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Enterprise Holdings Expands Electric Car Offering

Enterprise Holdings Brand LogosEnterprise Holdings, which owns and operates the Enterprise Rent-A-Car, Alamo Rent A Car and National Car Rentals brands, has announced that it will expand its offering of electric cars. The group combined already owns more cars than any of its rivals in America. The announcement was made at the National Summit on Energy Security in the US capital of Washington, D.C.

Enterprise Holdings chairman and chief executive Andy Taylor said that they are finally getting a number of electric vehicles in their fleet. He insists the company will buy electric cars with or without incentives from the government, as consumers want them and their staff is excited with the new technology. Their philosophy is that this is coming, regardless of tax incentives. It should come, and they should help it. If they don’t make money on electric car hires for years, then that’s fine, he continued, as they will eventually make money. The group doesn’t have to worry about making it from quarter to quarter.

The group has 500 Nissan Leaf models, which is 12.5% of the 4,000 units the carmaker has sold so far. However, the number of electric cars the rental firm owns is only a small portion of the more than 1 million vehicles it owns across its brands.

In an email, Enterprise Holdings head of sustainability Lee Broughton said that they have about 80 electric vehicles and nearly a dozen Chevrolet Volts. They will have many hundreds of electric cars by the end of the calendar year and definitely more Volts if they are able to obtain them. They also anticipate having more Mitsubishi i-MiEVs, while there are a dozen Peugeot iOns currently in London. The group also has a charging station infrastructure in the locations where the electric vehicles are available to customers.

Broughton continued that this is an opportunity for consumers to rent the future for a test drive, out of curiosity or as a fuel-efficient hire. They can connect motorists with electric car technology where they work and live, using the group’s large network of neighbourhood locations.

Due to Enterprise Holdings’ sustainable technology focus, it has joined the Electrification Coalition and the ‘Clean Cities’ National Clean Fleets Partnership launched by the US Department of Energy. The group is also heavily investing in alternative fuel and vehicle technology – dedicating $25 million for the establishment of the Enterprise Rent-A-Car Institute for Renewable Fuels at the Donald Danforth Plant Science Center, a leading research institute in the US; along with investing in the use of biodiesel in shuttle buses at airports. Additionally, the group has taken steps to operate more sustainably – saving $50 million by cutting energy use and other costs 20% over the next 5 years; investing $150 million on sustainable construction; and integrating renewable energy sources into operations.

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