Latest Sustainable Transport News

COG Financial Services has increased its ownership in Fleet Network to over 92% through a $23.9 million acquisition, funded by a $20 million equity placement. This move is expected to enhance earnings and maintain a robust balance sheet heading into FY25.

Janus Electric has inked a $5 million share placement and exclusive distribution deal with EVUNI, setting the stage for its heavy transport electrification technology to enter the sub-Saharan region.

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.

Pure Hydrogen Corporation has signed a Letter of Intent with California's GTS Group to supply hydrogen-powered heavy vehicles, marking a strategic push into the North American market.

Vmoto Limited reported a 10.8% revenue decline to $20.8 million in H1 2025 but reduced its net loss slightly to $3 million, buoyed by resilient international sales and a strategic partnership with Uber to electrify delivery fleets across Europe.

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.

Kelsian Group reported FY25 results in line with expectations, showing revenue and earnings growth alongside a strategic review that could reshape its business focus. The company also provided FY26 EBITDA guidance and revealed plans to divest its Tourism Portfolio.

Kelsian Group Limited reported a solid 10% increase in revenue for FY25, alongside operational growth and a maintained dividend policy, while advancing sustainability initiatives and strategic portfolio adjustments.

Genesis Energy reported a robust FY25 with a 14% rise in normalised EBITDAF and a 29% jump in net profit, driven by strategic portfolio flexibility amid volatile energy markets. The company accelerated its Gen35 strategy, including key renewable projects and long-term capacity contracts to bolster New Zealand’s energy security.

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.

Pure Hydrogen Corporation has secured over $3 million in new orders for hydrogen fuel cell trucks, including prime movers for Scott Lovatt Transport and concrete agitator trucks for Heidelberg Materials, signaling rising commercial adoption of clean transport technology in Australia.

Pure Hydrogen Corporation has confirmed that the delivery and formal acceptance of its Taurus Hydrogen Fuel Cell Prime Mover to Barwon Water is material information likely to affect its share price, responding to ASX queries on disclosure timing and compliance.