Harbinger Motors, a California-based automotive producer, has secured $60 million in Sequence A funding from a various consortium of traders.

The funding will speed up progress towards the manufacturing of the corporate’s electrical stripped chassis, which is designed from the bottom as much as tackle the efficiency, sturdiness and lifespan expectations for Class 4 to Class 6 autos.

Harbinger plans to double its workforce over the subsequent 12 months to 120 workers at its not too long ago introduced headquarters in Backyard Grove, California.

THOR Industries, which is already collaborating with Harbinger to affect its RVs, joined the Sequence A spherical as a co-lead investor.

“Harbinger’s give attention to the medium-duty chassis market uniquely situates it to be a key associate to THOR,” mentioned THOR Chief Working Officer Todd Woelfer. “THOR is targeted on providing a best-in-class resolution for electrical RVs, and Harbinger’s chassis will likely be a key part to our built-in resolution.  Harbinger’s electrical chassis presents game-changing driver expertise, security and automobile operation.”

“The convergence of assist from numerous industries underscores our broader imaginative and prescient and the influence Harbinger Motors goals to realize,” mentioned Harbinger CEO and co-founder John Harris. “This collective endorsement reaffirms our dedication to constructing sustainable transportation options and revolutionizing each business and specialty autos.”

“Hardly ever do early-stage firms execute on onerous issues the best way the crew at Harbinger has by means of this milestone,” mentioned Ryan Clinton, co-founder and Managing Associate of Ridgeline, one of many traders that joined the funding spherical. “The dedication of the bigger strategic traders is a sign that Harbinger is on the cusp of electrifying a key market section in logistics and transportation.”

Supply: Harbinger Motors