Amplify Cell Technologies begins construction of Mississippi battery cell factory
Byhalia, Mississippi – July 1, 2024 –Amplify Cell Technologies, a joint venture between Accelera™ by Cummins, Daimler Trucks & Buses US Holding LLC, and PACCAR, has officially broken ground on its new battery cell manufacturing plant in Marshall County, Mississippi. This venture marks a significant step towards advancing the electric vehicle industry in North America.
The 500-acre site will house a two million-square-foot, energy-efficient facility with an annual manufacturing capacity of 21-gigawatt hours (GWh) for lithium-iron phosphate (LFP) battery cells. Amplify plans to commence battery cell production in 2027, creating over 2,000 manufacturing jobs in the United States.
A landmark investment for Mississippi
“I am thrilled to be here with so many of our partners to break ground on this new battery cell manufacturing facility in Marshall County,” said Kel Kearns, CEO of Amplify. “United in the mission to decarbonize our highways and interstates, our founding partners are making a serious commitment. Marking the start of construction on site signifies this collective effort, and together we will lead the transformation of the commercial transportation industry.”
Leaders from Accelera, Daimler, and PACCAR were joined by Mississippi Governor Tate Reeves, U.S. Senator Cindy Hyde-Smith, and local officials to celebrate the groundbreaking event.
“Mississippi is incredibly excited to welcome this historic private sector investment from the new joint venture between Accelera by Cummins, Daimler Truck, and PACCAR,” said Governor Tate Reeves. “This project is the largest payroll commitment in state history, and it will bring an incredible 2,000 new jobs to this community. This fantastic investment from these industry leaders will help to further charge Mississippi’s electric economy.”
Boosting local economy and jJob market
“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 Senator Hyde-Smith.
“This project will change thousands of lives in North Mississippi,” added Senator Roger Wicker. “Major development decisions are never made lightly, but Mississippi was chosen for this investment for a reason. Our business-friendly climate is attracting investment at a record level. I expect this trend to continue and look forward to more economic development groundbreaking ceremonies in our state.”
Innovative and durable battery production
The new facility will produce LFP battery cells, known for their durability and cost-effectiveness. This initiative aims to 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 by Cummins, Daimler Truck, and PACCAR have committed a combined investment of $2 to $3 billion in this joint venture, each owning 30 percent of Amplify Cell Technologies. EVE Energy serves as the technology partner with a 10 percent ownership and contributes its industry-leading battery cell design and manufacturing expertise to the venture. EVE Energy is a global leader in the manufacture of LFP battery cells for the vehicle industry.
The partners are dedicated to leading the commercial vehicle industry’s transition to zero-emissions technologies and reducing carbon emissions consistent with the Paris Climate Agreement.