2024-09-07 16:54:00 +0300

EV startup Harbinger, founded by Canoo and QuantumScape veterans, aims to shake up medium-duty truck market

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CNBC
By John Rosevear

Key Points

  • Electric vehicle startup Harbinger is aiming to electrify medium-duty trucks with two chassis coming late next year.
  • The company was founded by veterans of Canoo and QuantumScape.
  • Harbinger hopes to tap into a market segment that hasn't been well-represented as the auto industry moves to electric vehicles.

Harbinger EV truck

Jack Schroeder | Harbinger

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.

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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.

The companies out at the bookends, in the light-duty and heavy-duty space, are historically highly vertically integrated, Harris told CNBC in an interview. When we look at the medium-duty industry, it's completely different.

Continue read on cnbc.com

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