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FedEx Orders 2,000 Harbinger Electric Trucks in $300 Million Deal

FedEx has placed a $300 million order for 2,000 electric medium-duty trucks from Harbinger, a maker of electric commercial vehicles. The deal marks one of the larger commitments to electrifying a delivery fleet and signals growing commercial demand for electric trucks. Industry observers are highlighting what it means for fleet electrification and for Harbinger's standing in the freight market.

Why now: A major logistics company committing hundreds of millions to electric trucks is significant news for fleet electrification and the commercial EV industry.

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