Hertz, BP to build national network of EV fast charging infrastructure

Hertz (HTZ) and bp (BP) are announcing their intention to build out a national network of EV fast charging infrastructure to accelerate the adoption of electric vehicles. Hertz and bp intend to bring charging infrastructure to Hertz locations across America, including major cities such as Atlanta, Austin, Boston, Chicago, Denver, Houston, Miami, New York City, Orlando, Phoenix, San Francisco, and Washington, DC. The charging hubs will serve rideshare and taxi drivers, car rental customers and the general public at high-demand locations, such as airports. bp aims to invest $1 billion in EV charging in the US by 2030. Hertz’s objective is to make one-quarter of its fleet electric by the end of 2024.