Australia's Janus Electric soars on $2.2 million US order

Janus Electric Holdings

27/10/2026 02:43

** Shares of Janus Electric Holdings JNS.AX rise as much as 13.7% to A$0.58, their highest level since October 12
** On track to clock its best session since October 20 
** Electric vehicle technology firm says US-based King Fio Trucking placed repeat order for six Class 8 electric truck conversions and six JBS-650 swappable battery sets, increasing its total commitment to 12 trucks and 14 battery sets 
** Additional order has a gross value of about A$3.1 million ($2.18 million)
** Order increases co's North American order book to 124 trucks with a combined gross contract value of ~A$64.6 million 
** Stock is up ~932% YTD

($1 = 1.4249 Australian dollars)

 (Reporting by Anjali Singh in Bengaluru)
 ((anjali.singh2@thomsonreuters.com;))