Business · Companies · 3 hrs ago
Electrovaya to supply batteries for Janus Electric semi-truck conversions
Australian company Janus Electric converts diesel semis to electric power for heavy-truck fleets.
It has more than 70 reservations for its Class 8 truck conversions, which replace diesel engines with electric motors and swappable batteries.
Electrovaya will supply the battery packs, under initial purchase orders worth $26 million for demand in the US and Canada.
Electrovaya will also buy about $1.4 million in Janus stock, giving it a direct investment in the company.
Janus says its trucks can travel up to 370 miles loaded, and drivers can swap batteries in about four minutes instead of waiting for a charge.
The deal supports Janus as it works to deliver its reservations, while Electrovaya plans to expand battery manufacturing capacity in North America.
Electrovaya will supply battery packs for Janus Electric’s Class 8 truck conversions under a deal that includes $26 million in initial purchase orders.
Electrovaya will also purchase approximately $1.4 million in Janus stock.
The battery supply is intended to support demand for Janus conversions in the United States and Canada.
Janus converts diesel-powered trucks to electric and offers batteries that can be swapped in about four minutes.
Janus said its reservation book passed 70 units during the summer.
- Who
- Electrovaya and Janus Electric.
- What
- Electrovaya will supply battery packs for Janus’s electric truck conversions, with $26 million in initial purchase orders. Electrovaya will also buy approximately $1.4 million in Janus stock.
- When
- The deal was reported on November 5, 2026.
- Where
- The planned conversions are for customers in the United States and Canada. Electrovaya is expanding manufacturing at a facility in Jamestown, New York.
- Why
- The battery supply is intended to meet demand for Janus’s products and support the company’s growth.
This story does not have two clearly opposing sides.
Janus Electric’s reservation book passed 70 units.
Electrovaya’s battery supply deal with Janus Electric was reported.
- Initial battery orders
- $26 million
- Electrovaya stock purchase
- Approximately $1.4 million
- Janus reservations
- More than 70 units during the summer
- Standard battery pack
- 310 kWh
- Loaded range
- Up to 370 miles
- Battery swap time
- About four minutes
What people are saying
The investment is a strong vote of confidence in our technology and approach to electrifying heavy transport.
Reliable battery supply is critical to our growth
Class 8 trucking is one of the most exciting and demanding frontiers in electrification