A $2-3 billion battery factory for electric trucks is headed to Mississippi

Daimler Vans, Accelera by Cummins, and truck maker PACCAR will construct an enormous battery cell manufacturing facility for electrical vans in Mississippi.

The businesses have chosen Marshall County, Mississippi, southeast of Memphis, for the three way partnership’s manufacturing facility, which can localize battery cell manufacturing for industrial electrical vans. It’s anticipated to create greater than 2,000 US manufacturing jobs. The 21-gigawatt hour (GWh) manufacturing facility is scheduled to start producing battery cells in 2027.

The three way partnership between Accelera by Cummins, Daimler Truck, and PACCAR – which manufactures light-, medium-, and heavy-duty vans beneath the Kenworth, Peterbilt, and DAF nameplates – was introduced in September 2023.

The overall funding is predicted to be within the vary of $2-3 billion for the manufacturing facility, and the preliminary focus might be on lithium-iron-phosphate (LFP) battery know-how.

Daimler asserts that the LFP battery cells they produce will supply decrease value, longer life, and enhanced security with out the necessity for nickel and cobalt.

Every firm will personal 30% of the three way partnership. China-based EVE Vitality, which manufactures LFP battery cells for EVs, would be the know-how companion within the three way partnership, with 10% possession. It’s going to deliver its battery cell design and “manufacturing know-how” to the desk.

The businesses say the three way partnership permits them to create the dimensions wanted for cost-effective EV batteries, “in the end creating worth for industrial car clients in North America.”

“Localized battery cell manufacturing is a crucial element of delivering our clients – the fleets that maintain America and the world transferring – cost-effective choices for decarbonizing their operations,” stated John O’Leary, president and CEO of Daimler Truck North America.

Learn extra: Uber Freight and Greenlane team up to electrify America’s trucking routes

Picture: Daimler Truck North America


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