EVgo Inc And Hertz Global Holdings Partner To Offer EV Renters One Year of Special Charging Rates
Portfolio Pulse from Benzinga Newsdesk
EVgo Inc has partnered with Hertz Global Holdings to provide electric vehicle renters with one year of special charging rates. This collaboration aims to enhance the EV rental experience by offering more accessible and affordable charging options, potentially increasing the adoption of EV rentals.
November 17, 2023 | 12:10 pm
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POSITIVE IMPACT
EVgo's partnership with Hertz could lead to increased usage of its charging network, potentially improving revenue prospects and customer base growth.
The partnership with Hertz is likely to increase the utilization of EVgo's charging network as more renters will be incentivized to use their services due to the special rates. This could lead to higher revenues and an expanded customer base in the short term.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Hertz's collaboration with EVgo may enhance its competitive edge in the rental market by offering attractive charging rates, potentially leading to increased EV rentals.
By partnering with EVgo, Hertz is likely to attract customers looking for convenient and cost-effective EV rental options. The special charging rates could make Hertz a more appealing choice for renters, possibly leading to an increase in rental frequency and customer loyalty.
CONFIDENCE 75
IMPORTANCE 65
RELEVANCE 80