A beta group is testing Joulez’s Tesla rentals as the company works to finish its mobile app for booking. Logo courtesy of Joulez With an eye on facilitating the transition to electric vehicles a new EV rental car company, Joulez, has launched. Joulez is a New York-based web and mobile rental car platform. A Nov. 2 announcement states that the company… Continue reading New EV Rental Car Company, Joulez, Launches
Author: Auto Rental International Online News
Parsing Hertz’s Big EV Bet
Given the ease to consumers of using an Uber, car rental companies were forced to up their game. Hertz’s deal with Tesla helps its need to restock fleet post pandemic, and garnered much positive press. Photo by Charlie Deets on Unsplash The rental car and electric vehicle worlds have been abuzz with the announcement of a “deal” between Hertz… Continue reading Parsing Hertz’s Big EV Bet
CarTrawler Adds Fabrizio Ruggiero to Board
Fabrizio Ruggiero joins execs from British Airways and JetBlue to CarTrawlers board of directors. Photo via CarTrawlers CarTrawler, provider of car rental and mobility solutions to the global travel industry, announces Fabrizio Ruggiero will join its board of directors. Ruggiero brings 15 years of auto industry experience, including serving as CEO of Edenred Italia and former deputy… Continue reading CarTrawler Adds Fabrizio Ruggiero to Board
Lightning eMotors Partners with Siemens to Offer Level 2 Charging Stations
Siemens VersiCharge AC series chargers include 4G, WiFi and OCCP functionality and have been tested to work reliably with Lightning eMotors’ vehicles. Photo: Siemens Lightning eMotors (NYSE: ZEV), a provider of all-electric powertrains and medium-duty and specialty commercial electric fleet vehicles, announced Nov. 2 it is offering offers Siemens AG’s German-engineered Level 2 electric-vehicle chargers… Continue reading Lightning eMotors Partners with Siemens to Offer Level 2 Charging Stations
Ford and Newlab Announce Startups to Pilot New Electric Vehicle Tech
Ford Motor Company and Newlab, a community of experts and innovators applying transformative technology to solve the world’s biggest challenges, recently announced the five startups that will participate in the inaugural cohort of the Mobility Studio—a new program focused on supporting the advancement of technologies, product collaborations, and business models that drive a cleaner transportation future. The… Continue reading Ford and Newlab Announce Startups to Pilot New Electric Vehicle Tech
Avis’s Third Quarter Income Best in History
Avis’s revenue of $3 billion for the quarter was 9% above the third quarter 2019. Photo by Atomic Taco/flickr Avis Budget Group Inc. posted $3 billion in revenues for the third quarter of 2021, the company reported on Nov. 1. That total almost doubled the covid-affected prior year and was also 9% above the third… Continue reading Avis’s Third Quarter Income Best in History
Hertz Reports Strong Q3 Results
After a string of recent announcements, deals, and leadership changes, Hertz’s finanial results are also showing the company’s upward trajectory. Image via Hertz Hertz Global Holdings announced its financial results for the third quarter of 2021, which include total revenues of $2.2 billion. Hertz’s announcement on Oct. 28 says the results reflect the continued rebound in leisure travel and tight… Continue reading Hertz Reports Strong Q3 Results
BREAKING: Donlen and Wheels to Merge
Athene is the primary stakeholder in the new company. Athene Athene, an industry-leading financial services company, is now the new primary stakeholder in a merger between Wheels, Inc. and Donlen, LLC. The two companies represent a highly complementary merger and will allow a single entity to offer enhanced mobility solutions and products across some of… Continue reading BREAKING: Donlen and Wheels to Merge
Lyft Releases Safety Report
Over 99% of Lyft rides had no reported safety incidents, the study reports. Photo via www.quotecatalog.com/Flicker Between 2017 and 2019, Lyft received reports of over 4,000 instances of sexual assault on its ride-hailing platform, according to data in the company’s safety report. The incidents were reported directly to Lyft, brought to attention through law enforcement, or identified… Continue reading Lyft Releases Safety Report
Hertz Prepares for New Nasdaq Listing
The public offering should commence in Q4 2021. Hertz will trade under its old symbol HTZ. Photo via Enjosmith/Flickr. Hertz Global Holdings, Inc. announced on Oct. 15 that it has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) relating to a proposed public offering of its common stock. The news comes shortly after the… Continue reading Hertz Prepares for New Nasdaq Listing