Cummins, Daimler Truck, and PACCAR have chosen Marshall County, Mississippi, as the future site for advanced battery cell manufacturing. The joint venture, announced in September 2023, aims to localize battery cell production for commercial electric vehicles, creating over 2,000 U.S. manufacturing jobs. The 21-gigawatt hour factory is set to produce battery cells starting in 2027, supporting the partners' commitment to zero-emission technologies and the reduction of carbon emissions.
In a monumental stride towards sustainable transportation, Cummins, Daimler Truck, and PACCAR have pinpointed Marshall County, Mississippi, as the strategic location for their cutting-edge battery cell manufacturing plant. This joint venture, unveiled in September 2023, is poised to revolutionize commercial electric vehicles by localizing battery cell production. The factory, with a projected capacity of 21 gigawatt hours, is slated to commence battery cell production in 2027, a pivotal move in supporting the adoption of zero-emission technologies in medium- and heavy-duty commercial transportation.
The collaborative effort allocates ownership and control, with each partner - Accelera by Cummins, Daimler Truck, and PACCAR - holding a 30% stake in the venture. EVE Energy, a global leader in LFP battery cells, joins as a technology partner with a 10% ownership share, contributing expertise to the lithium-iron-phosphate (LFP) battery technology for commercial battery-electric trucks.
Jennifer Rumsey, Cummins Chair and CEO, expressed enthusiasm about advancing their Destination Zero strategy and contributing to a decarbonized future. The venture is expected to create substantial economic growth and job opportunities in Mississippi, aligning with the partners' commitment to environmental sustainability.
John O'Leary, President and CEO of Daimler Truck North America, extended gratitude to Mississippi and the Marshall County community for their collaboration in achieving the goal of localized battery cell production. The initiative aims to provide fleets with cost-effective options for decarbonizing their operations, ultimately supporting shared climate goals.
Preston Feight, PACCAR Chief Executive Officer, highlighted the strong partnership with Mississippi and the anticipated expansion through the new battery cell factory. The facility is envisioned to offer industry-leading, cost-effective zero-emission solutions for customers.
The partners, Accelera, Daimler Truck, and PACCAR, are actively steering the commercial vehicle sector towards a zero-emissions future. Committed to reducing carbon emissions in alignment with the Paris Climate Agreement, the joint venture represents a significant contribution to sustainable transportation solutions.
In conclusion, the collaborative efforts of Cummins, Daimler Truck, and PACCAR in selecting Marshall County, Mississippi, as the hub for their advanced battery cell manufacturing plant mark a crucial step towards transforming commercial electric vehicles. This joint venture, with a projected 21-gigawatt hour capacity, promises to create over 2,000 U.S. manufacturing jobs and support the adoption of zero-emission technologies in medium- and heavy-duty commercial transportation. With a shared commitment to reducing carbon emissions and fostering sustainability, the partners are poised to play a pivotal role in the transition to a more environmentally friendly future. The localization of battery cell production signifies a significant contribution to economic growth, job creation, and the realization of climate goals in Mississippi.