Hertz And EVgo Announced A Joint Promotion To Offer One Year Of Special Charging Rates To Drivers Renting Any EV Model At A Hertz Location Across The Country
Portfolio Pulse from Benzinga Newsdesk
Hertz and EVgo have launched a joint promotion providing one year of special charging rates to drivers renting EVs from Hertz. This offer is exclusive to new EVgo customers and includes no monthly subscription or session fees for a year.

November 17, 2023 | 12:02 pm
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POSITIVE IMPACT
EVgo's exclusive charging rate offer to Hertz customers could expand its user base and increase network utilization.
By providing special rates to new customers renting through Hertz, EVgo may see an uptick in its service usage. This partnership could lead to a larger customer base and higher utilization of EVgo's charging network, which is beneficial for the company's growth and revenue in the short term.
CONFIDENCE 85
IMPORTANCE 65
RELEVANCE 80
POSITIVE IMPACT
Hertz's partnership with EVgo to offer special charging rates could attract more customers to rent EVs, potentially increasing rental revenue.
The promotion is likely to enhance Hertz's value proposition for customers considering EV rentals, which could lead to increased rentals and customer loyalty. The absence of additional fees makes the offer attractive and may positively influence Hertz's short-term rental revenue.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80