Uber to obtain 50,000 Tesla electric vehicles through a deal with Hertz

By Akshay Kedari  | Date: 2021-10-29

Uber to obtain 50,000 Tesla electric vehicles through a deal with Hertz

Ride-hailing giant Uber is set to obtain at least 50,000 Tesla electric vehicles as a part of its plan to expand its EV fleet. The announcement comes after Hertz recently ordered 100,000 EVs from Tesla by next year.

Through a partnership with Hertz, Uber mentioned that it will receive 50,000 Tesla electric cars as a part of a rental option for its respective drivers by the year 2023, sources claimed. The cars are likely to be rented through Hertz in places like San Francisco, Los Angeles, San Diego, and Washington DC in the United States.

Sources with relevant information stated that Uber is also planning to extend its Tesla fleet for hire to other cities in the upcoming years.

Hertz's order for 100,000 Tesla electric vehicles is considered to be the largest-ever EV order. It also boosted Tesla’s share price and raised its market value by over USD 1 trillion. It is worth noting here that Hertz also has a partnership with the used car company Carvana.

Following the Hertz deal, drivers at Uber will be able to rent a Tesla car for around USD 334 per week. AS of now, Tesla's Model 3 electric vehicles will be available for rent for Uber drivers. The rental will also include the car’s insurance and maintenance.

According to Uber, the prices of rental cars are likely to decrease by around USD 35 eventually as the program expands to other cities in the United States.

Uber's switch to electric vehicles is an important move considering its target of achieving a 100% electric cab fleet in Europe, Canada, and the United States by 2030 and worldwide by 2040. However, Uber is reportedly having difficulty in finding drivers who can afford to hire out these electric vehicles.

Source Credits –

https://auto.hindustantimes.com/auto/news/uber-to-get-50-000-tesla-electric-cars-after-hertz-deal-41635391226483.html

About Author

Akshay Kedari     aeresearch.net

Akshay Kedari

A qualified computer engineering graduate, Akshay Kedari takes pride in having his way with words. Following his passion for content creation, he writes insightful pieces on aeresearch.net and a few other portals. Also endorsed with a short-term experience in web deve...

Read More >>

More News By Akshay Kedari

Alipay+ allies with Asian E-Wallets to boost cashless travel in South Korea

Alipay+ allies with Asian E-Wallets to boost cashless travel in South Korea

By Akshay Kedari

Amidst rising efforts for promoting cashless travel, prominent mobile payment providers in Asia have recently announced an integration of the cross-border digitalized payment solutions from Alipay+ in South Korea. With this move, users of e-wallet...

Seracle, Sumsub partner for offering enhanced KYC protocols and cybersecurity

Seracle, Sumsub partner for offering enhanced KYC protocols and cybersecurity

By Akshay Kedari

Sumsub will assist Seracle in building an innovative blockchain ecosystem Sumsub will offer enhanced security to Seracle at a time when losses due to cryptocurrency thefts have increased by about 60% to $1.9 billion Seracle, a global blockc...

CATL unveils new Module to Bracket tech for heavy-duty electric trucks

CATL unveils new Module to Bracket tech for heavy-duty electric trucks

By Akshay Kedari

CATL, a Chinese battery manufacturer and technology company, has reportedly introduced a new battery technology known as Module to Bracket (MTB) for heavy-duty electric trucks. As per reliable sources, the MTB technology deploys the battery module...

Arbonics nabs $1.7M to launch data & science-driven tool for landowners

Arbonics nabs $1.7M to launch data & science-driven tool for landowners

By Akshay Kedari

Arbonics, a Tallinn, Estonia-based climate tech startup, is launching a new innovative data and science-driven tool to ensure that the potential carbon income from land and forests is calculated quickly and easily for landowners in Europe to assist i...

Cruise to unveil robotaxi service in Austin and Phoenix by 2022

Cruise to unveil robotaxi service in Austin and Phoenix by 2022

By Akshay Kedari

Cruise, an American self-driving technology unit, is reportedly all set to unveil commercial robotaxi services across Phoenix, and Austin, Texas, two major spots for autonomous vehicle development, in the next 3 months before 2022 ends. During Gol...