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Harbinger Raises $160 Million as FedEx Invests and Orders 53 Electric Truck Chassis

The deal positions the startup to scale U.S. production for medium-duty fleets pursuing lower operating costs with reduced emissions.

FedEx placed an initial order for 53 Harbinger electric vehicles.
John Harris, the chief executive officer and co-founder of Harbinger Motors Inc., in Garden Grove, sits with EV truck batteries on Nov. 1, 2024. Harbinger Motors Inc., a commercial EV truck maker, is part of a growing number of commercial EV truck makers building an EV truck infrastructure in Southern California. Harbinger announced Nov. 13, 2025, that it raised $160 million in venture capital from FedEx, Capricorn and THOR Industries. (Photo by Mark Rightmire, Orange County Register/SCNG)
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Overview

  • The Series C was co-led by FedEx, Capricorn’s Technology Impact Fund and THOR Industries, bringing Harbinger’s total funding to $358 million.
  • FedEx placed an initial order for 53 Class 5 and Class 6 chassis to be delivered ready for upfit by year-end 2025 as it targets a fully electric pickup-and-delivery fleet by 2040.
  • Harbinger designs and builds U.S.-made stripped chassis with modular batteries offering roughly 140 to 200-plus miles of range and a 42-foot turning diameter.
  • THOR’s Entegra Coach recently debuted the Embark range-extended Class A motorhome on Harbinger’s platform with up to 450 miles of total range.
  • The company cites growing traction, reporting more than 200 chassis sold this year and an expansion into Canada, as the medium-duty EV market shifts from pilots to broader fleet adoption.