Fast-track: electric trucks to hit Aussie roads faster

Fast-track: electric trucks to hit Aussie roads faster

One company's plans to electrify heavy-duty transport will accelerate and expand to more towns after a multimillion-dollar investment.

New Energy Transport secures funding to fast-track electric freight rollout in Australia

New Energy Transport has announced it has secured new funding to accelerate the rollout of its electric road freight operations in Australia, as it moves to deploy a modular charging and trucking network aimed at supporting large-scale freight electrification.

Electric trucking startup raises $5 million

The $5 million, from VC Jekara Group, will help the New Energy Transport put its heavy-duty electric truck fleet on the road in 2026.

New Energy Transport accelerates electric road freight fleet

Electric road freight company New Energy Transport (NET) has secured funding to fast-track the electrification of Australian road freight with its first electric trucks expected to be operational before the end of 2026. A pioneering modular approach to road freight electrification will accelerate the company’s path to market, providing large transport buyers reliable, cost-effective, and all-electric road freight. The plan will see NET invest in…

$5 million injection to accelerate electric freight rollout

The company said it's proven electric trucks deliver significant productivity and economic benefits. Image: NET Electric road freight operator New Energy Transport (NET) says it will have up to 20 electric prime movers on Australian roads by the end of 2026 after securing an initial $5 million funding boost to accelerate its expansion plans. The Sydney-based company announced today that the funding round, backed by investors including Jekara Gro…

New Energy Transport accelerates electrification - Prime Mover Magazine

Image: Kaizenco.New Energy Transport (NET) has secured new funding for the rollout of electric road freight operations across Australia. Its first electric trucks are expected to be operational before the end of 2026. The funding round, backed by institutional investors including Jekara Group alongside family offices and high-net-worth investors, has unlocked an initial $5 million to […] The post New Energy Transport accelerates electrification …