Australia's Janus Electric climbs on signing US truck conversion pilot deal

Janus Electric Holdings

26/10/2026 03:04

** Shares of Australia's Janus Electric JNS.AX rise as much as 13.8% to A$0.540, their biggest intraday pct gain since August 31
** Electric vehicle technology firm signs non-binding memorandum of understanding with US-based logistics operator ConGlobal for a proposed 20-truck conversion pilot
** Co says pilot would deploy its diesel-to-electric truck conversion and battery-swapping technology at ConGlobal's Texas facility
** Adds parties intend to explore expansion across ConGlobal's network of 31 US depot locations, subject to pilot's success
** YTD, stock up 822.7%

 (Reporting by Subhalakshmi Dey in Bengaluru)
 ((Subhalakshmi.Dey@thomsonreuters.com;))