TLDR Hardware · MISCELLANEOUS
FEDEX IS BUYING 2,000 ELECTRIC TRUCKS FOR $300M, AND INVESTING IN THE COMPANY BUILDING THEM
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.