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FedEx Orders 2,000 Electric Trucks from Harbinger

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Insights by Echo AI

FedEx has placed an order for 2,000 electric trucks from startup Harbinger in a deal worth over $300 million. This is Harbinger's largest order to date and comes as the company is reportedly considering an IPO. The electric trucks will replace diesel pickup and delivery vehicles on a one-for-one basis in the U.S. and Canada, with fuel savings projected at $20,000 per truck annually.

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5 Sources

  1. TechCrunch avatar

    TechCrunch

    RSS / @techcrunch.com/rss

    FedEx orders 2,000 electric trucks from Harbinger in $300M deal The or...

  2. Wall St Engine avatar

    Wall St Engine

    X / Twitter / @wallstengine

    FedEx ordered 2,000 electric trucks from startup Harbinger in a $300 m...

  3. Bloomberg (business) avatar

    Bloomberg (business)

    X / Twitter / @business

    Harbinger will deliver 2,000 all-electric trucks to FedEx in a deal wo...

  4. Next Web avatar

    Next Web

    RSS / @thenextweb.com/rss

    FedEx is buying 2,000 electric trucks for $300M, and investing in the...

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