"For too long, fleets have had to compromise between payload, maneuverability, range and onboard capability. We engineered this platform to outperform legacy diesel options while unlocking new advantages through electrification and our range-extended hybrid system to enable real work in the field."
"The more we diversify revenue sources, the better kind of long-term, stable company we build that becomes, I think, more tolerant of these wild swings we have in the [market]."
Harbinger, a Los Angeles-based EV startup founded in 2022, unveiled its second vehicle: the HC Series Cab, a medium-duty work truck available in all-electric or hybrid configurations with up to 500 miles of range. The truck features easy entry and exit, tight turning radius, and flexible upfitting options for cargo boxes or flatbeds. The company has rapidly expanded through significant funding rounds, raising $100 million in Series B and $160 million in Series C. Harbinger has secured major customers including FedEx and THOR Industries for its larger truck chassis. Beyond vehicles, the company diversified into energy storage products and acquired autonomous vehicle software company Phantom AI, demonstrating a strategy to build multiple revenue streams and create long-term stability.
Read at TechCrunch
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