Marshall County, Mississippi, is the future site of a planned joint venture of Accelera, the zero-emissions segment of Cummins; Daimler Trucks & Buses US Holding, a subsidiary of Daimler Trucks; and US commercial truck maker PACCAR, which produces diesel and electric models under the Kenworth, Peterbilt and DAF brands.

Plans call for the 21 GWh facility to begin production of lithium-iron-phosphate battery cells in 2027 for use in medium- and heavy-duty commercial electric trucks.

Accelera, Daimler Truck and PACCAR will each own 30% stakes and jointly control the business. China-headquartered battery maker EVE Energy has 10% ownership and will serve as technology partner, contributing its battery cell design. The transaction is subject to closing conditions and regulatory approvals, including the submission of a notice to the Committee on Foreign Investment in the United States (CFIUS).

“Localized battery cell production is an important component of delivering our customers cost-effective options for decarbonizing their operations,” said John O’Leary, President and CEO of Daimler Truck North America.

Source: PACCAR