Coda Automotive signs Hertz deal that offers EV rental options

Article by Christian Andrei, on November 23, 2010

Coda Automotive inked a deal to provide electric vehicles at Hertz locations in Southern California beginning next year. Just last week, Coda had announced that it will delay the introduction of its all-electric sedan until the second half of 2011. Coda will ship a batch (of an undisclosed number) of its sedans to Hertz, which has agreed to add 100 all-electric Nissan Leafs to its fleet.

The deal is expected to help measure consumer interest and bring the commercialization of electric vehicles a step further. Hertz and other fleet owners in California could get up to $20,000 in tax incentives for zero emission commercial vehicles.

In addition, EV buyers get rebates between $2,500 and $7,500 from the federal government. In a statement, Coda CFO Mark Jamieson said that the 100% electric Coda was created to meet the needs of “most Americans with dependable, all-season range and fast, convenient charging.”

Jamieson added that Hertz, which boasts of having one of the world's largest rental car fleets, is in the position to push the adoption of all-electric vehicles and its infrastructure.

According to Hertz CEO Mark Frissora, the agreement with Coda will help Hertz fulfill its goal of electrifying its fleet. Frissora also said that the Coda sedan stands for a solution to achieving zero emissions – a feat that many customers will consider appealing.

Frissora added that companies such as Coda Automotive are in line with Hertz’s vision to “provide tomorrow's driving solutions to consumers today.” [via autonews - sub. required]

Topics: electric car, hertz

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