Electrovaya to supply batteries to Janus Electric for diesel-to-electric conversions

Battery supplier Electrovaya has entered into a strategic supply agreement with Janus Electric Holdings, an Australian developer of diesel-to-electric conversion and battery-swapping systems for Class 8 heavy-duty trucks.

Janus has placed around $26 million in initial purchase orders for Electrovaya’s battery systems to meet demand for Janus products in the US and Canada. Electrovaya has also agreed to invest approximately $1.4 million in Janus stock.

Janus converts existing diesel trucks to battery-electric operation and pairs them with swappable battery packs and Janus Charge & Change Stations, allowing fleets to exchange batteries in minutes, and to electrify without the capital cost of purchasing new trucks.

The companies explain that Electrovaya’s battery systems, which incorporate its proprietary Infinity Battery Technology and are designed for safety, reliability and long cycle life in high-utilization applications, are well suited to the repeated daily swap cycles of this model. Approximately 600 kWh of battery capacity is installed for each truck conversion.

To date, Janus has secured orders and commitments for 118 truck conversions in the United States and Canada. In Australia, Janus continues to serve existing customers and is advancing a pipeline of opportunities across the mining, linehaul and quarry sectors.

Electrovaya is now supplying battery systems to support the start of Janus’s North American customer deployments. Electrovaya is expanding manufacturing capacity at its facility in Jamestown, New York, which is expected to come online during the company’s 2027 fiscal year.

“Electrovaya is an important partner to Janus Electric, and we’re particularly pleased it has decided to invest directly in our business,” said Ben Hutt, Managing Director and CEO of Janus Electric. “Reliable battery supply is critical to our growth, and Electrovaya’s expanding North American manufacturing capabilities will be important as we scale.”

“Class 8 trucking is one of the most exciting and demanding frontiers in electrification, and Janus has demonstrated real commercial traction with fleets in the US, Canada and Australia,” said Dr. Raj Das Gupta, CEO of Electrovaya. “Janus has developed a practical solution to one of the major challenges facing heavy transport, enabling diesel-powered trucks to be converted to electric without compromising their commercial operations.”

Source: Electrovaya