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Accelera by Cummins, Daimler Truck and PACCAR complete battery joint venture transaction to form Amplify Cell Technologies

Accelera by Cummins, Daimler Trucks & Buses US Holding LLC and PACCAR have completed the formation of their joint venture, now known as Amplify Cell Technologies, to localize battery cell production and the battery supply chain in the United States. (Earlier post.)

This strategic collaboration will advance zero-emissions technology for electric commercial vehicles and industrial applications. Amplify will soon begin construction of a 21-gigawatt hour (GWh) factory in Marshall County, Miss., with potential for further expansion as demand grows. The factory is expected to create more than 2,000 US manufacturing jobs and is targeting the start of its production operations in 2027.

Amplify Cell Technologies has named Kel Kearns as the new Chief Executive Officer. Kearns will lead Amplify in producing differentiated lithium-iron-phosphate (LFP) battery cells that create value for commercial vehicle customers in North America. Kearns’ career spans several decades holding various roles in automotive and manufacturing industries, with his most recent responsibility focused on large-scale electric vehicle manufacturing.

Accelera, Daimler Truck and PACCAR each own 30% of the business. EVE Energy serves as the technology partner with 10% ownership and contributes its industry-leading battery cell design and manufacturing expertise to the venture. EVE Energy is a global technology leader in the manufacture of LFP battery cells for the vehicle industry.

Comments

SJC

We are seeing more lithium ion battery production in the US due to the IRA legislation back when George W Bush was president he couldn't really give a darn about battery Manufacturing he was an oil guy from Texas

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