FedEx has ordered 2,000 all-electric trucks from Harbinger in a deal valued at more than $300 million, expanding the delivery company's use of Harbinger vehicles in North America.

Harbinger plans to build and deliver the vehicles by the end of 2027 for deployment across FedEx pickup and delivery operations in the United States and Canada. The order includes a mix of models from Harbinger's electric vehicle lineup and follows an earlier deployment of Harbinger vehicles within the FedEx network.

The order also follows FedEx's participation as a co-lead investor in Harbinger's $160 million Series C funding round.

Electric Trucks to Replace Conventional Vehicles

FedEx plans to use the Harbinger trucks as one-for-one replacements for conventional vehicles as part of its fleet electrification efforts.

“Electrifying a fleet at this scale requires vehicles that can perform the work our robust operations demand while also delivering meaningful economic benefits,” said Paul Melander, senior vice president of safety and transportation at FedEx and a member of Harbinger's board of directors. “Expanding our deployment of Harbinger vehicles gives us an opportunity to continue making progress toward our fleet electrification goals while reducing fuel and operating costs.”

Harbinger designs its vehicles for a 20-year service life, which the company said is consistent with the typical operating life of Class 5 and 6 medium-duty trucks.

The company estimates that each electric truck could reduce fuel costs by an average of $20,000 annually compared with the diesel vehicle it replaces. Based on those estimates, Harbinger projects the 2,000-truck deployment could reduce fuel expenses by approximately $40 million annually and $800 million over 20 years.

Those figures are Harbinger estimates and will depend on factors including vehicle utilization, energy and fuel prices, duty cycles and operating conditions.

FedEx Expands Electric Fleet Deployment

Harbinger CEO and co-founder John Harris said the previous deployment gave FedEx operating experience with the company's vehicles before placing the larger order.

“Our previous work together gave FedEx firsthand experience with the performance and economic advantages Harbinger vehicles can deliver,” Harris said.

Vinay D'Souza, senior vice president of global assets and infrastructure at FedEx, said the order will support the company's broader fleet strategy.

“This order with Harbinger helps us advance that transition, allowing us to build a more modern, efficient, and intelligent fleet that meets the evolving needs of our customers, our team members, and our global operations,” D'Souza said.

Harbinger also estimates that replacing 2,000 diesel trucks with its electric models could avoid more than 1.7 million tons of CO2 emissions over the vehicles' operating lives, based on Department of Energy data.

The vehicles feature a 42-foot turning diameter, along with driver-assistance technology and suspension and handling systems designed for commercial applications.

Harbinger expects to complete production and delivery of all 2,000 vehicles within approximately 18 months. Kaizen Automotive Group, Harbinger's Canadian dealer, will support the Canadian portion of the deployment.