OEM : Automotive
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Accelera by Cummins, Daimler Truck and PACCAR form a joint venture to advance battery cell production in the United States
Accelera by Cummins, the zero-emissions business unit of Cummins Inc. , Daimler Trucks & Buses and PACCAR are partnering to accelerate and localize battery cell production and the battery supply chain in the United States. The planned joint venture will manufacture battery cells for electric commercial vehicles and industrial applications, creating highly desirable U.S. manufacturing jobs in the growing clean technology sector. Total investment is expected to be in the range of $2-3 billion for the 21-gigawatt hour (GWh) factory.