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Harbinger Motors
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Electric vehicle manufacturer for commercial use
Harbinger Motors
Work Here?
Electric vehicle manufacturer for commercial use
About Harbinger Motors
Industries
Robotics & Automation
Automotive & Transportation
Company Size
201-500
Company Stage
Series B
Total Funding
$168.3M
Headquarters
Gardena, California
Founded
2021
Overview
Harbinger Motors manufactures electric vehicles specifically for the commercial sector, targeting businesses that need vehicles for delivery, public transportation, and logistics. Their unique chassis architecture enhances the driver's experience, safety, and productivity, making their vehicles user-friendly and efficient. The vehicles are designed to be ready for autonomous driving, featuring drive-by-wire steering and ergonomic designs, such as a floor height below 28 inches for improved comfort. Harbinger Motors generates revenue through the sale of these vehicles and offers customer support and maintenance services. They also utilize data collection and tracking tools to better understand customer needs and improve their products, setting them apart from competitors by focusing on a driver-centric and data-driven approach.
Simplify's Take
What believers are saying
- $400 million in pre-orders shows strong market validation and confidence.
- $100 million Series B funding supports production scaling and market expansion.
- Strategic location in Garden Grove allows efficient distribution across North America.
What critics are saying
- Increased competition from new entrants like ZM Trucks in the US market.
- Potential over-reliance on large customers like Bimbo Bakeries USA and THOR Industries.
- Challenge of scaling manufacturing to meet high demand from 4,000 pre-orders.
What makes Harbinger Motors unique
- Harbinger's unique chassis architecture enhances driver comfort and productivity.
- The company focuses on medium-duty EVs, aligning with sustainable urban logistics demand.
- Harbinger's vehicles are autonomous-ready, featuring drive-by-wire steering.
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Funding
Total Funding
$168.3M
Above
Industry Average
Funded Over
3 Rounds
Tiger GlobalIndustry standards
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Stock Options
Unlimited Paid Time Off
Paid Vacation
Meal Benefits
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 1%2 year growth
↓ -4%It’s not an easy time to raise money for an electric vehicle startup, especially given how many have failed or are close to failing. But Los Angeles-based
Electric vehicle company Harbinger raises $100 million in Series B funding co-led by Capricorn's Technology Impact Fund and Leitmotif.
We partnered with Harbinger Motors to develop a motorhome chassis capable of a combined 500-mile range, well ahead of the current range expectations of consumers.
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google NewsThe US automotive startups Tesla and Nikola seemed to have a headstart on the zero emission truck market in the US just a few years ago, with a focus on Class 8 heavy duty electric trucks. Well, that was then. Now legacy truck makers are also crowding into the field. New names are also popping up, with the new brand ZM Trucks among those seeking to make a mark in the US.ZM Electric Trucks For The US MarketZM Trucks bills itself as the West-facing branch of the Japan-originated firm ZO Motors, which is a wholly owned subsidiary of the Hong Kong-traded conglomerate ZO Future Group. In January, ZO Motors announced a strategic agreement with the Chinese firm Weichai Commercial Vehicle New Energy Co
Harbinger, a Los Angels, CA-based electric truck manufacturer, raised additional $13M in funding
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About Harbinger Motors
Industries
Robotics & Automation
Automotive & Transportation
Company Size
201-500
Company Stage
Series B
Total Funding
$168.3M
Headquarters
Gardena, California
Founded
2021
Harbinger Motors is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today