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FedEx Orders 2,000 Electric Trucks from Harbinger in $300 Million Deal
Original: Harbinger Receives Order for 2,000 Electric Trucks from FedEx valued at over $300 Million
Harbinger has received an order from FedEx for 2,000 electric medium-duty trucks, a deal valued at more than $300 million. The order is one of the larger commercial commitments for electric trucks in the US market and signals FedEx's continued push to electrify its delivery fleet. It also represents a major validation for Harbinger as it scales up production of its electric vehicle platforms.
Why now: A major fleet operator placing a large electric truck order is significant news for the commercial vehicle and EV industries.
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Evidence
- Harbinger Receives Order for 2,000 Electric Trucks from FedEx valued at over $300 Million · PR Newswire
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