Raw: [
Electric truck manufacturer Harbinger announced that it has received an order from global delivery giant […]]
FedEx Signs $300 Million Electric Truck Deal with Harbinger – ESG Today
ESG Investing, sustainable finance & business sustainability news
LinkeIn
ESG investing news, analysis, research and information
Top Stories ESG News
Companies
Government
Investors
Regulators
Sustainable Finance
ESG Solutions ESG Tools, Services
Companies Companies
Investors Investors
ESG Disclosure ESG Reporting
Analysis
Regulators
Reports, Studies
Newsfeed
Resources
Events
About About us
Our Team
Advertise With Us
Companies/ Energy Transition
FedEx Signs $300 Million Electric Truck Deal with Harbinger
Kenny Fisher
October 1, 2026
Electric truck manufacturer Harbinger announced that it has received an order from global delivery giant FedEx for 2,000 of its all-electric trucks, with a total order value exceeding $300 million, marking one of the largest binding orders for electric medium- or heavy-duty trucks in history.
The vehicles are planned for delivery by the end of 2027 and will be deployed across FedEx pickup and delivery operations in the U.S. and Canada, replacing the company’s conventional fleet vehicles, and supporting its electrification strategy.
Founded in 2021, California-based Harbinger designs and manufactures chassis for electric commercial and specialty vehicles, designed to support all of popular medium-duty body types, including commercial walk-in vans, recreational vehicles, box trucks, and others. The company’s proprietary electric platform, the electric vehicle stripped chassis, includes all major vehicle systems, which it designs and manufactures in-house in the U.S., aimed at keeping costs down and pricing its EVs at acquisition parity with comparable gasoline and diesel-powered vehicles.
Harbinger estimated that each of its electric trucks can reduce fuel costs by an average of $20,000 annually compared with the conventional diesel vehicle it replaces. Based on these estimates, Harbinger said that a fleet of 2,000 vehicles operating in North America could generate approximately $40 million in annual fuel savings, or $800 million over a typical 20-year vehicle life, and avoid more than 1.7 million tons of CO2 emissions.
John Harris, Co-Founder and CEO, Harbinger, said:
“FedEx is demonstrating that the business case for incorporating electric vehicles into real-world fleet operations at scale makes sense. Our previous work together gave FedEx firsthand experience with the performance and economic advantages Harbinger vehicles can deliver.”
The new order follows an initial purchase in November 2025 by Fed Ex for 53 Harbinger electric vehicles, alongside FedEx’s previous co-lead investment in Harbinger’s $160 million Series C funding round.
FedEx has set a goal to achieve carbon neutral operations by 2040, supported by a target to convert its entire parcel pickup and delivery fleet to zero-emission electric vehicles.
Vinay D’Souza, Senior Vice President of Global Assets and Infrastructure, Fed Ex, said:
“The transportation industry is undergoing a fundamental transformation, and electrification is set to play a pivotal role in the future of commercial fleets. said. 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.”
Kenny Fisher
Kenny Fisher is a writer and editor covering ESG, finance, and broader business trends. Most recently, Kenny worked as a content writer at Oanda, a leading online currency trading firm. His articles have been featured on major business and financial online media platforms.
Related Posts
Companies /
Stegra Seeks More Capital – Again – for Green Steel Megaplant on ‘Significantly Higher than Assumed’ Costs
Energy Transition /
Amazon Signs 20-Year Deal with Constellation to Upgrade, Extend Life of Nuclear Plant
Companies /
Salesforce Signs Series of Carbon Removal Deals with 8 Early-Stage Suppliers
‹ Stakeholders Strongly Oppose Inclusion of Oil and Gas in Canada’s Sustainable Finance Taxonomy
ESG Today Newsletter
Daily climate, sustainable finance & policy coverage
✓ Subscribed!
✉ SUBSCRIBE
Free daily · Unsubscribe anytime
Sustainable Finance
Stakeholders Strongly Oppose Inclusion of Oil and Gas in Canada’s Sustainable Finance Taxonomy
Italy Draws €110 Billion Order Book for New Green Bond Offering
Achmea, ILX Partner to Launch Emerging Markets-Focused Impact Investing Platform
JPMorgan Natural Capital, Paraguay Launch $200 Million Sustainable Forestry Platform
Government
Italy Draws €110 Billion Order Book for New Green Bond Offering
NYC Comptroller Proposes $5 Billion in New Private Markets Climate Solutions Investments
JPMorgan Natural Capital, Paraguay Launch $200 Million Sustainable Forestry Platform
New EU Anti-Greenwashing Rules Enter into Force
Categories
Select Category
Companies
Energy Transition
Environment
ESG Reporting
ESG Tools, Services
Executive Moves
Governance
Government
Guest Posts
Investors
M&A
New funds & products
Platforms & Markets
Private Equity & Venture Capital
Professional bodies
Regulators
Reports, Studies
Social
Social & Governance
Sustainable Finance
Back to Top
LinkeIn
Home
About us
Disclosure, cookies & privacy policy
© ESG Today 2026
ESG Today Newsletter
Daily coverage of climate, sustainable finance and policy —
delivered straight to your inbox every morning.
Get the Newsletter
ESG Today Newsletter
Daily coverage of climate, sustainable finance and policy —
delivered straight to your inbox every morning.
Get the Newsletter
Cookie ConsentWe value your privacy. We use cookies to improve your experience on our site. By using our site, you consent to cookies.
PreferencesRejectAccept AllCookie Preferences×Manage your cookie preferences below:
Toggle EssentialEssentialEssential cookies enable basic functions and are necessary for the proper function of the website.NameDescriptionDurationGeolocation ConfigThis cookie is used to store the consent settings based on the visitor’s location.30 daysCookie PreferencesThis cookie is used to store the user’s cookie consent preferences.30 daysToggle CloudFlareCloudFlareCloudFlare provides web performance and security solutions, enhancing site speed and protecting against threats.Service URL: developers.cloudflare.com (opens in a new window)NameDescriptionDurationcf_ob_infoThe cf_ob_info cookie provides information on: The HTTP Status Code returned by the origin web server. The Ray ID of the original failed request. The data center serving the trafficsession__cfseqSequence rules uses cookies to track the order of requests a user has made and the time between requests and makes them available via Cloudflare Rules. This allows you to write rules that match valid or invalid sequences. The specific cookies used to validate sequences are called sequence cookies.sessioncf_chl_rc_iThese cookies are for internal use which allows Cloudflare to identify production issues on clients.sessioncf_clearanceWhether a CAPTCHA or Javascript challenge has been solved.session_cfuvidThe _cfuvid cookie is only set when a site uses this option in a Rate Limiting Rule, and is only used to allow the Cloudflare WAF to distinguish individual users who share the same IP address.session__cflbWhen enabling session affinity with Cloudflare Load Balancer, Cloudflare sets a __cflb cookie with a unique value on the first response to the requesting client. Cloudflare routes future requests to the same origin, optimizing network resource usage. In the event of a failover, Cloudflare sets a new __cflb cookie to direct future requests to the failover pool.session__cf_bmCloudflare’s bot products identify and mitigate automated traffic to protect your site from bad bots. Cloudflare places the __cf_bm cookie on End User devices that access Customer sites that are protected by Bot Management or Bot Fight Mode. The __cf_bm cookie is necessary for the proper functioning of these bot solutions.session__cfruidUsed by the content network, Cloudflare, to identify trusted web traffic.sessioncf_chl_rc_mThese cookies are for internal use which allows Cloudflare to identify production issues on clients.sessioncf_chl_rc_niThese cookies are for internal use which allows Cloudflare to identify production issues on clients.session__cfwaitingroomThe __cfwaitingroom cookie is only used to track visitors that access a waiting room enabled host and path combination for a zone. Visitors using a browser that does not accept cookies cannot visit the host and path combination while the waiting room is active.sessioncf_use_obThe cf_use_ob cookie informs Cloudflare to fetch the requested resource from the Always Online cache on the designated port. Applicable values are: 0, 80, and 443. The cf_ob_info and cf_use_ob cookies are persistent cookies that expire after 30 seconds.sessionToggle CommentsCommentsThese cookies are needed for adding comments on this website.NameDescriptionDurationcomment_author_urlUsed to track the user across multiple sessions.Sessioncomment_author_emailUsed to track the user across multiple sessions.Sessioncomment_authorUsed to track the user across multiple sessions.SessionToggle Google Tag ManagerGoogle Tag ManagerGoogle Tag Manager simplifies the management of marketing tags on your website without code changes.NameDescriptionDurationtdRegisters statistical data on users’ behaviour on the website. Used for internal analytics by the website operator.sessioncookiePreferencesRegisters cookie preferences of a user2 yearsToggle StatisticsStatisticsStatistics cookies collect information anonymously. This information helps us understand how visitors use our website.Toggle Google AnalyticsGoogle AnalyticsGoogle Analytics is a powerful tool that tracks and analyzes website traffic for informed marketing decisions.Service URL: policies.google.com (opens in a new window)NameDescriptionDuration_gac_Contains information related to marketing campaigns of the user. These are shared with Google AdWords / Google Ads when the Google Ads and Google Analytics accounts are linked together.90 days__utmaID used to identify users and sessions2 years after last activity__utmtUsed to monitor number of Google Analytics server requests10 minutes__utmbUsed to distinguish new sessions and visits. This cookie is set when the GA.js javascript library is loaded and there is no existing __utmb cookie. The cookie is updated every time data is sent to the Google Analytics server.30 minutes after last activity__utmcUsed only with old Urchin versions of Google Analytics and not with GA.js. Was used to distinguish between new sessions and visits at the end of a session.End of session (browser)__utmzContains information about the traffic source or campaign that directed user to the website. The cookie is set when the GA.js javascript is loaded and updated when data is sent to the Google Anaytics server6 months after last activity__utmvContains custom information set by the web developer via the _setCustomVar method in Google Analytics. This cookie is updated every time new data is sent to the Google Analytics server.2 years after last activity__utmxUsed to determine whether a user is included in an A / B or Multivariate test.18 months_gaID used to identify users2 years_galiUsed by Google Analytics to determine which links on a page are being clicked30 seconds_ga_ID used to identify users2 years_gidID used to identify users for 24 hours after last activity24 hours_gatUsed to monitor number of Google Analytics server requests when using Google Tag Manager1 minuteToggle Cookie PolicyCookie PolicyYou can find more information in our Terms of Service, Cookies and Privacy Policy and Privacy Policy.Accept AllCloseSave and Close
Never miss the latest breaking ESG investment news. Get ESG Today’s newsletter today!
Subscribe Now
c
×
ESG Today Newsletter
Daily coverage of climate, sustainable finance and policy — delivered straight to your inbox.
Email Address *
First Name
Last Name
Level
Select…C-LevelSVP / EVPDirector / VPManager / SupervisorMid or Entry LevelFreelance / ContractStudent / InternRetiredOther
Function
Select…Accounting & FinanceBusiness Development & SalesCustomer SupportFacilitiesHR & TalentLegalMarketing & CommunicationsOperationsProcurement & ContractingR & DStrategySupply Chain & DistributionSustainabilityTechnologyInvestingOther
✉ Get the Newsletter
Free daily newsletter · Unsubscribe anytime