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https://thedriven.io/2026/04/29/fund-offers-australian-truck-operators-100-million-to-go-electric-at-no-upfront-cost/>
"London based fleet electrification and battery storage specialist Zenobē is
now accepting expressions of interest for its $100 million truck
electrification funding initiative from heavy vehicle fleet operators across
Australia.
Announced last month at the Freight Forward conference in Canberra, Zenobē
committed to invest $100 million in an effort to accelerate the rollout of
zero-emission freight across Australia.
The $100 million investment will fund not only the purchase of electric trucks,
but the full ecosystem necessary to support their operation – including
charging infrastructure, battery replacements, and deployment. Zenobē aims with
its massive investment to match or beat the total cost of ownership (TCO) of
diesel fleets.
“The direction we set in the next five years will define the trajectory for the
next two decades,” said Gareth Ridge, country director for Australia and New
Zealand at Zenobē.
“Our goal is simple: to make the transition total cost of ownership neutral so
the sustainable choice is also the commercial one.”
Zenobē aims to double the number of heavy electric trucks operating on
Australia’s roads by the end of this year, from the approximate 1,000 currently
in operation.
Its fleet electrification program is open to organisations that operate medium
to large heavy commercial vehicle fleets across Australia, have depot-based
operations or predictable duty cycles – including end-to-end heavy haulage
routes, and are planning to electrify their fleets within the next 12 to 36
months."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
