FedEx Orders 2,000 Electric Delivery Trucks from Harbinger in $300 Million Deal

FedEx is doubling down on fleet electrification with a landmark purchase from commercial vehicle maker Harbinger. The logistics company has committed to acquiring 2,000 battery-powered medium-duty delivery vans, a transaction valued at more than $300 million that Harbinger describes as the largest binding electric truck order ever placed.

The vehicles span US Class 5 and Class 6 weight categories, meaning gross vehicle weights between roughly 7.25 and 11.79 tonnes. FedEx has been working with Harbinger since early 2025, when it participated as a co-lead investor in a $160 million financing round and began adding the manufacturer’s trucks to its operations.

According to Harbinger’s estimates, replacing diesel models with these electric units could trim FedEx’s annual fleet expenses by $40 million. Because the trucks are engineered for a 20-year service life, cumulative savings could reach approximately$800 million. The company also projects that the 2,000 vehicles will prevent more than 1.7 million tonnes of CO2 emissions over that same period, using US Department of Energy figures as a baseline.

Beyond running costs and environmental gains, Harbinger points to driver-focused improvements: a revised chassis, refined handling to lessen fatigue, responsive steering, and a tighter turning circle of about 12.8 metres. Advanced safety and assistance features are included as well. The trucks will support FedEx pick-up and delivery operations across the United States and Canada, with Canadian service handled by Harbinger dealer Kaizen Automotive Group. Deliveries are set to commence at the end of 2027, as FedEx pursues a goal of fully electrifying its pick-up and delivery fleet by 2040.