Company Interview / The new small cap 'charging' ahead

Ian Campbell from Janus Electric (ASX: JNS) shares the company's vision to transform the heavy vehicle industry with swappable batteries designed for diesel trucks. He mentions that this innovation reduces charging downtimes significantly, getting trucks back on the road within minutes, unlike traditional EV models.

Ian highlights that the recent ASX listing and $8.8 million capital raise mark a significant step in deploying this technology across Australia. He acknowledges challenges during the capital raise but appreciates the support from local and VC investors. The focus lies on electrifying existing diesel fleets, primarily for routes within a 200km range.

Industry response is positive, with an order book of 142 units from companies like Cube Cement Australia. Janus Electric produces its batteries in Australia, emphasising sustainable, local manufacturing. Ian notes regulatory achievements around weight dispensation and plans to use funds to scale operations and infrastructure.