This is a very important move for the Electric Cars mass market. After GE has announced its program to purchase 25,000 Electric Cars and started electrification of the commercial fleet, we have Hertz Global EV which will open driving experience of electric cars for the mass market. Thousands of people will be able to test drive different EVs in the real world. Nissan Leaf, GM Volt, Coda Sedan, Mitsubishi i-Miev, Smart Fortwo will get an exposure in New York and later across the U.S. in 2011. We are moving forward, finally, with Electric Cars hitting the roads.
On the Hertz website we can see even Tesla Roadster! Pricing approach arranged by Hertz now could become a market maker here very fast:
"If you’re not familiar with Connect by Hertz, it’s essentially the rental car juggernaut’s answer to Zipcar, Flexcar and other car sharing services. Users pay a fee, either monthly or annually, for access to a fleet of urban runabouts they can borrow for as little as $8.50 an hour. Using a car with a cord won’t cost you any more than the gasoline models."
On the Hertz website we can see even Tesla Roadster! Pricing approach arranged by Hertz now could become a market maker here very fast:
"If you’re not familiar with Connect by Hertz, it’s essentially the rental car juggernaut’s answer to Zipcar, Flexcar and other car sharing services. Users pay a fee, either monthly or annually, for access to a fleet of urban runabouts they can borrow for as little as $8.50 an hour. Using a car with a cord won’t cost you any more than the gasoline models."
"Catalyst: This year we have a staggering number of reports and warnings on the looming Peak Oil Situation. It takes time for reality to settle in, particularly, when nobody knows what to do with it. We have put REE in the headline and only few months ago we would have to explain, what is it all about - now suddenly everybody is talking about REE and stocks involved in Rare Earths are all making new highs. It takes a crisis for us to realise that fundamentals are driving the real trends. Sudden realisation that China controls more than 90% of REE market and their reserves maybe will last only for another twenty years, created the catalyst in the market place. What will it take to realise that we are running out of cheap oil? Another crisis?
We are talking here about the powerful mega trend Inflation multiplied by Peak Oil situation - we have to move and readjust our society. Our Energy diet is not sustainable any more. We are lucky in a sense that there is technology available to us to survive the Oil Shock if we will all move fast - Electric Cars. It is our Next Big Thing and at the heart of this disruptive technology lie strategic commodities: REE and Lithium."
The sector is very small - now is the time to find and pick up value among the hype, backed by strong shareholders and based on solid portfolio of Lithium and REE properties. Headlines from China, Jim Puplava and James Dines are moving REE into the mainstream in the investment space now and Lithium will get its recognition one day as well. Only few companies left without strategic investors in the sector, when even only this catalyst can bring the transformation to the junior from a holding company into actively pushing into production developer. It will bring multiples to the dormant valuation.
We will provide some links for the further homework here:
We are talking here about the powerful mega trend Inflation multiplied by Peak Oil situation - we have to move and readjust our society. Our Energy diet is not sustainable any more. We are lucky in a sense that there is technology available to us to survive the Oil Shock if we will all move fast - Electric Cars. It is our Next Big Thing and at the heart of this disruptive technology lie strategic commodities: REE and Lithium."
The sector is very small - now is the time to find and pick up value among the hype, backed by strong shareholders and based on solid portfolio of Lithium and REE properties. Headlines from China, Jim Puplava and James Dines are moving REE into the mainstream in the investment space now and Lithium will get its recognition one day as well. Only few companies left without strategic investors in the sector, when even only this catalyst can bring the transformation to the junior from a holding company into actively pushing into production developer. It will bring multiples to the dormant valuation.
We will provide some links for the further homework here:
WIRED:
Hertz Is Betting Big On Cars With Cords
NEW YORK — If you’re among the tens of thousands of people waiting for a Chevrolet Volt or Nissan Leaf, Hertz might be able to get you some seat time in one before the dealers. The world’s largest auto rental outfit said New York will be the first market in its global initiative to bring plug-in hybrids and battery electric vehicles to the Connect by Hertz global car sharing operation.
Hertz is getting behind cars with cords in a big way, offering them customers in New York on Dec. 15 and in San Francisco before long. More will be added through 2011. Although Enterprise also plans to roll out some electrics, Hertz claims it is the first to provide such cars in rental and car-sharing programs.
“Hertz is the first to provide consumers with electric vehicle access on a global scale,” Mark P. Frissora, chairman and CEO, said as the company made its announcement in Times Square. “By introducing EVs in New York, Washington and San Francisco, we’re the first to make tomorrow’s driving experience available to consumers today and we look forward to continue building out our EV platform, making electric mobility a reality for consumers worldwide.”
If you’re not familiar with Connect by Hertz, it’s essentially the rental car juggernaut’s answer to Zipcar, Flexcar and other car sharing services. Users pay a fee, either monthly or annually, for access to a fleet of urban runabouts they can borrow for as little as $8.50 an hour. Using a car with a cord won’t cost you any more than the gasoline models.
Rental and car sharing locations will serve as home base for the vehicles and their charging stations and tap into Hertz’s fleet management tools, customer navi systems and other tech to help form an EV network and charging infrastructure.
Beyond working with the likes of Nissan and General Motors — both of which begin delivering theNissan Leaf and Chevrolet Volt this month — and reaching out to startups like Coda Automotive, Hertz is teaming up with charging station providers, city governments and others to make this plan work.
Mitsu all promise electrics by 2013.) It is working closely with Texas energy giant NRG, which plans to blanket Houston with public charging stations.
We know what you’re thinking, and, no, people will not be running extension cords from their hotel rooms to the parking lot. Hertz tells us that people expected to rack up a lot of miles on their rentals will get a conventional car or, when inventory allows, a plug-in hybrid like the Chevrolet Volt. The electrics will be for car-sharing or short hops.
By tapping its network of 200 car-sharing and 8,500 car rental sites in 146 countries, Hertz can put a whole lot of EVs on the road in very little time. That will provide a market for the cars — spurring automakers to build more of them — and let the public see and experience them. It also creates further incentive for companies like NRG, Ecotality and Coulomb Technologies to roll out more charging infrastructure.
Photo of a Nissan Leaf being ogled during the Hertz announcement in Times Square: Hertz
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1 comment:
Hertz car rental doesn't just offer diesel powered cars but electric cars as well as proven in this blog post.
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