Hertz to add Cadillac Lyriq & Chevrolet Silverado EVs to rental fleet

Hertz to add Cadillac Lyriq & Chevrolet Silverado EVs to rental fleet

Car rental major Hertz has announced that it will add thousands of Cadillac Lyriq luxury SUVs and the Chevrolet Silverado EV pickups to its fleet of all-electric rental vehicles in the near future. The announcement was recently made through a video featuring Hertz Chief Executive Officer (CEO) Stephen Scherr and General Motors CEO Mary Barra in a Cadillac Lyriq – a battery-electric mid-size luxury crossover.

Without providing an exact date as to when the two aforementioned all-electric vehicles will be available to Hertz customers, the video indicated that the Silverado EV 4WT will join Hertz's rental fleet in 2023-2024, and the Silverado EV RST will join sometime later.

An exact timeframe for the Cadillac Lyriq also remains unavailable, but considering the fact that the all-electric SUV is already in series production, it can be expected to join Hertz's fleet before the end of this year.

In the video, CEOs Scherr and Barra can also be heard discussing the automotive industry’s transition from internal combustion engines (ICEs) to all-electric powertrains. CEO Scherr also states in the video that Hertz is in the “first turn of the first lap" when it comes to EVs.

For her part, Barra states, “There is so much more to come with EVs. I'm super excited about the opportunity for people to have their first EV experience with Hertz, especially in a GM vehicle.”

The decision to add the Cadillac Lyriq luxury SUV and the Chevrolet Silverado EV pickup to the rental fleet shows Hertz’s commitment to electrify its fleet. The car rental company has signed some really significant purchase agreements with a number of EV makers, including Tesla, Polestar and General Motors.

In the month of September last year, Hertz said that it would order up to 175,000 EVs from General Motors over the period of next five years. It may be noted here that the Chevrolet, Cadillac, Buick, BrightDrop and GMC are the different brands of General Motors.

A few months back, Hertz said that it had 50,000 EVs in its rental fleet, which stands for nearly 10 per cent of the total number of rental vehicles that it operates. According to the company’s claims, it is just the beginning. Actually, Hertz aspires to build one of the world’s largest EV rental fleets, and GM EVs are obviously going to play a major role in the electrification of Hertz's fleet.