Electrovaya says it has a US$26-million deal with Janus Electric for swappable batteries

Electrovaya says it has secured a US$26-million deal with Janus Electric for swappable electric batteries.

According to the source, Janus Electric is an Australian Class 8 truck conversion company, and it has selected the Mississauga-based battery manufacturer.

The source does not provide additional terms of the deal.