Australia's Janus Electric rises on bagging $1.4 million investment

Janus Electric Holdings

28/10/2026 02:35

** Shares of Janus Electric JNS.AX rise as much as 10.2% to A$0.65, their highest level since October 12
** The electric vehicle technology firm secures investment of A$2 million ($1.41 million) from lithium-ion battery manufacturer Electrovaya Inc ELVA.TO 
** Also places initial purchase orders with Electrovaya for lithium-ion battery systems for A$37.5 million for its planned truck deployments in the US and Canada
** Stock gains for a fifth consecutive session
** Stock up 1,059.1%, YTD, including moves in current session
   
($1 = 1.4229 Australian dollars)

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