Cummins’ zero-emissions business segment, Accelera, along with Daimler Trucks and Paccar, have identified Marshall County, Mississippi, as the future site for advanced battery cell manufacturing for their collaborative venture.
The joint effort aims to localise battery cell production for commercial electric vehicles, anticipating the creation of over 2,000 US manufacturing jobs and the potential for further expansion based on demand. The 21-gigawatt hour (GWh) factory is expected to start production in 2027.
First announced in September 2023, the joint venture between Accelera, Daimler Truck, and Paccar is designed to achieve economies of scale, providing cost-effective and differentiated battery cell technology for medium- and heavy-duty commercial transportation. The three entities will jointly own and control 30% each of the business, focusing on lithium-iron-phosphate (LFP) battery technology for commercial battery-electric trucks. EVE Energy, with a 10% ownership stake, will serve as the technology partner, contributing its expertise in battery cell design and manufacturing to the future plant.
“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,” said Jennifer Rumsey, Cummins Chair and CEO.
The transaction is subject to customary closing conditions, regulatory approvals, and the submission of a voluntary notice to the Committee on Foreign Investment in the United States (CFIUS).