NewVolt

About NewVolt

NewVolt is an innovative company focused on transforming Australia's road freight industry by facilitating the transition from fossil fuel-based trucks to electric and hydrogen fuel cell heavy vehicles. The company addresses the critical infrastructure gap that hinders the widespread adoption of electric vehicles (EVs) in Australia. By designing and developing a network of strategically located, low-cost, clean energy generation assets and co-located fast charging stations along high-volume road freight corridors, NewVolt aims to reduce operational costs, provide long-term fuel cost certainty, and minimize environmental impact for fleet owners.

NewVolt primarily serves logistics companies and fleet owners who are looking to modernize their ageing fleets and capitalize on the benefits of electric trucks. The company operates within the Australian market, leveraging the country's well-defined freight corridors to optimize route selection and placement of energy generation and charging infrastructure.

The business model revolves around the development and operation of essential infrastructure that supports the logistics sector. NewVolt generates revenue through the provision of electricity for charging electric trucks, as well as through partnerships and collaborations with stakeholders in the logistics and energy sectors. By offering a reliable and sustainable energy solution, NewVolt ensures fuel security and contributes to the decarbonization of the transport sector.