KEY INDUSTRY PLAYERS

Hertz Corporation focuses on electrifying its fleet to increase its market share.

Hertz Corporation is an American car rental company headquartered in Florida. It operates in nearly 12,000 locations, both in the United States and internationally, in 160 countries. Hertz operates in North America, Europe, Latin America, Africa, Asia, Australia, the Caribbean, the Middle East and New Zealand. Hertz Corporation operates under the Firefly Car Rental, Thrifty Car Rental, and Dollar Rent a Car brands. It has a vast fleet and seeks to expand its operations in developing economies through mergers and acquisitions.

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February 2024 – Sime Darby Auto Bavaria has entered into a partnership with Sime Darby Rent-A-Car (SDRAC)-Hertz Malaysia to launch an electric vehicle (EV) rental service. The service will offer the all-electric BMW iX, with rental prices starting at approximately $150 per day and $1,300 per month.

January 2024 – Driverso, known as the world’s first luxury car rental platform, has expanded its business to the EMEA region. It is recognized as one of the most prestigious rental companies, with availability of premium brands such as Audi, BMW, Land Rover, Maserati, Mercedes-Benz, Ferrari, Porsche, and Lamborghini.

January 2024 – SKIL Cabs introduced ELECTRIC CAR RENTAL as part of its ever-expanding service portfolio. With this, the company takes an important step in implementing decarbonization strategies through innovative changes in its business. This landmark initiative will revolutionize the ride-hailing landscape in India and play a key role in promoting sustainable and eco-friendly travel options.