Hertz (HTZ) disclosed that during the year ended December 31, 2022, it operated a peak rental fleet in the Americas of 428,700 vehicles. Of that total, Tesla (TSLA) made up 11% of the vehicles, according to Hertz. The rental car company had under 50,000 Tesla at the end of 2022, less than half the 100,000 vehicles Hertz said it would order by the end of the year, Bloomberg points out. Hertz added that it is assembling a "diverse fleet" of electric vehicles "through large-scale acquisition agreements" with Tesla, Polestar and General Motors (GM), starting with an initial order of Teslas made in 2021. "We have established a goal for 25% of our fleet to be electric by the end of 2024. In collaboration with bp pulse, we are also investing in EV infrastructure across our global operations by installing charging stations throughout our network to power our fleet and support customer adoption of EVs," the company said in its annual filing.
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