From EVwire · Simon Alvarez · · 1m
Harbinger lands 2,000-truck FedEx order
Harbinger secures $300m deal for 2,000 electric trucks with FedEx.
In brief
Harbinger secures $300m deal for 2,000 electric trucks with FedEx. Harbinger has signed a $300 million order for 2,000 electric trucks with FedEx, its largest deal to date. Originally reported by EVwire.
Harbinger lands 2,000-truck FedEx order
Harbinger has landed a 2,000-truck FedEx order worth over $300 million, its biggest deal to date.
Delivery routes shift to electric
The order eliminates diesel pumps for 2,000 delivery routes, marking a major shift in fleet operations.
FedEx partnership details
FedEx has backed Harbinger through a $160 million Series C funding round and 53 trucks from an earlier order.
Fuel savings calculation
A diesel truck covering 100 miles daily burns $32,760 yearly at $8.40 per gallon, while electric saves $26,266 annually.
CEO's fuel savings math
Harbinger CEO John Henry Harris calculated electric trucks save $26,266 per truck yearly before maintenance costs.
FedEx sustainability commitment
FedEx says Harbinger helps it meet sustainability goals by expanding its electric fleet through this partnership.
The headline
Harbinger has signed a $300 million order for 2,000 electric trucks with FedEx, its largest deal to date.
