FedEx is buying 2,000 electric trucks for $300M, and investing in the company building them

T2Covered by 1 source · first reported by Europe/UK: Tech.eu / Sifted / TNW / Silicon Republic / UKTN / Computer Weekly / heise / Golem / t3n / Maddyness / FrenchWeb at 01 Oct, 16:09 UTC

FedEx has ordered 2,000 electric delivery trucks worth $300M from Harbinger, a Californian startup it also backed with a Series C investment last year. Europe’s equivalents, Volta Trucks and Tevva, both went under, and a European logistics depot needs ten to twenty times its current power capacity…

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Sources

• T2FedEx is buying 2,000 electric trucks for $300M, and investing in the company building themEurope/UK: Tech.eu / Sifted / TNW / Silicon Republic / UKTN / Computer Weekly / heise / Golem / t3n / Maddyness / FrenchWeb01 Oct, 16:09