Joint venture to open $1.9 billion battery cell manufacturing facility in Mississippi
Accelera by Cummins, in partnership with Daimler Trucks & Buses US Holding and PACCAR, has announced plans to open a new, $1.9 billion battery cell manufacturing facility in Marshall County, Mississippi. The project, which will generate 2,00 new jobs for the surrounding area, is intended to deliver battery cell technology that supports the adoption of electric vehicles for medium- and heavy-duty commercial transportation. Production at the 21-gigawatt hour (GWh) factory is expected to begin in 2027. According to the companies, each brand will own 30% of the business, with EVE Energy owning 10% of the joint venture and contributing battery cell design and manufacturing expertise to the future cell manufacturing plant.
In a recent quote, Jennifer Rumsey, Cummins Chair and Chief Executive Officer, said, “This site selection represents an exciting and tangible step toward advancing our Destination Zero strategy and our vision to lead the industry toward a decarbonized future. 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.”
Investing in American Manufacturing - 2024
This map shows where manufacturers are choosing to invest their resources, whether they are building new production facilities or expanding existing plants.