Daimler Trucks, Cummins and others set up joint venture to accelerate battery production

Daimler Truck, Cummins' Accelerata, Daimler Truck & Bus USA Holdings LLC and PACCAR have completed the formation of their joint venture to localize battery production and the battery supply chain in the U.S. Production is scheduled to start in 2027, with EVE Energy as a technology partner with a 10% stake.