{
  "id": 11264608,
  "title": "FedExs new order for EV trucks will save them hundreds of millions in fuel costs",
  "url": "https://urgent.news/2026/10/01/fedexs-new-order-for-ev-trucks-will-save-them-hundreds-of-millions-in",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-01T19:04:41.000Z",
  "source": {
    "name": "Mashable",
    "slug": "mashable",
    "url": "https://mashable.com/tech/fedex-ev-order"
  },
  "original_language": "en",
  "account": "FedEx, aiming to completely electrify its fleet by 2040, has recently made a significant move in that direction by acquiring 2,000 electric vehicles (EVs) from California startup Harbinger. This investment, costing over $200 million, is scheduled to be operational in the U.S. and Canada by the end of 2027. While the purchase is substantial, FedEx anticipates it will be a wise financial decision, as these trucks are expected to save the company approximately $40 million annually in fuel expenses. Given that each electric truck is designed to last for 20 years, this could translate to a total savings of $800 million over the vehicle's lifespan.\n\nMoreover, these medium-duty EV trucks are projected to prevent the release of 1.7 million tons of carbon dioxide into the atmosphere over the same period. With a charging range of 140 to 210 miles on a full charge, the trucks can be fully charged in less than an hour on a fast charger, providing a practical charging time for the company's extensive fleet. FedEx currently operates around 175,000 vehicles, and the company's broader climate targets include exclusively purchasing electric trucks by 2030, with all pickup and delivery vehicles expected to be zero-tailpipe emission models by 2040, including contracted transportation.",
  "summary": "Delivery giant FedEx places a large order for electric trucks, which will replace thousands of diesel-powered vehicles.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}