Cummins, Daimler Truck, and PACCAR JV to Produce EV Battery Cells at New Mississippi Location

Jan. 22, 2024
Each of the companies will own 30% of and jointly control the business – which will focus on lithium-iron-phosphate (LFP) battery technology for commercial battery-electric trucks

A joint venture (JV) between Accelera by Cummins, Daimler Trucks & Buses, and PACCAR – has selected Marshall County, Mississippi, as the future site of its new 21 GWh battery cell manufacturing facility.

Starting in 2027, the JV will localize battery cell production for commercial EVs and is expected to create more than 2,000 US manufacturing jobs, with an option for further expansion as demand grows.

“This site selection represents an exciting and tangible step toward advancing our Destination Zero strategy and our vision to lead the industry toward a decarbonized future,” said Jennifer Rumsey, Cummins Chair and CEO. “We are excited to join the Marshall County community to drive economic growth and job creation in Mississippi while continuing to expand our strong partnerships and serve the diverse needs of our customers.”

The JV between Accelera, Daimler Truck, and PACCAR was announced in September 2023 and hopes to create scale to deliver cost-effective and differentiated battery cell technology to support EV adoption for the medium- and heavy-duty commercial transportation sector.

Each of the companies will own 30% of and jointly control the business – which will focus on lithium-iron-phosphate (LFP) battery technology for commercial battery-electric trucks.

EVE Energy, a manufacturer of LFP battery cells for vehicles, was chosen to serve as the JV’s technology partner to contribute its battery cell design and manufacturing knowledge and will have a 10% ownership in the JV.