Highlights

  • During the September quarter, Pure One completed delivery of its first hydrogen fuel-cell concrete agitator truck to Heidelberg Materials.
  • After quarter end, the company disclosed the first nine orders for Zeus electric vans and the appointment of three dealers across New South Wales, Queensland and Western Australia.
  • Pure One reported securing an AUD 1.17 million Equity Placement in October.
  • Future priorities include delivering the initial vans, progressing field testing and broadening distribution.

Pure One Corporation (ASX:P1E) progressed its commercial clean-transport programme in 2026, pairing a hydrogen fuel-cell truck delivery with an initial order book for electric vans.

Its activities cover vehicle supply, dealer distribution and the testing of electric commercial vehicles ahead of broader customer deliveries.

Commercial Vehicle Programme Moves Ahead

During the September quarter, Pure One completed delivery of its first hydrogen fuel-cell concrete agitator truck to Heidelberg Materials. The company reported approximately AUD 1.1 million of Revenue associated with the delivery. This is an executed vehicle Supply milestone, separate from the anticipated future scale of any electric vehicle rollout. The company also showcased its Alpha battery-swap prime mover and Zeus electric van range at an Eastern Creek event on 30 September.

Zeus Dealer Network Takes Shape

After quarter end, the company disclosed the first nine orders for Zeus electric vans and the appointment of three dealers across New South Wales, Queensland and Western Australia. Deliveries were expected by early 2027. Management described a goal of ten dealer groups by the middle of 2027, which is a target rather than an achieved network size. Sales conversion and delivery timing are linked to customer Demand and logistics.

Capital Supports the Next Stage

Pure One reported securing an AUD 1.17 million equity placement in October. Its September quarterly activities report described further testing, customer engagement and vehicle commercialisation. The Alpha prime mover and Zeus range are distinct products with different deployment and testing requirements. Orders and dealer appointments demonstrate commercial engagement but should not be equated with completed deliveries or recurring sales revenue.

Outlook: Next Development Priorities

Future priorities include delivering the initial vans, progressing field testing and broadening distribution. Additional sales volumes are not guaranteed, and expected delivery dates remain forward looking.

P1E shares traded at AUD 0.033 on 6 November 2026, with a daily change of 0.00%. Market Capitalisation was approximately AUD 14.31 million.