ARENA provides up to $25.3 million for NewVolt's electric truck charging network in Victoria

The Australian Renewable Energy Agency (ARENA) has committed up to $25.3 million to NewVolt to establish a shared fast-charging network for electric trucks in Victoria. This initiative aims to support the electrification of Australian road freight by building three open-access charging hubs in Melbourne's west, south-east, and northern suburbs. The network will provide fast charging for both foundation fleet customers and the broader industry, supporting between 50 and 100 electric trucks in its first phase. The project is funded through ARENA’s Driving the Nation Program, designed to accelerate emissions reductions in Australia's transport sector and build confidence in electric freight solutions.

Counterparts (2)

Investor

Australian Renewable Energy Agency (ARENA)

company

Canberra-based Australian Government agency established in 2012 to accelerate the shift to renewable energy. It provides funding for research, development, demonstration, and deployment of renewable energy and enabling technologies across Australia, having committed over $2.2 billion to more than 700 projects.

borrower

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NewVolt

company