Los Angeles-based EV startup Precursor unveiled its second vehicle: a smaller, mid-size work truck.
Called the HC Series Cab, the new truck will be available as an all-electric vehicle or as a hybrid (the latter has a range of up to 500 miles). The company says the vehicle features easy entry and exit, a tight turning radius and the ability to customize the chassis in a number of ways, such as adding cargo boxes or flat beds. The company did not disclose pricing.
“For too long, fleets have had to compromise between payload, maneuverability, range and onboard capability,” Harbinger co-founder and CEO John Harris said in a statement. “We built this platform to go beyond legacy diesel options, while unlocking new advantages through electrification and our extended-range hybrid system to enable real work in the field.”
Founded in 2022, Harbinger has been moving quickly in the past year, raising a $100 million Series B in January 2025 and a $160 million Series C in November. The company has attracted customers such as FedEx and RV maker THOR Industries with its larger truck chassis, which can also operate fully electric or as an extended-range hybrid.
At the same time, Harbinger is diversifying beyond its truck chassis products. The company began selling energy storage products in January and has launched Airstream as its first customer. In February, the company announced its first acquisition, buying autonomous vehicle software company Phantom AI.
While many electric vehicle startups have failed in recent years, Harris has previously told TechCrunch that he tries to keep Harbinger “focused and very confident in what we say we’re going to do before we say we’re going to do it.”
The push to create new business lines was also intentional.
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βThe more we diversify our revenue streams, the better kind of long-term, stable company we’re building that becomes, I think, more tolerant of these wild swings that we have in the U.S. market,β Harris told TechCrunch in February.
The U.S. electric passenger vehicle market currently faces many headwinds, but Harris argued that EVs and hybrids make sense in commercial trucking because of their lower total cost of ownership and less frequent maintenance requirements. It did not publicly disclose Harbinger’s revenue for 2025 β the first year it sold its largest truck chassis β though it told TechCrunch last month that the company’s sales were “multiples” of the entire electric truck market in 2024.
And since the company is vertically integrated, Harris said there are several ways Harbinger can continue to try to build new business areas.
“We’ve built these vertical companies that I think of as our internal suppliers. We have a battery supplier, which we sell from now. We have an engine supplier, which we will sell from now. We have a suspension supplier. We have an axle supplier. All of those things are Harbinger suppliers,” he said.
