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Janus Electric Agrees to $2 Million Investment From Electrovaya

Janus Electric agreed to terms for a $2 million strategic investment from battery maker Electrovaya. The proposed equity placement supports plans to expand its electric heavy-truck operations in the US and Canada.

JNS

Janus Electric Holdings ASX:JNS has agreed to terms for a $2 million strategic investment from North American battery manufacturer Electrovaya as it prepares to expand its electric heavy-truck operations in the US and Canada.The proposed equity placement, which builds on a battery supply relationsh…