Jeep maker Stellantis (STLA) said that Europe’s biggest car rental company, Germany-based Sixt, will purchase 250,000 Stellantis vehicles for use across Europe and in North America by 2026.

The move comes just weeks after Bloomberg reported Sixt told customers it would phase out its fleet of Teslas, citing a sharp decline in used electric vehicle (EV) prices, as well as higher maintenance costs and lack of demand. Just last week, Hertz (HTZ) announced it was slashing its EV fleet by one-third, citing similar reasons. 

Stellantis added the deal will have Sixt buying a wide range of its ve🌟hicles, including EVs. It noted the first significant volume of deliveries would take place in the first quarter and continue throughout the year.

Stellantis CEO Carlos Tavares said the agreement will give consumers the ability to try out the company’s vehicles, calling it the “ultimate test drive,” which he said is a “critical checkpoint for us in the upcoming years as St﷽ellantis transforms into a sustainable mobility tech company.”

Shares of Stellantis were down 3.1% at $21.60 per share as of about 2:20 p.m. ET Tuesday, while Tesla shares were up 0.6% at $220.09 per share.