Hertz First to Trial Wireless EV Recharging

(3BL Media / theCSRfeed) Park Ridge, NJ - February 8, 2012 - The Hertz Corporation (NYSE:HTZ) and Hertz Global EV are implementing the first wireless charging system for electric vehicles (EVs) in the car rental industry.    Hertz has the most diverse fleet of EVs for both rental and carshare. 

“Hertz is committed to its Global EV program, introducing electric vehicles into our rental fleet on three continents – North America, Asia and Europe,” commented Mark P. Frissora, Hertz Chairman and Chief Executive Officer. “We’re excited to participate in Plugless Power’s pilot program so that we can be on the ground floor of this new technology; learning key findings about EV wireless charging. As we move forward our goal is to have a variety of charging options for EV customer use, aligned with the charging equipment installed by EV manufacturers.”   The trial, the first of its kind in the world, will help to establish the United States as the EV market leader. The trial will follow Hertz, and leaders from five other industry segments, as they trial Plugless Power systems on their own electric vehicles. Participants will provide feedback on daily usage routines, user interfaces, and any additional functionality needed.  The Plugless Power system is supplied by Evatran based in Virginia.   Installation at Hertz’s corporate headquarters will be completed in February 2012.   Hertz is the first car-rental company to deploy EVs and PHEVs (plug-in hybrid electric) on three continents -- in the U.S. (available to the public in New York, Washington, D.C. and San Francisco), the U.K. (available in London), and China (available in Shanghai).  As the world’s largest airport general-use car-rental brand, Hertz is introducing multiple groups of consumers – urban drivers, university students, travelers and corporations – to all-electric and plug-in hybrid vehicles. As a result, the company is forming partnerships with automakers, charging-station providers (e.g., GE), municipalities, non-governmental organizations, corporations and other stakeholders to make EVs easily accessible to consumers.   Hertz plans to increase its global EV presence by deploying vehicles in other countries in the coming months. Hertz Global EV will continue to 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 consumer-facing GPS systems, including Hertz NeverLost in the U.S. – to help form an EV grid.    Plugless Power™, developed by Evatran™, is the first electric vehicle (EV) charging system on the market to offer customers a simple way to charge their EVs with the ease of hands-free technology. Utilizing inductive power transfer, which has been used in electrical transformers for more than 100 years, Plugless Power streamlines the charging of electric vehicles by eliminating the cord and the plug. In addition to aftermarket distribution, Evatran is currently working with automotive manufacturers to integrate the Plugless Power technology into mass-market EVs as a factory or dealership option. For more information, visit www.pluglesspower.com.   About Hertz   The Hertz Corporation -- a subsidiary of Hertz Global Holdings, Inc. -- is the world's largest general use car rental brand, operating from approximately 8,000 locations in approximately 150 countries worldwide. Hertz is the number one airport car rental brand in the U.S. and at 94 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. In addition, the Company has licensee locations in cities and airports in Africa and the Middle East. Product and service initiatives such as Hertz #1 Club Gold(R), NeverLost(R) customized, onboard navigation systems, SIRIUS XM Satellite Radio, and unique cars and SUVs offered through the Company's Adrenaline and Green Traveler Collections, set Hertz apart from the competition. In 2008, the Company entered the global car sharing market in London, New York City and Paris. Hertz also operates one of the world's largest equipment rental businesses, Hertz Equipment Rental Corporation, offering a diverse line of equipment, including tools and supplies, as well as new and used equipment for sale, to customers ranging from major industrial companies to local contractors and consumers from approximately 320 branches in the United States, Canada, France, Spain, Italy, China and Saudi Arabia, as well as through its international licensees.  

To make car rental reservations or for more information, customers can call their travel agent, or call Hertztoll-free at 1-800-654-3131. Information and reservations are also available on the web at www.hertz.com.

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