Hertz Agrees to Buy 65,000 Electric Vehicles From Polestar

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Hertz Agrees to Buy 65,000 Electric Vehicles From Polestar
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Hertz says it will buy 65,000 electric vehicles from Polestar over five years as part of the rental-car company’s goal to expand its plug-in vehicles

Five-year car purchase agreement is part of rental-car company’s goal to expand lineup of plug-in vehicles

With gas prices on a wild ride, many consumers are exploring whether buying an electric vehicle could save them money in the long run. WSJ’s George Downs breaks down four factors to consider when buying a new car. Photo composite: George DownsInc. agreed to purchase up to 65,000 electric vehicles over five years from the Swedish auto maker Polestar, part of the rental-car company’s goal of expanding its plug-in offerings.

The rental-car industry, long a big bulk purchaser of new models in the car business, is increasing efforts to add more battery-powered vehicles to fleets.

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