Janus Electric Finalises Landmark Distribution and Licence Agreement With EVUNI

Janus Electric (ASX: JNS) has executed longform agreements with Singapore-based EVUNI, cementing a partnership that secures both investment and distribution rights for its heavy vehicle electrification technology across sub-Saharan Africa.

The agreements include a $5 million share placement and a five-year distribution and licence deal, with an option to extend for another five years.

Chief executive officer Ian Campbell said the partnership demonstrates global recognition of Janus’ battery swap and conversion platform and provides a pathway into one of the world’s fastest-growing transport markets.

Investment Secures Strategic Alignment

Under the share placement agreement, EVUNI will acquire 25 million Janus shares at $0.20 each.

Tranche 1, involving 17.5 million shares valued at $3.5m, will close once the parties have fulfilled certain conditions, which they expect to do by early October.

The 7.5 million share, $1.5m second tranche 2 is subject to shareholder approval and EVUNI’s deployment of at least one Janus Conversion Unit.

Mr Campbell said the investment reflects EVUNI’s confidence in Janus’ technology and its application to large-scale transport in the region.

“Our work to date has indicated the Janus technology has tremendous potential and wide application, and we look forward to working together in pioneering the heavy transport industry in the sub-Sahara,” he said.

Distribution Agreement Opens New Markets

The licence grants EVUNI exclusive rights to distribute Janus’ technology in sub-Saharan Africa, including conversion units, charging infrastructure and battery systems.

EVUNI will place an initial order for six units to begin deployment through its existing transport network within 20 days of commencement, and will act as Janus’ exclusive distributor in the region.

It will purchase a minimum of 100 conversion and charging units in the first year, rising to 250 units annually from July 2026.

The structure provides Janus with predictable revenue streams while giving EVUNI certainty of supply as it scales electrification projects.

Janus retains full ownership of all intellectual property, ensuring long-term control of its platform as it partners with global operators.

EVUNI Targeting Decarbonisation in Africa

EVUNI has positioned itself as a leading investor in electro-mobility solutions for the sub-Saharan market.

Its projects include the International Minerals Exchange Hub, which will electrify freight routes between the Kalahari manganese fields and the port of Ngqura, using zero-carbon electricity and a Battery-as-a-Service model.

Through the partnership with Janus, EVUNI plans to accelerate the conversion of mining and freight fleets to electric power, leveraging Janus’ modular battery swap system to overcome challenges posed by long-haul distances and limited grid infrastructure.

Janus said the arrangement creates a foothold in a region where electrification could cut emissions from heavy industry while also reducing transport costs.

International Expansion Continues

Mr Campbell said the agreements represent a major step in Janus’ international expansion, confirming that the company is finalising its first conversion orders for the region and expects the first truck to join the Janus ecosystem in early 2026.

He added that the collaboration builds on Janus’ proven rollout in Australia and sets the stage for replicating its model in other international markets.

“This collaboration underlines the global potential of our technology and our ability to drive the heavy transport industry toward zero emissions,” he said.

With the agreements now executed, Janus expects to accelerate production at its Central Coast facility to meet both domestic and international demand.