Janus Electric has a second order from King Fio in the U.S. electrive and Proactive Investors report the deal, which Janus disclosed to the ASX.

The order

  • About A$3.1 million.
  • Six Class 8 electric truck conversions and six JBS-650 swappable battery sets.
  • The trucks haul containers around the ports of Los Angeles and Long Beach. They will use the charging and battery-swap station installed for King Fio's first order.
  • King Fio's total: 12 trucks and 14 battery sets.

The bigger pipeline

Janus says its North American order book stands at 124 trucks, worth about A$64.6 million. The orders depend on California incentive funding. The reports also mention an equity stake of about A$2 million from battery maker Electrovaya.

How it works

Janus converts existing trucks to electric drive. It uses swappable battery packs so drivers can change batteries instead of waiting to charge, a different approach from the Tesla Semi's megawatt charging.