporate EV technology into its auto servicing
programs.
"Having access to electric vehicles provides critical hands-on
experience with new technology for students in Orange County," said Dr. Maria Vazquez, Superintendent of Orange County Public Schools. "We are
truly grateful for Hertz for donating this vehicle and we look
forward to a future partnership to increase education and training
opportunities."
Orlando is the fourth City to
partner with Hertz through Hertz Electrifies, as part of a
multi-city rollout of this national public-private initiative.
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 works to: (1) expand electric vehicle fleets (2)
accelerate EV charging infrastructure; (3) build education and
training opportunities for jobs of the future; and (4) help broaden
economic opportunity through electrification. For more information
visit www.hertz.com/electrifies.
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
Orlando
Orlando, a
city with more than 300,000 residents located in the heart of
Central Florida, has gained
international notoriety from its theme parks and attractions that
annually draw more than 70 million people from around the globe.
With a goal of being the most sustainable city in the southeast,
the City of Orlando is actively
moving towards its goal to convert 100% of its municipal fleet to
electric or alternative fuel vehicles by 2030. As part of this
effort, the city is expanding charging infrastructure across the
entire community to be one of the most equitable and future-ready
cities in the nation.
About Orange Technical College
Orange Technical
College, a part of Orange County
Public Schools, focuses on improving students' lives and positively
impacting workforce needs throughout Central Florida. Throughout five technical
college campuses, students learn the industry skills needed to
start an in-demand CAREER, attain their high school diploma, become
an apprentice, learn English, and expand their current skills to
make them more marketable to employers.
About Orange County
Public Schools
Orange County Public Schools is
the eighth-largest school district in the
United States and the fourth largest in Florida. The district serves about 209,000
students at 210 schools and is one of the largest employers in
Central Florida with roughly
25,000 team members.
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