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Hertz & BP Acceleration Program
What you should knowWritten by Faith Foushee
Edited by Hannah Hillson
Last updated 03/27/2023
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Key Points
- Hertz and BP are collaborating to provide an EV charger network at Hertz locations.
- Hertz is adding thousands of EV rental options.
- BP pulse is expanding its public charging network to the U.S.
Throughout the country, companies are encouraging the adoption of electric vehicles (EVs) to support a healthier environment and slow climate change. Companies like Uber have set ambitious goals for zero missions. BP, the oil and gas company, has set the goal for net zero emissions by 2050 or sooner. To reach their ambitious goal, BP is collaborating with Hertz, the rental car company, to install a national EV charging network. Learn more about the collaboration and what it means for you.
Hertz and BP collaboration overview
BP Pulse is a charging network by BP offering lower carbon emission solutions in convenient areas, such as Hertz rental car locations. In September 2022, BP and Hertz announced their collaboration to accelerate EV adoption and charging in North America. BP has plans to install fast charging stations at Hertz locations in cities such as Atlanta, Houston, New York City, and more.
BP is investing $1 billion to create an EV charging network of 100,000 stations by 2030. The company’s plans in North America start with the first BP Pulse gigahub at the Los Angeles International Airport (LAX) Hertz location. The strategic placement is part of the company’s strategy to offer convenient EV charging options for taxi and rideshare drivers, rental customers, and the public.
Convenient EV charging stations
Rental car locations, like Hertz, are usually located a short distance from the airport for convenient access to travelers. Public charging stations for EVs are often located at gas stations near major highways. Airport adjacent charging locations create a great opportunity to receive traffic from arrivals and departures.
As EV sales increase, the need for charging infrastructure also increases. The Hertz and BP collaboration supports EV adoption by offering easy access to chargers, especially for Hertz EV rentals. So far, the companies have not released specific rates for charging but aim to keep costs affordable. The gigahub locations will provide similar one-stop-shop amenities as traditional gas stations, such as restrooms, snacks, and drinks.
EV incentives
As part of nationwide climate goals, the federal government also encourages EV adoption. The Inflation Reduction Act (IRA) established the Clean Vehicle Credit, offering $7,500 on your next filed tax return for all-electric, some plug-in hybrid, and hydrogen-powered vehicles. Review our EV federal tax credit guide to determine if your EV qualifies.
SaveOnEnergy provides several resources to learn how EVs work and financing options to support your electrification journey. Learn more about EV maintenance and what to know before buying a used EV.
Frequently asked questions
Hertz offers a selection of rental EVs depending on your location, including vehicles from Tesla and Polestar.
Yes and no. Some venues, such as Whole Foods or corporate offices, offer free public charging stations. These chargers often provide Level 2 charging charging. Fast charging stations and networks require payment through a subscription fee or a price for the consumed electricity.
Yes, you can install level 1 and 2 EV chargers at home. Level 1 takes between 40 and 50 hours to fully charge an EV and five and six hours to charge a plug-in hybrid electric vehicle (PHEV). Level 2 is faster but may require hiring a technician to install a 240-volt power outlet. Level 2 chargers take four to ten hours to fully charge an EV and one to two hours for a PHEV.