DETROIT—Hertz Corp. plans to order up to 175,000 electric vehicles from General Motors Co. over the next five years. The landmark announcement spans a wide range of vehicle categories and price points, including luxury sedans, pickup trucks and sport utility vehicles.
The agreement will encompass deliveries through 2027 as Hertz increases the EV component of its fleet. Over this period, Hertz estimates that its customers could travel more than 8 billion miles in these vehicles, saving approximately 3.5 million metric tons of carbon dioxide equivalent emissions compared to similar gasoline-powered vehicles traveling such a distance.