SOURCE: The Hertz Corporation

The Hertz Corporation

May 25, 2011 10:30 ET

Hertz Global EV Expands to Washington, D.C.

Capitol Hill Staff and Residents Now Able to Drive the Cars of Tomorrow... Today

WASHINGTON, DC--(Marketwire - May 25, 2011) - The Hertz Corporation (NYSE: HTZ) announced today the expansion of its Global EV initiative to Washington, D.C., adding all electric (EVs) and plug-in hybrid electric (PHEVs) vehicles, including the Chevy Volt and Nissan LEAF to its Union Station fleet. Hertz is making the next generation of electric vehicles available to members of Congress, employees on the Hill, and the general public through its car sharing operation and, starting today, drivers can go to the Hertz location at Union Station or visit www.connectbyhertz.com to be among the first to try an EV.

"As the leading provider of mobility solutions, we are able to offer the best car sharing program in the world, a no-fee program that allows members to use a car on a one-way basis, including access to electric vehicles on a global scale," commented Mark P. Frissora, Hertz Chairman and Chief Executive Officer. "Washington, D.C., a major transportation hub in the northeast corridor, is a natural city for Hertz Global EV, and we look forward to helping move the 'electrification of transportation' dialog from policy to practice in D.C.; building awareness and interest in EVs and PHEVs among the city's residents."

The EV and PHEV Hertz fleet in Washington, D.C. will serve a testing ground for consumers as automakers ramp up production to achieve the goal of becoming the first country to have 1 million EVs on the road by 2015. The first vehicles will be located at Union Station, blocks from Capitol Hill and ideal for visitors commuting to the city for work or play.

"This is an opportunity for policy makers to experience first-hand the capabilities and pleasure of driving advanced EV vehicles," said Rep. Jay Inslee, a leader on clean energy and innovation. "EV vehicles are paving the way for our clean energy economy and will help foster our nation's energy independence."

To book an available EV, consumers must sign up for a free Hertz car sharing membership at www.connectbyhertz.com. Hertz car sharing has approximately 30,000 members and is available in six countries and on 54 university campuses. The car sharing service offers its members products and services that are unmatched in the car sharing industry. Recently announced U.S. member benefits include the elimination of all membership fees, guaranteed vehicle availability Monday through Thursday, increased vehicle options, and an enhanced member website.

Hertz is also the only major car sharing source to provide a 24/7 member care center, as well as proprietary in-car technology connecting members to the care center and other leading edge applications. The company also recently announced a significant expansion of its one-of-a-kind "one-way" program for car sharing members, which includes Hertz's Union Station location.

Hertz plans to deploy of EVs and PHEVs in both the U.S. and other countries throughout 2011. As the world's largest general-use airport car-rental brand, Hertz is uniquely positioned to introduce multiple groups of consumers -- urban drivers, university students, travelers and corporations -- to all-electric and plug-in hybrid vehicles. As part of its strategy, Hertz is forming partnerships with automakers, charging station providers, municipalities, NGOs, corporations and other stakeholders. To date, the company has ordered vehicles from GM, Nissan, Toyota, and Mitsubishi, and has signed an agreement with NRG Energy Inc. to support development of a charging infrastructure and services for electric vehicles (EV) in Texas.

During the next several months, Hertz Global EV will leverage the company's rental and car sharing locations as bases for vehicles and charging stations, and tap into its technology -- including sophisticated fleet management tools and the consumer-facing NeverLost GPS system -- to help form an EV grid.

For more information, visit www.hertz.com or www.connectbyhertz.com.

About Hertz car sharing
Hertz car sharing has more than 700 vehicles and more than 200 locations worldwide, including corporate offices and universities. Hertz car sharing offers vehicles equipped with Eileo® technology, and benefits covered by the competitive hourly rate include gas, insurance, GPS turn-by-turn navigation, 24/7 roadside assistance, 24-hour Member Care Center communication, and, in the US, 180 free miles per day. For more information, visit www.connectbyhertz.com or call Member Care Services at 877-654-4400.

About Hertz
Hertz is the largest worldwide airport general use car rental brand operating from more than 8,500 locations in 146 countries worldwide. Hertz is the number one airport car rental brand in the U.S. and at 83 major airports in Europe, operating both corporate and licensee locations in cities and airports in North America, Europe, Latin America, Asia, Australia and New Zealand. The Company also has licensee locations in cities and airports in Africa and the Middle East. Product and services such as Hertz #1 Club Gold®, NeverLost® in-car GPS system, SIRIUS XM Satellite Radio, and unique cars and SUVs offered through the Company's Prestige, Adrenaline and Green Traveler Collections, set Hertz apart from the competition. The Company also operates the Advantage car rental brand at 26 airports in the U.S. And, Hertz operates one of the world's largest equipment rental businesses, Hertz Equipment Rental Corporation, offering a diverse line of equipment for rent, including tools and supplies, and new and used equipment for sale, from approximately 325 branches in the United States, Canada, China, France, Spain, Italy and Saudi Arabia.