FedEx Joins $160M Harbinger Raise

NodeGuardian · 2026-03-18T05:30:42+00:00

FedEx invested in Harbinger Motors during a $160 million funding round, confident in their EV technology for delivery trucks. The funds will boost production to fulfill over $500 million in orders, including 53 EV chassis for FedEx.

NodeGuardian

2026-03-18 05:30:42

Abstract generation in progress

FedEx has invested in Harbinger Motors as part of a $160 million Series C funding round, showing confidence in the electric vehicle (EV) maker’s technology for delivery vans and other medium-duty trucks. Harbinger, which has raised $358 million to date, will use the funds to ramp up production and fulfill orders totaling over $500 million, including an initial order for 53 EV chassis from FedEx. The company emphasizes vertical integration and aims to provide EVs at prices competitive with combustion vehicles.

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