While most drivers who use Uber own their cars, many don’t. That’s why Hertz has worked with Uber to offer vehicle rental options since 2016.
Today, it goes electric: Hertz will make up to 50,000 fully electric Teslas available for drivers to rent by 2023, exclusively for drivers using the Uber network in the US. This is the largest expansion of electric vehicles (EVs) on a mobility platform in North America and one of the largest globally, marking another step towards Uber’s zero-emissions goal.
Starting November 1, drivers can rent Teslas through Hertz’s rental program in Los Angeles, San Francisco, San Diego and Washington, DC, with a nationwide expansion in the following weeks. This will expose more consumers to the EV experience than ever, as riders who use Uber start seeing Teslas more frequently throughout the holidays.
This new program with Hertz aims to create positive environmental benefits by reaching rental drivers, who are often looking to offer rides for more hours and more miles than the average driver. Research shows that when rideshare drivers go electric, they realize 3 to 4 times greater emissions savings than average car owners.
We believe this will be a win-win for drivers who rent: a chance to both increase earnings and reduce environmental impact. Drivers can enjoy gas savings as well as higher earnings potential due to Uber’s Green Future Program, which provides incentives – such as $1 more per trip up to $4,000 annually – for drivers to transition from gas-powered vehicles to EVs. They’ll also have access to the Tesla Supercharger network and to Uber’s exclusive EVgo discounts.
Tesla rentals will start out at $334 a week and fall to $299 or lower as the program gets underway. This includes insurance and maintenance and is the best deal available in the market today for drivers looking to rent a Tesla. For the initial launch period, Hertz requires that drivers have at least a 4.7-star rating and have completed at least 150 trips to be eligible. For drivers who are interested in renting a Tesla through Hertz, they can visit this site for more details.
While this partnership is a step forward to advance electrification on the Uber platform, it’s important to note that owning an electric vehicle is still too often more expensive than a traditional gas-powered vehicle. This is a critical challenge that we all must continue tackling together with government leaders through smart policy to bring the cost of EV ownership in line with or below gas-powered cars.
We look forward to working with our partners and policymakers in the US and around the world to put policies in place that support equitable access to electrification, innovation, and climate progress.