Harbinger Motors

Harbinger Motors

Electric vehicle manufacturer for commercial use

About

Harbinger Motors manufactures electric vehicles specifically for the commercial sector, targeting businesses that need vehicles for delivery, public transportation, and logistics. Their unique chassis design enhances the driver's experience, safety, and productivity, making their vehicles user-friendly and efficient. The vehicles are equipped with drive-by-wire steering and are designed to be ready for autonomous driving. Harbinger Motors also emphasizes ergonomics, featuring a low floor height for improved driver comfort. Unlike many competitors, they utilize a data-driven approach to understand customer needs better, offering tailored solutions and related services like customer support and maintenance. The goal of Harbinger Motors is to transform the commercial vehicle industry by focusing on the needs of drivers and enhancing overall vehicle performance.

Company Stage

Seed

Employees

201-500

Industries

Robotics & Automation, Automotive & Transportation

Total Funding

$71M

Headquarters

Gardena, California

Founded

2021


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Simplify's Take

What believers are saying

  • Harbinger secured $400 million in pre-orders, indicating strong market demand.
  • Partnership with THOR Industries showcases capability to exceed consumer range expectations.
  • Recent $13 million funding round highlights investor confidence in Harbinger's growth potential.

What critics are saying

  • Increased competition from new entrants like ZM Trucks in the US market.
  • Potential over-reliance on large customers like THOR Industries and Bimbo Bakeries USA.
  • Rapid expansion may lead to operational challenges and quality control issues.

What makes Harbinger Motors unique

  • Harbinger Motors offers a unique chassis architecture enhancing driver comfort and productivity.
  • The company focuses on medium-duty EVs, a niche with growing market demand.
  • Harbinger's vehicles are autonomous-ready, featuring drive-by-wire steering for advanced functionality.

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Growth & Insights
Headcount

6 month growth

40%

1 year growth

96%

2 year growth

289%

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