Accelera by Cummins, Daimler Trucks & Buses US Holding 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. The total investment is expected to be in the range of $2-3 billion for the 21-gigawatt hour (GWh) factory.
Read the full article here