Hertz to buy up to 65,000 EVs from Polestar

WASHINGTON, Apr 04 (Reuters): Rental car firm Hertz Global Holdings said on Monday it would buy up to 65,000 electric vehicles over five years from Swedish EV maker Polestar, the latest move by the rental car firm to add zero-emission models.

Hertz said Polestar cars would be available beginning this spring in Europe and later in 2022 in North America and Australia.

The Florida-based rental car company said that it would initially order the Polestar 2 sedan. Hertz shares were up 1.75 per cent in premarket trading Monday.

Hertz in October announced its order to purchase 100,000 electric cars from Tesla Inc, primarily the EV maker's Model 3.