Construction Begins on Truck Battery Cell Manufacturing Plant
Construction of Amplify Cell Technologies’ battery cell manufacturing plant in Marshall County, Miss., has begun, the joint venture among Accelera, Daimler Trucks and Paccar said.
Truck OEMs’ Battery Cell Group Hires Ford Exec Kearns as CEO
Kel Kearns is slated to be the CEO at the commercial vehicle battery cell manufacturing joint venture set up by Accelera by Cummins, Daimler Trucks & Buses U.S. Holding and Paccar Inc.
Paccar Q1 Profit Rises, Earnings Top Expectations
Profits at Paccar Inc. surged 63.5% in the first quarter of 2024, outstripping analysts’ expectations.
Paccar Delivers 54% Jump in Q4 Profit, Record Revenues
Truck maker Paccar saw profits jump 54% year-over-year in the fourth quarter of 2023 on the back of record revenues and a double-digit jump in U.S. and Canadian truck deliveries.
Cummins, Daimler, Paccar Pick Site for Battery Plant Venture
Accelera by Cummins, Daimler Trucks & Buses US Holding and Paccar Inc. on Jan. 18 selected Marshall County, Miss., as the manufacturing site for their planned battery cell joint venture.
Battery Plant Location Decision Nears for Paccar, Partners
LAS VEGAS — Paccar, Daimler and Cummins are nearing a decision on the location of a factory to produce lithium-iron phosphate batteries.
Paccar Records 60% Rise in Q3 Net Income
Paccar Inc. posted a 60% jump in third-quarter earnings as parts margins rose and truck sales increased, easily surpassing analyst expectations.
Daimler, Cummins and Paccar Partner on EV Battery Plant
Daimler Truck Holding, Accelera by Cummins and Paccar are investing billions in a joint venture to advance battery cell production in the U.S.
Paccar Sales, Parts Unit Push Quarterly Profit to Record
Paccar posted record quarterly income in the three months that ended June 30, beating estimates as profits across some of the company’s divisions reported healthy year-over-year gains.
Paccar Reports Strong Q4 Revenue, Income
Paccar Inc. beat market expectations for fourth-quarter earnings Jan. 24, aided by strong demand for its trucks from customers looking to replace older, outdated vehicles.