Janus to Supply 250 Electric Truck Modules Annually in $5M African Expansion
Janus Electric has inked a $5 million Memorandum of Understanding with EVUNI to distribute its electric drivetrain technology across Africa, marking a bold step in its international growth strategy.
- Exclusive five-year distribution agreement with EVUNI for African market
- Up to $5 million equity investment from EVUNI in two tranches
- Minimum annual supply of 250 electric drivetrain conversion modules
- Focus on electrifying heavy transport in logistics and mining sectors
- Partnership supports Janus’ Battery and Energy as a Service expansion
Strategic Expansion into Africa
Janus Electric Holdings Limited, an Australian innovator in heavy vehicle electrification, has taken a significant leap forward in its international ambitions by signing a Memorandum of Understanding (MOU) with Singapore-based EVUNI Pte Ltd. This agreement grants EVUNI exclusive rights to distribute and deploy Janus’ electric drivetrain technology across Africa, a continent ripe with opportunity in its logistics and mining sectors.
The MOU outlines a five-year contract with an option to renew, under which Janus will supply at least 250 electric drivetrain conversion modules annually. This volume commitment signals a robust demand forecast and a strategic foothold for Janus in emerging markets where electrification of heavy transport is gaining momentum.
Capital Injection and Growth Prospects
EVUNI’s commitment includes a principal equity investment of up to AUD 5 million, structured in two tranches tied to key milestones – the signing of a binding Distribution and Licence Agreement and the delivery of the first conversion modules to Africa. This capital injection is poised to strengthen Janus’ balance sheet, enabling accelerated product adaptation and deployment tailored to local conditions.
Janus CEO Ian Campbell highlighted the partnership as a pivotal moment, emphasizing the synergy between Janus’ technology and EVUNI’s regional expertise. The collaboration not only validates Janus’ technology on an international stage but also aligns with global trends toward sustainable, zero-emission heavy transport solutions.
Technology and Market Impact
Janus’ patented electric drivetrain conversion modules, combined with its battery swap infrastructure and proprietary fleet management software, offer a comprehensive electrification solution. EVUNI’s CEO Hans de Villiers underscored the transformative potential of this technology, particularly in sub-Saharan Africa where rapid electro-refueling and zero-carbon energy sources could revolutionize heavy-duty transport.
The partnership also taps into EVUNI’s existing projects, such as the International Minerals Exchange Hub, which aims to electrify transport corridors critical to mining operations. This strategic alignment could accelerate the adoption of Janus’ technology in sectors that are both energy-intensive and environmentally impactful.
Next Steps and Market Watch
With binding agreements expected by the end of September 2025, the coming months will be crucial for Janus to translate this MOU into tangible commercial outcomes. The initial tranche of investment will enable engineering adaptations and the commencement of deliveries, setting the stage for a sustained presence in Africa’s electrification landscape.
Investors and industry watchers will be keen to monitor the progress of regulatory approvals, local partnerships, and the scalability of Janus’ Battery and Energy as a Service model in this new market.
Bottom Line?
Janus Electric’s African partnership could redefine heavy transport electrification; next milestones will reveal if ambition meets execution.
Questions in the middle?
- Will Janus and EVUNI secure the necessary regulatory approvals to begin deliveries on schedule?
- How will Janus adapt its technology to meet the unique operational challenges of African logistics and mining sectors?
- What impact will this partnership have on Janus’ revenue trajectory and international market positioning over the next five years?
