Harbinger Motors | Newsroom | New OEM Harbinger Unveils First-of-its-Kind Commercial Medium-Duty Platform Set to Electrify and Revolutionize the Industry

New OEM Harbinger Unveils First-of-its-Kind Commercial Medium-Duty Platform Set to Electrify and Revolutionize the Industry

New OEM Harbinger Unveils First-of-its-Kind Commercial Medium-Duty Platform Set to Electrify and Revolutionize the Industry

Harbinger Motors | Newsroom | New OEM Harbinger Unveils First-of-its-Kind Commercial Medium-Duty Platform Set to Electrify and Revolutionize the Industry

Press Release
September 8, 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

LOS ANGELES, CA (September 8, 2022) – Harbinger, a Los Angeles-based automotive manufacturer, announced today its official launch and unveiled a revolutionary new electric vehicle (EV) platform poised to transform the medium-duty industry. Founded with a mission to bring modernization and fresh thinking to a market poorly addressed by electrification, Harbinger’s initial product line will include electric stripped chassis and cab chassis designed specifically to address the unique performance, durability, and lifespan expectations required in Class 4 to Class 7 vehicles.

“Medium-duty vehicles serve as the backbone of the commercial transportation industry.” – John Harris, CEO of Harbinger

“Medium-duty vehicles serve as the backbone of the commercial transportation industry and are responsible for delivering tens of millions of packages and critical services every day,” said John Harris, CEO of Harbinger. “But while this industry has experienced tremendous growth, fleet customers today face acute shortages of gas- and diesel-powered vehicles, and any meaningful supply of production-ready EV offerings is still years out. We are solving this problem head on.”

Full article here – https://finance.yahoo.com/news/oem-harbinger-unveils-first-kind-040100570.html?guccounter=1


About Harbinger

Harbinger is an American commercial electric vehicle (EV) company on a mission to transform an industry starving for innovation. Harbinger’s best-in-class team of EV, battery, and drivetrain experts have pooled their deep experience to support the growing demand for medium-duty EVs. Leveraging a foundation of proprietary, in-house developed vehicle technologies designed specifically for commercial and specialty vehicles, Harbinger is bringing a first-of-its-kind EV platform to market, priced at acquisition parity to traditional gasoline and diesel vehicles. Harbinger: Familiar Form, Revolutionary Foundation.

To learn more about Harbinger, please visit www.harbingermotors.com. You can find the company press kit HERE.


Harbinger Media Contact

Stacy Morris
Futurista Communications
310-415-9188
stacy.morris@futuristacommunications.com

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