Battery Cell Plant Comes to Mississippi Via Joint Venture

The Future of Battery Cell Production Battery cell technology is at the forefront of the electric vehicle revolution. With a growing demand for zero-emission transportation, the need for efficient and reliable battery cells has never been greater. This joint venture is set to address this demand head-on. The 21-gigawatt hour (GWh) factory in Marshall County, Mississippi, is expected to commence battery cell production in 2027, and it promises to be a game-changer for the industry.

Creating Jobs and Boosting Local Economies One of the most significant outcomes of this venture is the creation of more than 2,000 U.S. manufacturing jobs in Marshall County, Mississippi, with the potential for further expansion as demand grows. This is excellent news for the local community and the economy, as it demonstrates a commitment to fostering economic growth and job creation in the region.

A Shared Vision for Sustainability Accelera by Cummins, Daimler Truck, and PACCAR are not just focusing on profitability; they’re also dedicated to reducing carbon emissions in line with the Paris Climate Agreement. Their partnership signifies a step forward in achieving their shared climate goals. By providing cost-effective zero-emissions solutions for commercial trucks, they are helping fleets across America and beyond decarbonize their operations.

The Key Players in the Joint Venture

Let’s take a closer look at the key players in this groundbreaking joint venture:

• Accelera™ by Cummins: Accelera is the zero-emissions business segment of Cummins Inc. Cummins Inc. is a global power technology leader, employing approximately 73,600 people worldwide and operating in more than 190 countries and territories. They design, manufacture, distribute, and service a broad portfolio of power solutions, earning about $2.2 billion on sales of $28.1 billion in 2022. Accelera is focused on providing a diverse portfolio of zero-emissions solutions for economically vital industries, including batteries, hydrogen fuel cells, e-axles, traction drives, and electrolyzers. With operations in North America, Europe, and Asia, Accelera is well-equipped to lead the way in sustainable transportation.

• Daimler Truck: Daimler Truck Holding AG is one of the world’s largest commercial vehicle manufacturers. With over 40 main locations and more than 100,000 employees globally, Daimler Truck has a rich history in inventing the modern transportation industry. Their truck brands include Freightliner and Western Star, among others. Daimler Truck’s commitment to making sustainable transport a success and providing technologies, products, and services aligns perfectly with the goals of this joint venture. They are a key player in the transformation towards CO2-neutral driving.

• PACCAR: PACCAR is a global technology leader in the design, manufacture, and customer support of high-quality light-, medium-, and heavy-duty trucks. They operate under the Kenworth, Peterbilt, and DAF nameplates and combine state-of-the-art diesel and zero-emissions powertrains. PACCAR is also involved in comprehensive charging solutions and infrastructure support. Their premium trucks and transportation solutions are driving the world towards a better future.

• EVE Energy: EVE Energy serves as the technology partner in the joint venture, contributing 10% ownership and industry-leading battery cell design and manufacturing expertise. They are publicly traded on the Shenzhen stock exchange and are known for their proficiency in manufacturing lithium-iron-phosphate (LFP) battery cells for the vehicle industry. Their collaboration adds invaluable knowledge and capability to the joint venture, ensuring the production of top-quality battery cells.

The Road Ahead As we look forward to 2027 when the battery cell production is expected to commence, this joint venture represents a significant step towards achieving a more sustainable future for commercial trucks. With job creation, economic growth, and a shared commitment to reducing carbon emissions, Accelera by Cummins, Daimler Truck, PACCAR, and EVE Energy are leading the way in the transition to zero-emissions technologies.

This news is undoubtedly a positive development for commercial truck drivers and the entire industry. It highlights a collective effort to embrace innovation, create opportunities, and make a positive impact on the environment. The future of commercial trucks is undoubtedly looking brighter, thanks to this joint venture’s dedication to sustainable transportation solutions.