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New Energy Transport

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uuid00q3p55

Namestring
New Energy Transport
Legal namestring
New Energy Transport Pty Ltd ACN 678 171 296
Company typeenum
Private
Founded yearint
2024
Descriptiontext

New Energy Transport (NET) is a Sydney-based, privately held zero-emission heavy road freight carrier founded in 2024. The company operates a vertically integrated platform that owns and runs a fleet of battery-electric prime movers, builds and operates dedicated megawatt-scale charging infrastructure, and directly procures electricity from wholesale markets with on-site battery storage to optimise charging schedules. NET targets large enterprise freight buyers — supermarket chains, retailers, distributors, port/intermodal operators, and government freight networks — under multi-year contracted agreements, marketing 'no green premium' pricing designed to match diesel-equivalent freight costs while delivering Scope 1 and Scope 3 emissions reporting.

The core technical stack comprises Windrose E700 and Volvo FM Electric prime movers paired with a combination of fixed megawatt-scale charging depots and NET's proprietary modular Rapid Deployment charging units (640 kW dual-dispenser chargers coupled with 125 kW battery energy storage systems that can be installed in 16 weeks). Demonstrated performance includes a 460 km single-charge Sydney-Canberra run with 36 tonnes of payload and a 480 km Picton-Beresfield round trip, achieving 84% energy cost reduction versus diesel and 12-15% journey-time improvements due to sustained highway speeds on inclines.

NET generates revenue through contracted linehaul, port cartage and intermodal freight services bundled with charging access and energy management as managed services. The go-to-market is enterprise field sales — direct B2B engagement with large transport buyers, structured commercial agreements with dedicated fleet allocation, SLAs and KPIs. Initial operations target Sydney-Wollongong-Newcastle-Canberra corridors, with the Wilton depot (50 trucks initially, expanding to 200) anchoring eastern-seaboard expansion to Adelaide, Melbourne and Brisbane by 2031. The company has signed six MoU agreements to date, raised $5M in equity led by Jekara Group, and is positioning for a Series A raise.

Short descriptiontext

New Energy Transport is Australia's first zero-emission heavy road freight carrier, operating a vertically integrated platform of battery-electric prime movers, megawatt-scale charging depots, and wholesale energy management to deliver contracted linehaul and port freight to large enterprise buyers at diesel-equivalent pricing.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersSydney, Australia
HQ citystring
Sydney
HQ countrystring
Australia
HQ regionstring
Oceania
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
electric heavy trucking, zero-emission freight, battery-electric logistics, megawatt charging infrastructure, linehaul freight services
Industry1 code
1Fleet Fuel & Energy Management (Fuel Programs, EV Charging Ops)
CodeTLABAIAIPrimaryYes
NAICS code1 code
  • Freight Transportation Arrangement48851
SIC code1 code
  • Trucking & Courier Services (No Air)4210
Product category
Electric Heavy Road Freight and Logistics Services
No data
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model3 records
1Contracted Zero-Emission Heavy Road Freight Services
TypeManaged Services
Description

NET operates a fleet of fully electric prime movers providing contracted heavy road freight services. NET takes full operational responsibility for the transport task including vehicles, drivers, charging, and energy management. Revenue is earned through long-term freight contracts with large transport buyers at prices designed to match diesel-based freight costs with no green premium.

newenergy.com.au
2Charging Infrastructure Access
TypeManaged Services
Description

NET develops and operates megawatt-scale charging depots as part of its integrated service offering. These depots are strategically located along freight corridors and are a core component of the service, enabling rapid vehicle turnaround and high fleet utilisation.

newenergy.com.au
3Integrated Energy Procurement and Optimisation
TypeManaged Services
Description

NET manages energy sourcing and optimisation as part of its vertically integrated model, leveraging direct access to wholesale electricity markets, on-site battery storage, and intelligent charging schedules to manage costs and reduce exposure to market volatility. Energy management is bundled into the overall freight service offering.

newenergy.com.au
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Operations, Infrastructure, Personnel, Supply Chain, Technology or R&D, Marketing or Sales
Pricing details1 tier
1Zero-emission freight at diesel-equivalent pricing
ModelSubscriptionBilling cadenceMulti-year contract
Notes

NET offers zero-emission heavy road freight services designed to match diesel-based freight pricing with no additional 'green premium' charged to customers. Pricing is negotiated under long-term structured commercial agreements with large transport buyers.

newenergy.com.au
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

New Energy Transport is Australia's first zero-emission heavy road freight carrier. The company operates a vertically integrated platform combining battery-electric prime movers, megawatt-scale charging depots, and wholesale energy procurement to deliver contracted zero-emission linehaul and port cartage freight services to enterprise transport buyers at diesel-equivalent pricing. Services include linehaul operations, port-related freight between ports and distribution centres, megawatt-scale charging infrastructure access, integrated energy management, and long-term freight partnership agreements with Scope 1 and Scope 3 emissions reporting.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 8 values shown
  • 84% reduction in energy costs compared to diesel on the Sydney-Canberra route
+7 more records
Product overview1 text field

New Energy Transport is a vertically integrated zero-emission heavy road freight platform that combines electric prime movers, dedicated megawatt-scale charging infrastructure, and integrated wholesale energy management. The core offering comprises: Zero-Emission Linehaul Freight (battery-electric prime mover operations on major corridors), Dedicated Charging Infrastructure (depots and mobile units), Integrated Energy Management (wholesale market procurement, optimisation systems, battery storage), and Long-term Freight Partnerships (structured agreements with emissions reporting). Additional services include Port Cartage and the Rapid Deployment Project using modular mobile charging units. The company operates its own fleet of electric trucks and manages the complete value chain from energy procurement to freight delivery.

Product and service6 records
1Zero-Emission Linehaul Freight
CategoryZero-emission freight services
Description

Battery-electric prime mover services operating on key freight corridors for full truckload and contracted linehaul operations, designed for high-frequency distribution between major hubs and for short, medium and long-distance routes including DC-to-DC, DC to store (ambient and refrigerated), suppliers/producers to DC, and inter-city linehaul. Built for large transport buyers requiring zero-emission freight at diesel-equivalent pricing.

2Port Cartage Services
CategoryZero-emission freight services
Description

Zero-emission port-related freight services between ports, intermodal terminals, suppliers, and distribution centres, supporting time-critical container movements and vehicle transport operations. Designed for freight operators and logistics companies operating between Australian ports (such as Port Botany) and warehouses or intermodal terminals.

3Dedicated Charging Infrastructure
CategoryCharging infrastructure
Description

Megawatt-scale charging depots designed for rapid vehicle turnaround, high fleet utilisation, and scalable corridor expansion, including modular mobile ultra-fast charging units (640 kW dual-dispenser chargers paired with 125 kW battery energy storage systems in skid-mounted units deployable in 16 weeks). Built to anchor the planned Wilton mega-depot (Australia's largest heavy electric trucking depot, initially 50 trucks, expandable to 200) and additional corridor depots.

4Integrated Energy Management
CategoryEnergy management services
Description

Strategic energy procurement and optimisation service combining direct access to wholesale electricity markets, on-site energy optimisation systems, intelligent charging schedules, and battery storage for peak pricing management. Bundled into NET's freight offering to reduce exposure to energy market volatility and deliver diesel-equivalent landed cost.

5Long-term Freight Partnerships
CategoryLong-term contracted services
Description

Structured multi-year commercial agreements with large transport buyers including dedicated fleet allocation, defined service levels and KPIs, and Scope 1 and Scope 3 emissions reporting aligned with mandatory climate disclosure frameworks. Designed as long-term contracts at diesel-equivalent pricing.

6Rapid Deployment Project
CategoryDeployment services
Description

Modular deployment service programme using mobile ultra-fast charging units (640 kW dual-dispenser chargers with 125 kW battery energy storage systems) on NSW freight corridors, enabling rapid scaling of freight capacity without waiting for fixed depot build-out. Backs the response to surge in demand for zero-emission freight following diesel price volatility.

Scale indicator11 records

Each record includes

Type, Value, Description, Source

Partnership6 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-03-30
Description

ANC is NET's partner for the Sydney-Canberra 'green corridor'. ANC operates one of Australia's largest last-mile EV delivery fleets (100+ electric vehicles). For the Sydney-Canberra end-to-end delivery, NET handled the heavy linehaul segment and ANC completed last-mile deliveries in Canberra with electric vans. Daily SYD-CBR electric operations planned for Q3 2026. ANC has committed to transitioning 30% of its fleet to electric by 2028.

Strategic tierMinorTypeGTM or Marketing PartnerAnnounced on2026-03-30
Description

The Smart Energy Council hosted the press conference for NET's Sydney-Canberra delivery on the lawns of Parliament House in Canberra, alongside the Smart Energy Council's Freight Forward Summit. Smart Energy Council CEO John Grimes has publicly endorsed NET's electric freight capabilities as critical to Australia's energy security.

3Parliamentary Friends of EVs
Strategic tierMinorTypeGTM or Marketing PartnerAnnounced on2026-03-29
Description

Parliamentary Friends of EVs (co-chaired by Senator Michelle Ananda-Rajah and Monique Ryan MP) co-hosted the Parliament Lawn press conference following NET's Sydney-Canberra all-electric delivery. The event underscored the political and policy dimensions of freight electrification and featured displays of electric trucks including Windrose, Volvo, and a Janus Electric-converted Kenworth.

newenergy.com.au
Strategic tierCoreTypeTechnology or IntegrationAnnounced on2025-10-21
Description

Windrose is a Chinese electric truck manufacturer whose E700 electric prime mover NET uses for demonstrations and commercial operations. The Windrose truck features a 700km range at full load, 860kW fast charging capability, 1,400 horsepower, and B-double rated design. Windrose trucks have been operating internationally with proven duty cycles of over 1,000km/day. Windrose secured road vehicle type approval from the Australian Department of Infrastructure for its E700 model.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-10-21
Description

NET partnered with Multiquip (an Australian diversified company operating 500+ trucks delivering ~50,000 tonnes of feed weekly throughout NSW) for Australia's longest single-charge electric truck delivery — a 480km round trip from Picton to Beresfield carrying 36 tonnes. The partnership is governed by an MoU to explore deploying electric trucks into Multiquip's supply chain. Multiquip operates in Australia's poultry supply chain, making it a critical part of the national food supply.

Strategic tierCoreTypeGTM or Marketing PartnerAnnounced on2025-10-07
Description

Who Gives A Crap (Good Goods Pty Ltd) partnered with NET for zero-emission road freight. NET handles transport for Who Gives A Crap with a commitment to allocate 50% of their Port Botany freight requirements to NET. A commercial demonstration was conducted moving a container from Port Botany to Who Gives A Crap's warehouse in Yennora using a Volvo electric prime mover. The partnership demonstrates SME accessibility to electric freight.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

US-based operator developing truck-charging depots and electric fleet services for medium- and heavy-duty freight. Mirrors NET's vertical integration of charging infrastructure and electric truck operations on public corridors.

TypeBroad incumbent
Description

Global heavy-truck OEM with the FM Electric prime mover already supplying NET for the Who Gives A Crap port trial. Comparable on the EV-truck side of NET's stack, but Volvo does not bundle its own depot construction, energy procurement, or freight service.

TypeEmerging player
Description

Australian company focused on battery-swap electric conversions of existing heavy trucks (Kenworth). Adjacent emerging player addressing the same zero-emission Australian heavy-freight market via a different (swap-based) powertrain strategy.

TypeBroad incumbent
Description

Swedish heavy-truck OEM with an electric prime mover programme. Direct background of NET's co-founder Fredrik Pehrsson (former Head of Innovation). Comparable as the OEM incumbent whose product roadmap sets the technology ceiling for Australian fleet electrification.

TypeRegional player
Description

Australia's largest private logistics and trucking operator. Comparable as the incumbent Australian freight carrier NET must displace or partner with; same domestic market, but diesel-fleet-based and lacking a dedicated zero-emission linehaul product.

TypeOthers
Description

Chinese electric prime mover (E700) manufacturer and NET's core technology partner — supplier of the trucks used in all of NET's headline demonstrations. Comparable as an enabling OEM rather than a competitor.

TypeBroad incumbent
Description

Global heavy-truck manufacturer behind the Mercedes-Benz eActros and eActros 600 long-haul electric trucks. A direct incumbent rival in the same zero-emission linehaul category NET targets in Australia, with a global balance sheet and dealer network.

TypeRegional player
Description

Major Australian freight and logistics operator with deep domestic network reach. Comparable as the incumbent customer and potential competitive bidder for the same large transport buyer RFPs NET is targeting with its zero-emission pitch.

TypeDirect peer
Description

Swedish electric and autonomous freight operator running a fleet-as-a-service model with proprietary charging and routing. Closest direct comparable globally — both operate electric trucks, own charging, and sell freight services (not trucks) directly to shippers.

TypeEmerging player
Description

US EV maker with a commercial-van business (Rivian Commercial Vehicles) targeting fleet electrification. Comparable as an emerging OEM-led player moving into electric commercial transport, though focused on lighter-duty vans rather than heavy linehaul.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks7 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers3 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles5 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance3 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

New Energy Transport

Electric Heavy Road Freight and Logistics Servicesnewenergy.com.au

New Energy Transport is Australia's first zero-emission heavy road freight carrier, operating a vertically integrated platform of battery-electric prime movers, megawatt-scale charging depots, and wholesale energy management to deliver contracted linehaul and port freight to large enterprise buyers at diesel-equivalent pricing.

What New Energy Transport does

New Energy Transport (NET) is a Sydney-based, privately held zero-emission heavy road freight carrier founded in 2024. The company operates a vertically integrated platform that owns and runs a fleet of battery-electric prime movers, builds and operates dedicated megawatt-scale charging infrastructure, and directly procures electricity from wholesale markets with on-site battery storage to optimise charging schedules. NET targets large enterprise freight buyers — supermarket chains, retailers, distributors, port/intermodal operators, and government freight networks — under multi-year contracted agreements, marketing 'no green premium' pricing designed to match diesel-equivalent freight costs while delivering Scope 1 and Scope 3 emissions reporting.

The core technical stack comprises Windrose E700 and Volvo FM Electric prime movers paired with a combination of fixed megawatt-scale charging depots and NET's proprietary modular Rapid Deployment charging units (640 kW dual-dispenser chargers coupled with 125 kW battery energy storage systems that can be installed in 16 weeks). Demonstrated performance includes a 460 km single-charge Sydney-Canberra run with 36 tonnes of payload and a 480 km Picton-Beresfield round trip, achieving 84% energy cost reduction versus diesel and 12-15% journey-time improvements due to sustained highway speeds on inclines.

NET generates revenue through contracted linehaul, port cartage and intermodal freight services bundled with charging access and energy management as managed services. The go-to-market is enterprise field sales — direct B2B engagement with large transport buyers, structured commercial agreements with dedicated fleet allocation, SLAs and KPIs. Initial operations target Sydney-Wollongong-Newcastle-Canberra corridors, with the Wilton depot (50 trucks initially, expanding to 200) anchoring eastern-seaboard expansion to Adelaide, Melbourne and Brisbane by 2031. The company has signed six MoU agreements to date, raised $5M in equity led by Jekara Group, and is positioning for a Series A raise.

New Energy Transport firmographics

Firmographics
Name
New Energy Transport
Legal name
New Energy Transport Pty Ltd ACN 678 171 296
Website
https://newenergy.com.au
Company type
Private
Founded year
2024
Operating status
Operating
Headcount range
1–10 employees
Short description
New Energy Transport is Australia's first zero-emission heavy road freight carrier, operating a vertically integrated platform of battery-electric prime movers, megawatt-scale charging depots, and wholesale energy management to deliver contracted linehaul and port freight to large enterprise buyers at diesel-equivalent pricing.
Ownership category
akta.pro rank

New Energy Transport industry classification

Industry
Product category
Electric Heavy Road Freight and Logistics Services
NAICS
Freight Transportation Arrangement (48851)
SIC
Trucking & Courier Services (No Air) (4210)
akta.pro primary industry
Fleet Fuel & Energy Management (Fuel Programs, EV Charging Ops) (TLABAIAI)

Keywords

  • Electric heavy trucking
  • Zero-emission freight
  • Battery-electric logistics
  • Megawatt charging infrastructure
  • Linehaul freight services

Where New Energy Transport is headquartered

Location

Headquarters

HQ city
Sydney
HQ country
Australia
HQ region
Oceania

Offices2 records

Markets served

New Energy Transport business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Operations, Infrastructure, Personnel, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

  1. Contracted Zero-Emission Heavy Road Freight Services: NET operates a fleet of fully electric prime movers providing contracted heavy road freight services. NET takes full operational responsibility for the transport task including vehicles, drivers, charging, and energy management. Revenue is earned through long-term freight contracts with large transport buyers at prices designed to match diesel-based freight costs with no green premium.
  2. Charging Infrastructure Access: NET develops and operates megawatt-scale charging depots as part of its integrated service offering. These depots are strategically located along freight corridors and are a core component of the service, enabling rapid vehicle turnaround and high fleet utilisation.
  3. Integrated Energy Procurement and Optimisation: NET manages energy sourcing and optimisation as part of its vertically integrated model, leveraging direct access to wholesale electricity markets, on-site battery storage, and intelligent charging schedules to manage costs and reduce exposure to market volatility. Energy management is bundled into the overall freight service offering.

Pricing tiers

ModelBillingPrice
SubscriptionMulti-year contractZero-emission freight at diesel-equivalent pricing

Go-to-market motion2 records

Distribution channels1 record

Marketing channels5 records

New Energy Transport product offering

Product offering

Core offering

New Energy Transport is Australia's first zero-emission heavy road freight carrier. The company operates a vertically integrated platform combining battery-electric prime movers, megawatt-scale charging depots, and wholesale energy procurement to deliver contracted zero-emission linehaul and port cartage freight services to enterprise transport buyers at diesel-equivalent pricing. Services include linehaul operations, port-related freight between ports and distribution centres, megawatt-scale charging infrastructure access, integrated energy management, and long-term freight partnership agreements with Scope 1 and Scope 3 emissions reporting.

Product overview

New Energy Transport is a vertically integrated zero-emission heavy road freight platform that combines electric prime movers, dedicated megawatt-scale charging infrastructure, and integrated wholesale energy management. The core offering comprises: Zero-Emission Linehaul Freight (battery-electric prime mover operations on major corridors), Dedicated Charging Infrastructure (depots and mobile units), Integrated Energy Management (wholesale market procurement, optimisation systems, battery storage), and Long-term Freight Partnerships (structured agreements with emissions reporting). Additional services include Port Cartage and the Rapid Deployment Project using modular mobile charging units. The company operates its own fleet of electric trucks and manages the complete value chain from energy procurement to freight delivery.

Differentiator

Problem solved

Functional benefit

Products and services

  • Zero-Emission Linehaul Freight Battery-electric prime mover services operating on key freight corridors for full truckload and contracted linehaul operations, designed for high-frequency distribution between major hubs and for short, medium and long-distance routes including DC-to-DC, DC to store (ambient and refrigerated), suppliers/producers to DC, and inter-city linehaul. Built for large transport buyers requiring zero-emission freight at diesel-equivalent pricing.
  • Port Cartage Services Zero-emission port-related freight services between ports, intermodal terminals, suppliers, and distribution centres, supporting time-critical container movements and vehicle transport operations. Designed for freight operators and logistics companies operating between Australian ports (such as Port Botany) and warehouses or intermodal terminals.
  • Dedicated Charging Infrastructure Megawatt-scale charging depots designed for rapid vehicle turnaround, high fleet utilisation, and scalable corridor expansion, including modular mobile ultra-fast charging units (640 kW dual-dispenser chargers paired with 125 kW battery energy storage systems in skid-mounted units deployable in 16 weeks). Built to anchor the planned Wilton mega-depot (Australia's largest heavy electric trucking depot, initially 50 trucks, expandable to 200) and additional corridor depots.
  • Integrated Energy Management Strategic energy procurement and optimisation service combining direct access to wholesale electricity markets, on-site energy optimisation systems, intelligent charging schedules, and battery storage for peak pricing management. Bundled into NET's freight offering to reduce exposure to energy market volatility and deliver diesel-equivalent landed cost.
  • Long-term Freight Partnerships Structured multi-year commercial agreements with large transport buyers including dedicated fleet allocation, defined service levels and KPIs, and Scope 1 and Scope 3 emissions reporting aligned with mandatory climate disclosure frameworks. Designed as long-term contracts at diesel-equivalent pricing.
  • Rapid Deployment Project Modular deployment service programme using mobile ultra-fast charging units (640 kW dual-dispenser chargers with 125 kW battery energy storage systems) on NSW freight corridors, enabling rapid scaling of freight capacity without waiting for fixed depot build-out. Backs the response to surge in demand for zero-emission freight following diesel price volatility.

Quantifiable outcome

  • 84% reduction in energy costs compared to diesel on the Sydney-Canberra route
  • +7 more outcomes

Companies that use New Energy Transport

Customer profile

Named customers3 records

Segments4 records

Ideal customer profiles4 records

New Energy Transport technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

New Energy Transport partnerships and signals

Strategic signal

Partnerships

Six partnerships are on record, tiered core and minor.

  • ANC (ANC Delivers)coreStrategic or Co-development Partner · 30 March 2026ANC is NET's partner for the Sydney-Canberra 'green corridor'. ANC operates one of Australia's largest last-mile EV delivery fleets (100+ electric vehicles). For the Sydney-Canberra end-to-end delivery, NET handled the heavy linehaul segment and ANC completed last-mile deliveries in Canberra with electric vans. Daily SYD-CBR electric operations planned for Q3 2026. ANC has committed to transitioning 30% of its fleet to electric by 2028.
  • Smart Energy CouncilminorGTM or Marketing Partner · 30 March 2026The Smart Energy Council hosted the press conference for NET's Sydney-Canberra delivery on the lawns of Parliament House in Canberra, alongside the Smart Energy Council's Freight Forward Summit. Smart Energy Council CEO John Grimes has publicly endorsed NET's electric freight capabilities as critical to Australia's energy security.
  • Parliamentary Friends of EVsminorGTM or Marketing Partner · 29 March 2026Parliamentary Friends of EVs (co-chaired by Senator Michelle Ananda-Rajah and Monique Ryan MP) co-hosted the Parliament Lawn press conference following NET's Sydney-Canberra all-electric delivery. The event underscored the political and policy dimensions of freight electrification and featured displays of electric trucks including Windrose, Volvo, and a Janus Electric-converted Kenworth.
  • WindrosecoreTechnology or Integration · 21 October 2025Windrose is a Chinese electric truck manufacturer whose E700 electric prime mover NET uses for demonstrations and commercial operations. The Windrose truck features a 700km range at full load, 860kW fast charging capability, 1,400 horsepower, and B-double rated design. Windrose trucks have been operating internationally with proven duty cycles of over 1,000km/day. Windrose secured road vehicle type approval from the Australian Department of Infrastructure for its E700 model.
  • MultiquipcoreStrategic or Co-development Partner · 21 October 2025NET partnered with Multiquip (an Australian diversified company operating 500+ trucks delivering ~50,000 tonnes of feed weekly throughout NSW) for Australia's longest single-charge electric truck delivery — a 480km round trip from Picton to Beresfield carrying 36 tonnes. The partnership is governed by an MoU to explore deploying electric trucks into Multiquip's supply chain. Multiquip operates in Australia's poultry supply chain, making it a critical part of the national food supply.
  • Who Gives A CrapcoreGTM or Marketing Partner · 7 October 2025Who Gives A Crap (Good Goods Pty Ltd) partnered with NET for zero-emission road freight. NET handles transport for Who Gives A Crap with a commitment to allocate 50% of their Port Botany freight requirements to NET. A commercial demonstration was conducted moving a container from Port Botany to Who Gives A Crap's warehouse in Yennora using a Volvo electric prime mover. The partnership demonstrates SME accessibility to electric freight.

Scale indicators11 records

Recent moves7 records

Expansion highlights6 records

New Energy Transport competitors and assessment

Company assessment

Direct peers

  • WattEV: US-based operator developing truck-charging depots and electric fleet services for medium- and heavy-duty freight. Mirrors NET's vertical integration of charging infrastructure and electric truck operations on public corridors.
  • Einride: Swedish electric and autonomous freight operator running a fleet-as-a-service model with proprietary charging and routing. Closest direct comparable globally — both operate electric trucks, own charging, and sell freight services (not trucks) directly to shippers.

Broad incumbents

  • Volvo Trucks: Global heavy-truck OEM with the FM Electric prime mover already supplying NET for the Who Gives A Crap port trial. Comparable on the EV-truck side of NET's stack, but Volvo does not bundle its own depot construction, energy procurement, or freight service.
  • Scania: Swedish heavy-truck OEM with an electric prime mover programme. Direct background of NET's co-founder Fredrik Pehrsson (former Head of Innovation). Comparable as the OEM incumbent whose product roadmap sets the technology ceiling for Australian fleet electrification.
  • Daimler Truck: Global heavy-truck manufacturer behind the Mercedes-Benz eActros and eActros 600 long-haul electric trucks. A direct incumbent rival in the same zero-emission linehaul category NET targets in Australia, with a global balance sheet and dealer network.

Emerging players

  • Janus Electric: Australian company focused on battery-swap electric conversions of existing heavy trucks (Kenworth). Adjacent emerging player addressing the same zero-emission Australian heavy-freight market via a different (swap-based) powertrain strategy.
  • Rivian: US EV maker with a commercial-van business (Rivian Commercial Vehicles) targeting fleet electrification. Comparable as an emerging OEM-led player moving into electric commercial transport, though focused on lighter-duty vans rather than heavy linehaul.

Regional players

  • Linfox: Australia's largest private logistics and trucking operator. Comparable as the incumbent Australian freight carrier NET must displace or partner with; same domestic market, but diesel-fleet-based and lacking a dedicated zero-emission linehaul product.
  • Toll Holdings: Major Australian freight and logistics operator with deep domestic network reach. Comparable as the incumbent customer and potential competitive bidder for the same large transport buyer RFPs NET is targeting with its zero-emission pitch.

Others

  • Windrose Technology: Chinese electric prime mover (E700) manufacturer and NET's core technology partner — supplier of the trucks used in all of NET's headline demonstrations. Comparable as an enabling OEM rather than a competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

New Energy Transport compliance and trust

Trust signal

Compliance3 records

New Energy Transport financial estimates

Financial estimate

Revenue estimate

Valuation estimate

New Energy Transport leadership team

Management profile

Number of profiles

Profiles5 records

New Energy Transport funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

New Energy Transport M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about New Energy Transport

What does New Energy Transport do?

New Energy Transport is Australia's first zero-emission heavy road freight carrier. The company operates a vertically integrated platform combining battery-electric prime movers, megawatt-scale charging depots, and wholesale energy procurement to deliver contracted zero-emission linehaul and port cartage freight services to enterprise transport buyers at diesel-equivalent pricing. Services include linehaul operations, port-related freight between ports and distribution centres, megawatt-scale charging infrastructure access, integrated energy management, and long-term freight partnership agreements with Scope 1 and Scope 3 emissions reporting.

Is New Energy Transport a public or private company?

New Energy Transport is a private company. It is classified as venture growth investor backed and is currently operating.

When was New Energy Transport founded?

New Energy Transport was founded in 2024. It employs 1 to 10 people.

Where is New Energy Transport based?

New Energy Transport is headquartered in Sydney, Australia, in the Oceania region.

How does New Energy Transport make money?

Three revenue lines are on record. Contracted Zero-Emission Heavy Road Freight Services are the primary driver. The others are charging Infrastructure Access and integrated Energy Procurement and Optimisation.

Who are New Energy Transport's main competitors?

Direct peers on record are WattEV and Einride. Broad incumbents are Volvo Trucks, Scania and Daimler Truck. Emerging players are Janus Electric and Rivian. Regional players are Linfox and Toll Holdings. Windrose Technology is listed as an others.

Does New Energy Transport have an API?

No public API is recorded for New Energy Transport.

What industry is New Energy Transport in?

New Energy Transport's product category is Electric Heavy Road Freight and Logistics Services. Its primary akta.pro industry code is TLABAIAI, Fleet Fuel & Energy Management (Fuel Programs, EV Charging Ops). Its NAICS code is 48851 and its SIC code is 4210.

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ElectrekElectric thunder down under: Volvo FH Electric gets to work in AustraliaNew Energy Transport (NET) has taken delivery of its first Volvo FH Electric semi truck in Australia, deploying it to deliver Unilever products across Sydney metro routes from the Unilever distribution center. The deployment is financed through a new arrangement between Volvo Financial Services and the Clean Energy Finance Corporation designed to reduce the cost of leasing heavy electric trucks. NET plans to expand to a fleet of 20 electric trucks supported by six Volvo mobile charging units by the end of this year.ThedrivenAustralian electric freight start-up signs up its first customer and takes delivery of first electric prime moverAustralian electric freight start-up New Energy Transport has taken delivery of its first Volvo electric prime mover and signed Unilever Australia as its inaugural commercial freight partner, with the truck to be used for deliveries from Unilever's Ingleburn distribution centre across Sydney. The delivery marks the first truck under a Volvo Financial Services arrangement with the Clean Energy Finance Corporation, with New Energy Transport planning to roll out 11 electric prime movers over the next 12 months. New Energy Transport, founded in 2024 with a goal of operating a fleet of fully electric prime movers powered by wholesale renewable energy, has also secured a $5 million equity raise and is developing Australia’s largest heavy electric truck depot near Wilton, expected to be operational in late 2027.ThedrivenAustralian electric freight start-up signs up its first customer and takes delivery of first electric prime moverNew Energy Transport took delivery of its first Volvo electric prime mover and signed Unilever Australia as its first freight partner. The truck will deliver from Ingleburn to Sydney sites, and the company plans 11 such trucks over 12 months. It also secured a $5 million equity raise to fast-track its Rapid Deployment Project.SmartCompanyThree Aussie startups that raised $72.4 million this weekThree Australian startups raised $72.4 million this week: Everlab took $65 million in Series A, New Energy Transport secured $5 million for electric trucks, and Flyweel raised $2.41 million. Everlab's round was led by Airtree Ventures, while Flyweel's pre-Seed funding targets the US market.Startup DailyElectric trucking startup raises $5 million - Startup DailyNew Energy Transport, an Australian electric trucking startup, has secured a $5 million investment from venture capital firm Jekara Group to accelerate its deployment of heavy-duty electric trucks on Australian roads. The funding will allow the company to put 20 electric prime movers into operation later in 2026 instead of mid-2027, while also funding mobile charging stations to extend their range along freight corridors. The investment comes as diesel prices have risen following conflict in the Middle East and as demand for low-emission transport options has increased among Australia's largest transport buyers.ThedrivenAustralian freight start-up plans 20 electric prime movers by end of year, and mobile chargersAustralian freight start-up New Energy Transport has secured $5 million in funding to deploy 20 electric prime movers and mobile charging units along corridors between Sydney and regional centres by the end of the year. The company aims to address anticipated diesel supply crises and reduce fuel costs, with initial operations supported by modular chargers at a hub in Wilton while its permanent depot is constructed. This expansion is backed by investors including Jekara Group and facilitated by Pollination.EsdnewsNew Energy Transport accelerates electric road freight fleetNew Energy Transport secured $5 million in funding to fast-track electric road freight in Australia, with 20 electric prime movers and six mobile ultra-fast charging units. The trucks can deliver 10,000km of fully loaded line haul freight per day, saving 2.5 million litres of diesel annually. The company plans to expand its depot network across major Australian cities by 2031.ThedrivenLong distance electric truck plans fast-tracked, with support of Australia-made chargersNew Energy Transport plans to begin commercial electric trucking from its Wilton depot as early as July 2026, using 10 eLumina charging units. The plan supports 20 trucks initially, with longer routes to Newcastle and Canberra via Windrose trucks. A longer-term expansion targets 2000 trucks by 2031.CleanTechnica“Yes We Can” — BEV Heavy Trucks Already in ServiceAustralia's heavy trucking sector is rapidly adopting battery electric vehicles (BEVs), with Fortescue leading the charge under Andrew Forrest through a US$6.2 billion commitment toward eliminating energy dependency risks and electrifying its entire fleet by 2030. Multiple companies including Janus Electric and New Energy Transport have demonstrated successful BEV operations, with Janus reporting a 60%+ share price jump following ARENA funding and New Energy Transport completing a 460 km Sydney-to-Canberra delivery without recharging. Rising diesel prices and a new national blueprint commissioned by the Australian Renewable Energy Agency for up to 165 freight charging hubs are accelerating the transition despite skepticism from some industry experts.BusinessLIVEAustralia road freight industry eyes electric trucks amid fuel crisisElectric truck companies in Australia are experiencing a surge in customer and investor inquiries following the Middle East conflict that has disrupted fuel supply and driven diesel prices above A$3 per litre. Janus Electric, which converts heavy trucks to run on interchangeable battery packs, has seen its shares jump up to 58% since the US-Israeli war on Iran began in late February, while New Energy Transport completed Australia's first electric end-to-end heavy road freight delivery between Sydney and Canberra. Despite growing interest, Australia remains a diesel-dominated system with about 800,000 diesel trucks compared to only 1,000 electric ones, and industry executives say full electrification, especially for long-haul transport, remains years away.