Harbinger Motors | Newsroom | EV Startup Harbinger Founded by Canon and QuantumScape Veterans Aims to Shake Up Medium Duty Truck Market - CNB

EV Startup Harbinger Founded by Canon and QuantumScape Veterans Aims to Shake Up Medium Duty Truck Market | CNB

EV Startup Harbinger Founded by Canon and QuantumScape Veterans Aims to Shake Up Medium Duty Truck Market | CNB

Harbinger Motors | Newsroom | EV Startup Harbinger Founded by Canon and QuantumScape Veterans Aims to Shake Up Medium Duty Truck Market - CNB

News
July 7, 2022

Commitments from THOR Industries, Ridgeline, Greycroft and Tiger Global among other new and continuing investors underscore demand for innovative electrified mobility solutions.

  • Partners commit to transforming medium-duty commercial and specialty vehicles through Harbinger’s electrified chassis, powertrains and battery technologies
  • Leading global RV manufacturer THOR Industries and its investment partner TechNexus Venture Collaborative amplify their partnership with Harbinger through a co-led investment that accelerates the development of electrified RVs
  • The Coca-Cola System Sustainability Fund, managed by Greycroft, joins Series A round in addition to new investors Riverstone Holdings and Squarepoint Capital, among others
  • Acequia Capital’s investment comes from the firm’s newly dedicated strategy for reindustrialization, partnering with New Industrial companies at the nexus of decarbonization and capital efficiency as they reinvent the global industrial base
  • Returning investors include Ridgeline, Tiger Global, Maniv Mobility, Kalyani Mobility, Ironspring Ventures, Overture and Silent Capital

John Rosevear @JOHN__ROSEVEAR (September 7, 2022) – A new Los Angeles-based electric vehicle startup founded by veterans of Canoo and QuantumScape said Wednesday it’s preparing to shake up the medium-duty truck market with a ready-to-build electric truck platform coming next year. 

The company, called Harbinger, has developed two EV platforms it says are optimized for medium-duty trucks such as delivery vans. The platforms use motors and other technology developed in-house specifically to meet the needs of a market segment where trucks are expected to be in service for up to 20 years – far longer than the average passenger car.

It’s a market segment that – so far, at least – hasn’t been well-served by the industrywide move to electric vehicles, CEO John Harris said.

Full article here – https://www.cnbc.com/2022/09/07/harbinger-ev-startup-medium-trucks-naias-2022.html

Leave a Reply

Your email address will not be published. Required fields are marked *