FedEx Orders 2,000 Electric Trucks Worth $300M from Californian Startup Harbinger
FedEx has placed a significant order for 2,000 electric delivery trucks worth $300M with Harbinger, a Californian startup it also backed with a Series C investment in 2025. This move underscores FedEx's commitment to electrifying its fleet and reducing its carbon footprint.
Europe, however, has faced challenges in this transition. Both Volta Trucks and Tevva have collapsed, and European depots require ten to twenty times their current power capacity to support a fully electric fleet—a significant infrastructure hurdle.
Key Takeaways:
- FedEx aims to have its entire pickup and delivery fleet electric by 2040.
- Harbinger's trucks offer 440 hp and 1,140 lb-ft of torque, with prices starting at $103,000 before incentives.
- Tesla's Semi, entered production in September, will also be available in Europe in 2027.
- European challenges lie primarily in depot infrastructure rather than vehicle technology.
As FedEx demonstrates, the shift to electric vehicles is gaining momentum, but it requires strategic investments and supportive infrastructure.