Latest Battery Swap Technology News

Janus Electric reports operational progress with validated technology and increased revenue, while focusing on commercial execution and cost discipline under new CEO Ben Hutt. Funding remains a critical factor for sustaining growth.

Janus Electric has secured full California Air Resources Board approval for its JCM 540 battery-electric truck conversion system, enabling fleet operators to access up to US$90,000 in government vouchers per vehicle. This milestone accelerates Janus’ entry into the lucrative California zero-emission freight market.

AssetOwl Limited has secured two new technology development contracts worth over A$550,000, marking a strategic push into sustainable energy solutions. Executive Director Bevan Dooley will spearhead these initiatives, signaling a renewed focus on innovation and growth.

Janus Electric has launched a strategic pilot project in Southern California, delivering battery-swapping Class 8 trucks and solar-powered infrastructure to revolutionize zero-emission freight at major U.S. ports.

Janus Electric Holdings reported a steep 94% rise in net loss to $8.7 million for FY2025, impacted by a disruptive battery recall and significant restructuring costs. The company completed a reverse takeover, raised $8.8 million, and secured a $5 million MOU for African expansion, signaling a bold shift toward heavy transport electrification.