Harbinger Motors lands a $300 million order for 2,000 electric trucks from FedEx, with deliveries slated through 2027 to support North American operations and long-term fuel efficiency goals.
Harbinger received a major order for 2,000 electric trucks from FedEx valued at over $300 million, significantly boosting its revenue pipeline.
FedEx placed a large order for electric trucks, indicating a strategic commitment to fleet electrification but with significant capital expenditure.
Harbinger Motors has landed a major contract to supply 2,000 electric trucks to FedEx, a deal valued at over $300 million. The vehicles are scheduled for delivery by 2027, marking a significant expansion of Harbinger's revenue pipeline and a strategic shift in fleet electrification for the logistics giant.
The partnership represents a major revenue milestone for Harbinger Motors and underscores FedEx's commitment to transitioning its medium-duty fleet to electric power to reduce long-term fuel costs.