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 853121 NYSE 289,985 15.07.24 20:50:06 +5,125 +1,80% 289,800 290,110 285,910 284,860
PACCAR 861114 NASDAQ 104,800 15.07.24 20:50:06 +1,690 +1,64% 104,780 104,810 103,290 103,110

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