TLDR Hardware · MISCELLANEOUS

FEDEX IS BUYING 2,000 ELECTRIC TRUCKS FOR $300M, AND INVESTING IN THE COMPANY BUILDING THEM

thenextweb.com3 min read

Summary from the TLDR Hardware newsletter

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.