Amplify Cell Technologies, a joint venture between Accelera,
Daimler Trucks & Buses US Holding LLC and PACCAR, recently
broke ground at its new battery cell manufacturing plant in
Marshall County, Mississippi.
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the full release here:
https://www.businesswire.com/news/home/20240701093920/en/
Amplify Cell Technologies Board Members
and Distinguished Guests Break Ground (Photo: Business Wire)
The 500-acre site will be home to a two million square-foot,
energy efficient facility with an annual manufacturing capacity of
21-gigawatt hours (GWh) for the production of
lithium-iron-phosphate (LFP) battery cells. Amplify plans to begin
battery cell production in 2027 and is expected to create more than
2,000 U.S. manufacturing jobs.
“I am thrilled to be here with so many of our partners to break
ground on this new battery cell manufacturing facility in Marshall
County,” said Kel Kearns, CEO of Amplify Cell Technologies. “United
in the mission to decarbonize our highways and interstates, our
founding partners are making a serious commitment. Marking the
start of construction on site signifies this collective effort, and
together we will lead the transformation of the commercial
transportation industry.”
Leaders from Accelera, Daimler and PACCAR were joined by State
of Mississippi Governor Tate Reeves, U.S. Senator Cindy Hyde-Smith,
and local officials to celebrate the groundbreaking.
“Mississippi is incredibly excited to welcome this historic
private sector investment from the new joint venture between
Accelera, Daimler Truck, and PACCAR,” Governor Tate Reeves said.
“This project is the largest payroll commitment in state history,
and it will bring an incredible 2,000 new jobs to this community.
This fantastic investment from these industry leaders will help to
further charge Mississippi’s electric economy.”
“As the transportation industry evolves and energy demands grow,
it’s crucial that we have American facilities producing the
materials and technologies necessary to meet those needs. This
joint venture is not only a major job booster for Mississippi, but
sets an example for future endeavors in the transportation
industry. I am thrilled to see this project take off, as it will
increase competition in the market, boost the local economy, and
provide jobs for our state,” said Senator Hyde-Smith.
“This project will change thousands of lives in North
Mississippi,” Senator Roger Wicker added. “Major development
decisions are never made lightly, but Mississippi was chosen for
this investment for a reason. Our business-friendly climate is
attracting investment at a record level. I expect this trend to
continue and look forward to more economic development
groundbreaking ceremonies in our state.”
The new facility will produce LFP battery cells, a cell
chemistry chosen for its durability and cost-effectiveness. This
initiative will localize the battery supply chain, making it more
robust and responsive to the needs of the growing electric
commercial vehicle market in North America.
Accelera, Daimler Truck and PACCAR have committed a combined $2
to $3 billion investment in this joint venture and each own 30
percent of Amplify Cell Technologies. EVE Energy serves as the
technology partner with 10 percent 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. The
partners are committed to leading the commercial vehicle industry’s
transition to zero-emissions technologies and reducing carbon
emissions consistent with the Paris Climate Agreement.
About Amplify Cell Technologies
Amplify Cell Technologies, a joint venture between Accelera,
Daimler Trucks & Buses US Holding LLC, and PACCAR with EVE
Energy as technology partner, is localizing battery cell production
and the battery supply chain in the United States through the
production of lithium-iron-phosphate (LFP) battery cells for
electric commercial vehicles and industrial applications.
Located in Marshall County, Mississippi, Amplify’s two million
square-foot facility will have an annual manufacturing capacity of
21-gigawatt hours. Amplify plans to begin battery cell production
in 2027 and is expected to create more than 2,000 U.S.
manufacturing jobs.
For more information about Amplify Cell Technologies, visit
amplifycelltech.com.
About Accelera
Accelera provides a diverse portfolio of zero-emissions
solutions for the world’s most economically vital industries,
empowering them to accelerate the transition to a sustainable
future. Accelera, a business segment of Cummins Inc., is both a
components supplier and integrator, focused on batteries, hydrogen
fuel cells, e-axles, traction motors and inverters, integrated
powertrain solutions, and electrolyzers. Accelera currently has
operations in North America, across Europe and in China.
Cummins, a global power solutions leader, is a corporation of
complementary business segments that design, manufacture,
distribute and service a broad portfolio of power solutions.
Headquartered in Columbus, Indiana (U.S.), Cummins employs
approximately 75,500 people committed to powering a more prosperous
world. It operates a robust distribution and support network in
more than 190 countries and territories. Cummins earned about $735
million on sales of $34.1 billion in 2023.
To learn more about Accelera, visit accelerazero.com.
About Daimler Truck
Daimler Truck Holding AG ("Daimler Truck") is one of the world's
largest commercial vehicle manufacturers with more than 40 main
locations and more than 100,000 employees worldwide. The business
activities of Daimler Truck are divided into five reporting
segments: Trucks North America (TN) with the truck brands
Freightliner and Western Star and the school bus brand Thomas Built
Buses, Trucks Asia (TA) with the commercial vehicle brands FUSO,
BharatBenz and RIZON, Mercedes-Benz (MB) with the truck brand of
the same name, and Daimler Buses (DB) with the bus brands
Mercedes-Benz and Setra. The fifth segment is Daimler Truck
Financial Services (DTFS). In addition to the sale of new and used
commercial vehicles, the company also offers aftersales services
and connectivity solutions and invests in advanced technologies
such as zero emissions, hydrogen, charging infrastructure and
autonomous driving.
About PACCAR
PACCAR is a global technology leader in the design, manufacture
and customer support of high-quality light-, medium- and heavy-duty
trucks under the Kenworth, Peterbilt and DAF nameplates. PACCAR
vehicles combine state-of-the-art diesel and zero-emissions
powertrains with comprehensive PACCAR charging solutions and
infrastructure support. PACCAR also provides financial services and
information technology, and distributes truck parts related to its
principal business.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240701093920/en/
Cummins Media Contact: Jon Mills +1-317-658-4540
jon.mills@cummins.com
Daimler Truck Media Contact: Andrew Johnson
+1-503-799-7234 andrew.johnson@daimlertruck.com
PACCAR Media Contact: Ken Hastings +1-425-468-7530
ken.hastings@paccar.com
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