TLDR Tech / Hardware
FedEx is buying 2,000 electric trucks for $300M, and investing in the company building them
FedEx ordered 2,000 Harbinger electric delivery trucks for $300 million, with delivery due before the end of 2027. FedEx also led the startup's $160 million Series C last year. Harbinger projects $20,000 in annual savings per truck against diesel, but those figures are estimates rather than measured fleet results.
Read the full story