Key Highlights

  • A non-binding MOU was signed with ConGlobal.
  • The proposed pilot covers 20 Class 8 trucks at Fort Worth, Texas.
  • Potential rollout spans ConGlobal's 31 US depot locations.
  • The MOU runs for 90 days or until a definitive agreement.

Janus Electric Holdings Limited (ASX:JNS) announced on 26 October 2026 a non-binding Memorandum of Understanding with ConGlobal, a North American operator of intermodal, finished vehicle and depot service terminals, to explore truck conversion, charging, battery-swapping and servicing capabilities across ConGlobal's US network.

Proposed pilot

The initial pilot would involve 20 Class 8 trucks operated by local fleets and independent owner-operators at ConGlobal's Fort Worth Intermodal Logistics Center in Alliance, Texas, marking an expansion of Janus' US footprint beyond California. Subject to the pilot and definitive agreements, the parties intend to explore expansion across 31 ConGlobal depots.

Roles under the MOU

ConGlobal mechanics would earn Janus certification and carry out diesel-to-electric conversions, selected facilities would host battery-swap operations and maintenance, and ConGlobal would use container modification capability to build containerised charge-and-swap stations to Janus specifications. Janus would contract directly with fleet operators for conversion kits, batteries and services.

Terms

The MOU is non-binding, commercial terms are confidential, and it remains in effect for 90 days from its effective date or until superseded by a definitive agreement. The parties also intend a joint marketing approach to carriers, shipping lines and owner-operators.

Partner and platform background

ConGlobal brings more than 50 years of experience operating terminals and depots, with technical teams that maintain chassis, yard trucks and other heavy equipment. Janus said using ConGlobal's depots allows it to establish conversion, servicing and battery-swapping capability without building its own facility at every location. ConGlobal's chief executive said each fleet's needs differ and the decision to electrify belongs to operators.

Janus describes itself as a global electrification company converting Class 6 to 8 heavy diesel trucks to electric using the Janus Conversion Module, swappable battery systems and the Janus Charge and Change Station, and says it operates in Australia, the United States, Canada and other markets.

Why This Could Matter

The structure uses ConGlobal's existing depots and workforce rather than new Janus-built facilities, which is the model the company said it is testing in Texas. Because the MOU is non-binding, the scope of the pilot depends on definitive agreements being reached within or after the 90-day period.

The Bottom Line

Janus Electric (ASX:JNS) set out a proposed 20-truck Texas pilot with ConGlobal under a non-binding 90-day MOU, with a possible extension to 31 US depots.