04.06.2024 14:29:10 - dpa-AFX: Accelera By Cummins, Daimler Truck, PACCAR Complete Battery JV Transaction

BELLEVUE (dpa-AFX) - Accelera by Cummins, Daimler Trucks & Buses US Holding
and PACCAR have completed the formation of their joint venture, now known as
Amplify Cell Technologies. Amplify will soon begin construction of a 21-gigawatt
hour factory in Marshall County, Miss., with potential for further expansion.
The factory is expected to create more than 2,000 U.S. manufacturing jobs.
Amplify Cell Technologies has named Kel Kearns as Chief Executive Officer.

Accelera, Daimler Truck and PACCAR each own 30 percent of the business. EVE
Energy serves as the technology partner with 10 percent ownership.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
CUMMINS INC. DL 2,50 853121 Frankfurt 262,400 27.06.24 08:00:58 -1,500 -0,57% 262,800 264,200 262,400 263,900
PACCAR INC. DL 1 861114 Frankfurt 96,620 27.06.24 15:41:49 -0,870 -0,89% 96,590 96,850 97,190 97,490

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