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ReNu Energy Limited ( (AU:JNS) ) has provided an update.
Janus Electric is advancing its U.S. expansion with a significant order from Ability Trimodal in Southern California, marking its entry into the North American drayage market. The project, valued at approximately US$1.25 million, involves converting two Class 8 trucks to battery-swapping technology and installing a solar-powered Charge & Change Station. This strategic collaboration aims to validate the commercial viability of Janus’ technology in the U.S., offering a scalable model for zero-emission freight delivery and addressing key barriers such as downtime and grid constraints. The initiative is expected to demonstrate the efficiency and scalability of Janus’ solutions, potentially reshaping the future of heavy road transport.
More about ReNu Energy Limited
Janus Electric Holdings Limited, an Australian company, is a pioneer in the electrification of heavy road transport. The company focuses on developing battery-swapping technology and infrastructure for zero-emission transport solutions, aiming to reduce downtime and grid dependency in the heavy transport sector.
YTD Price Performance: -37.50%
Average Trading Volume: 405,692
Technical Sentiment Signal: Sell
Current Market Cap: A$14.63M
See more insights into JNS stock on TipRanks’ Stock Analysis page.