Janus Electric Secures $112,500 Per Vehicle Vouchers in California EV Push

By John Zadeh -

Janus Electric secures California HVIP vouchers for first U.S. vehicle conversions

Janus Electric has received confirmation that two Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP) vouchers have been granted in California for its first U.S. vehicle conversions. Each voucher provides funding of US$112,500 per vehicle, confirming the company’s technology eligibility under one of California’s flagship decarbonisation incentive programmes.

The approvals were secured within approximately three weeks and were delivered through Electric Vehicle Choice (EVC), Janus’ authorised California dealer. The rapid approval timeline validates that Janus’ conversion technology meets the rigorous requirements of the HVIP program, which is administered by the California Air Resources Board (CARB).

For fleet operators that elect to participate in the HVIP programme, the vouchers reduce the net cost of acquiring a Janus conversion. This government incentive mechanism may support faster adoption of the company’s conversion and charging solution across California’s commercial vehicle market.

Janus is progressing the inclusion of additional vehicle models and OEM platforms under its HVIP approval to broaden eligibility across a wider range of fleet operators in the state.

What is the HVIP programme and why it matters for heavy vehicle electrification

The HVIP programme represents California’s primary voucher incentive mechanism for zero-emission trucks and buses. Administered by CARB, the programme provides upfront funding to reduce acquisition costs for fleet operators purchasing eligible zero-emission vehicles.

Eligibility under HVIP positions Janus to compete in the largest state market for heavy vehicle electrification in the United States. California leads U.S. zero-emission freight policy, making HVIP approval a critical milestone for commercial vehicle technology providers seeking to scale in North America.

The HVIP voucher process delivers several benefits to fleet operators:

  1. Reduced upfront capital costs through direct voucher funding applied at point of purchase
  2. Streamlined approval process with vouchers granted within weeks rather than months
  3. Government validation confirming technology meets CARB’s zero-emission standards
  4. Improved total cost of ownership economics through reduced net acquisition price

For Janus, HVIP eligibility de-risks the company’s U.S. market entry by confirming its technology meets California’s regulatory framework whilst simultaneously making conversions more economically attractive to potential fleet customers.

Energy One MOU targets California ports infrastructure

Janus Electric has separately entered into a non-binding Memorandum of Understanding with Energy One Solutions International, Inc., a U.S.-based energy technology company headquartered in Lansdale, Pennsylvania. The collaboration focuses on exploring the development and deployment of Advanced Virtual Power Plant (AVPP)-integrated battery swap and charging infrastructure for Class 8 freight vehicles across selected North American freight corridors.

Energy One specialises in AVPP technology, which enables intelligent, grid-integrated management of distributed energy assets, including battery systems. Under the MOU, the parties intend to combine Janus’ conversion technology, battery systems, and Charge & Change infrastructure with Energy One’s AVPP platform to create grid-responsive electrification nodes along high-volume freight routes.

The MOU establishes a three-phase deployment roadmap targeting strategic freight corridors and logistics hubs across North America:

Phase Target Geography Key Focus
Phase 1 California Ports (Los Angeles/Long Beach) CTC TCEP grant-supported deployment
Phase 2 Interstate Corridors California connections to major U.S. logistics hubs
Phase 3 National Scaling Broader North American freight nodes, ports, distribution centres

Phase 1 targets deployment at the Ports of Los Angeles and Long Beach, leveraging the California Transportation Commission’s Trade Corridor Enhancement Program (CTC TCEP). Energy One will act as Prime Applicant for available grant funding, with Janus serving as the key infrastructure and technology partner.

The MOU has a 24-month term and is governed by the laws of Pennsylvania. The agreement is non-binding (other than provisions relating to confidentiality and governing law) and does not create any legally binding obligations on either party to proceed into a definitive agreement. There is no guarantee that a definitive agreement will be reached or that any deployment will proceed as described.

CEO commentary

Ben Hutt, CEO and Managing Director

“These two announcements reflect the real progress we are making in the United States. Securing HVIP vouchers for our first California conversions demonstrates our technology meets the rigorous requirements of California’s flagship incentive program, and supports initial deployment with fleet operators. The MOU with Energy One is an exciting step in our North American infrastructure strategy and provides a framework to explore freight electrification infrastructure opportunities in North America as we continue to assess the market.”

Next steps for Janus Electric’s U.S. expansion

Janus is progressing the inclusion of additional vehicle models and OEM platforms under HVIP to broaden fleet eligibility across California. This expansion of approved platforms would widen the company’s addressable market by allowing more fleet operators to access government incentives when acquiring Janus conversion systems.

The Energy One MOU provides a framework for collaboration across technical development, grant applications, and commercial engagement, subject to further agreement and funding. Whilst the MOU is non-binding and does not commit either party to proceed, it establishes a structure for exploring North American infrastructure opportunities without binding capital commitments at this stage.

The company has stated it will update the market as material developments occur regarding both HVIP expansion and the Energy One collaboration.

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John Zadeh
By John Zadeh
Founder & CEO
John Zadeh is a seasoned small-cap investor and digital media entrepreneur with over 10 years of experience in Australian equity markets. As Founder and CEO of StockWire X, he leads the platform's mission to level the playing field by delivering real-time ASX announcement analysis and comprehensive investor education to retail and professional investors globally.
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