Hyperdrive
Hertz Partners With BP to Build Out Electric Car Charging Network
- Car-rental company is expanding its fleet of electric vehicles
- BP seeks growth in its charging business after buying Amply
This article is for subscribers only.
Hertz Global Holdings Inc. is linking up with oil giant BP Plc to build out a network of charging stations in the US, a move to help bolster the country’s electric-vehicle infrastructure.
The two companies’ memorandum of understanding, announced Tuesday, aligns Hertz with BP’s goal of operating more than 100,000 chargers by 2030, 90% of which it says will be fast-charging.