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ReNu Energy Limited ( (AU:JNS) ) just unveiled an update.
Janus Electric Holdings Limited has announced the completion of its eighth truck conversion for Cement Australia and the expansion of its charging infrastructure at Moorebank, which will support increased operational capacity. The company has also secured a contract extension with Hayes Logistics, contributing significant revenue. Meanwhile, Janus is preparing to enter the U.S. market with its technology and has managed funding delays by securing a leaseback agreement to maintain operations. The anticipated investment from EVUNI, crucial for the company’s expansion into Africa, has been delayed but remains a key strategic goal.
More about ReNu Energy Limited
Janus Electric Holdings Limited is an Australian company pioneering the electrification of heavy road transport. It focuses on converting traditional trucks to electric vehicles and developing charging infrastructure, with a market focus on zero-emission transport solutions.
YTD Price Performance: -71.00%
Average Trading Volume: 732,629
Technical Sentiment Signal: Sell
Current Market Cap: A$11.12M
Find detailed analytics on JNS stock on TipRanks’ Stock Analysis page.