Harbinger Motors, a fast-growing developer of electric commercial trucks, has secured $160 million in new funding, marking one of the largest investments in the medium-duty EV segment this year. The Series C round includes participation from major logistics and technology partners, signaling strong confidence in the company’s approach to electrifying commercial transportation.
The fresh capital will support large-scale production of Harbinger’s next-generation electric trucks, which are designed for delivery fleets, service providers, and regional operations. The company plans to expand manufacturing capacity, speed up engineering development, and strengthen its battery technology to improve efficiency and range.
At the same time, a major U.S. logistics company has reportedly placed a preorder for more than fifty trucks, underscoring growing demand for cleaner and more efficient fleet solutions. As fuel prices fluctuate and maintenance costs rise, electric platforms are increasingly viewed as a long-term cost-saving alternative.
The investment also comes at a pivotal moment for the trucking industry. Despite soft vehicle sales in the broader commercial market, interest in electric trucks is growing as companies prepare for stricter emissions regulations and seek lower operating expenses. Harbinger’s vehicles promise reduced maintenance, quieter operation, and significant savings over time.
With this funding round, Harbinger Motors positions itself as a key player in the future of electric trucking. The company aims to accelerate deliveries, strengthen partnerships, and help fleets transition to reliable, zero-emission transportation.