Amplify Cell Technologies, a joint venture between Accelera, Daimler Trucks and PACCAR, recently broke ground at its new battery cell manufacturing plant in Marshall County, Miss.
The 500-acre site will be home to a 2 million square-foot, energy efficient facility with an annual manufacturing capacity of 21-gigawatt hours (GWh) for the production of lithium-iron-phosphate (LFP) battery cells. Amplify plans to begin battery cell production in 2027 and is expected to create more than 2,000 U.S. manufacturing jobs.
“United in the mission to decarbonize our highways and interstates, our founding partners are making a serious commitment," said Kel Kearns, CEO of Amplify Cell Technologies. "Marking the start of construction on-site signifies this collective effort, and together we will lead the transformation of the commercial transportation industry.”
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The new facility will produce LFP battery cells, a cell chemistry chosen for its durability and cost-effectiveness. This initiative will localize the battery supply chain, making it more robust and responsive to the needs of the growing electric commercial vehicle market in North America.
Accelera, Daimler Truck and PACCAR have committed a combined $2 billion to $3 billion investment in this joint venture and each own 30% of Amplify Cell Technologies. EVE Energy serves as the technology partner with 10% ownership and contributes its industry-leading battery cell design and manufacturing expertise to the venture. EVE Energy is a global technology leader in the manufacture of LFP battery cells for the vehicle industry. The partners are committed to leading the commercial vehicle industry’s transition to zero-emissions technologies and reducing carbon emissions consistent with the Paris Climate Agreement.
Leaders from Accelera, Daimler and PACCAR were joined by Mississippi Gov. Tate Reeves, U.S. Sen. Cindy Hyde-Smith and local officials for the event.
“As the transportation industry evolves and energy demands grow, it’s crucial that we have American facilities producing the materials and technologies necessary to meet those needs. This joint venture is not only a major job booster for Mississippi, but sets an example for future endeavors in the transportation industry. I am thrilled to see this project take off, as it will increase competition in the market, boost the local economy, and provide jobs for our state,” said Hyde-Smith.
