Australia's Janus Electric on track for best day on fresh US orders

Janus Electric Holdings

16/07/2026 01:55

** Shares of electric vehicle technology co Janus Electric JNS.AX rise 74.2% to A$0.27, on track for best day if current gains hold
** Shares hit their highest level since May 27
** Four new U.S.-based customers order a combined 67 diesel-to-electric truck conversions, 77 swappable battery packs and four Janus Charge & Change Stations with a total value of A$45 million ($31.53 million)
** About 2.7 million shares change hands, 9.4x the 30-day average of 286,008
** Stock has risen nearly fivefold in value this year, including moves in current session
     
     
($1 = 1.4273 Australian dollars)

(Reporting by Jasmeen Ara Shaikh in Bengaluru)
((Jasmeenaraislam.Shaikh@thomsonreuters.com;))