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Harbinger Secures $160M, FedEx Orders EVs

November 19, 2025, 9:49 am
Ironspring Ventures
Ironspring Ventures
Employees: 1-10
Founded date: 2019
Greycroft
Greycroft
PlatformFinTechDataHealthTechServiceSoftwareAdTechITTechnologyMobile
Location: United States, New York
Employees: 51-200
Founded date: 2006
THOR Industries, Inc.
THOR Industries, Inc.
BusinessFamilyITLearnLocalManufacturingOutdoorPageRecreationVehicles
Location: United States, Indiana, Elkhart
Employees: 10001+
Founded date: 1980
Harbinger, an American EV maker, just raised $160M in Series C funding. FedEx led the round and placed an order for 53 electric vehicles. The company will use the funds to expand its operations. This investment highlights the growing demand for American-made electric commercial vehicles.

Harbinger Accelerates EV Production with $160M Series C Funding, FedEx Orders 53 Vehicles


Garden Grove, CA – Harbinger, a manufacturer specializing in American-made medium-duty electric and hybrid vehicles, has announced a $160 million Series C funding round. This investment underscores the growing interest in sustainable transportation solutions and the increasing demand for domestically produced electric vehicles.

Key Investors and Funding Allocation


The Series C round was co-led by FedEx, Capricorn's Technology Impact Fund, and THOR Industries. Other participants include Ridgeline, Tiger Global, Leitmotif, Maniv Mobility, Schematic Ventures, Overture Climate, Ironspring Ventures, ArcTern Ventures, Litquidity Ventures, and The Coca-Cola System Sustainability Fund. The funding will be used to expand operations and support ongoing development efforts.

FedEx Places Significant Order


Alongside the investment, FedEx has placed an initial order for 53 Harbinger electric vehicles. The company is expected to receive chassis ready for upfit before the end of the year. This order demonstrates FedEx's commitment to electrifying its fleet and reducing its carbon footprint. The order consists of both Class 5 and Class 6 models.

Harbinger's Unique Approach


Harbinger differentiates itself by designing and manufacturing its electric vehicle stripped chassis in-house, within the United States. This vertically integrated approach allows the company to control costs, maintain quality, and ensure a reliable supply chain. Unlike some manufacturers who adapt existing combustion engine platforms, Harbinger has developed a purpose-built EV platform specifically for medium-duty applications.

Vehicle Features and Benefits


Harbinger's vehicles boast several key features:

* Modular battery options, enabling ranges from approximately 140 to over 200 miles.
* Competitive acquisition costs compared to traditional combustion vehicles.
* Independent front suspension for improved handling.
* High torque output (up to 13,400 pound-feet).
* Focus on driver comfort and advanced safety features.

These features, combined with the vehicles' durability and ease of service, make them an attractive option for commercial fleets. The advanced driver-assistance technologies, dynamic trajectory backup cameras, virtual bumpers, and acoustic vehicle alerting systems demonstrate Harbinger's commitment to innovation and safety.

Impact on the RV Industry


Harbinger's technology extends beyond commercial vehicles. THOR Industries recently unveiled the Entegra Coach Embark, a range-extended electric Class A motorhome built on Harbinger's chassis. The Embark offers up to 450 miles of range using a hybrid system that recharges the battery with a low-emissions gasoline range extender.

The Future of Medium-Duty EVs


Harbinger is well-positioned to capitalize on the growing demand for medium-duty electric vehicles. As more commercial fleets seek sustainable transportation solutions and reliable domestic manufacturing, Harbinger's innovative platform and commitment to American production should prove advantageous. The company's mission is to transform an industry that has seen limited technological advancement in recent decades.

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