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The global electric vehicle heat pump system market is set for explosive growth, with projections indicating a surge to $1,924.69 million by 2031. This remarkable expansion, driven by the increasing [...]

Key Highlights: * Acura EV will be the first battery electric vehicle produced at Honda EV Hub in late 2025. * Honda is retooling the Marysville Auto Plant, East Liberty [...]

Amplify Cell Technologies a joint venture between US-based engine manufacturer Cummins Accelera, Daimler Trucks & Buses (a US subsidiary of the German-owned company Daimler Trucks), and US commercial truck design [...]

Key Highlights: * Amplify Cell Technologies is constructing a 2 million square-foot battery cell factory in Mississippi. * The facility will have an annual manufacturing capacity of 21-gigawatt hours for [...]

Key Highlights: * Amplify Cell Technologies begins construction of Mississippi battery cell factory. * Accelera, Daimler, and PACCAR have committed $2 to $3 billion investment in the joint venture. Original [...]

MARSHALL COUNTY, Miss. -- Amplify Cell Technologies, a joint venture between Accelera, Daimler Trucks & Buses US Holding LLC and PACCAR, recently broke ground at its new battery cell manufacturing [...]

Byline: Ben Packham Mar 21, 2024 (The Australian - ABIX via COMTEX) -- Defence Minister Richard Marles and his British counterpart Grant Shapps signed a bilateral treaty on Thursday that [...]

Byline: Ben Packham Mar 21, 2024 (The Australian - ABIX via COMTEX) -- Defence Minister Richard Marles and his British counterpart Grant Shapps signed a bilateral treaty on Thursday that [...]

M2 EQUITYBITES-June 4, 2024-Cummins, Daimler Truck, PACCAR form Amplify Cell Technologies for US EV battery production (C)2024 M2 COMMUNICATIONS http://www.m2.co.uk Accelera by Cummins, the zero-emissions business unit of power technology [...]

COLUMBUS: Accelera by Cummins, the zero-emissions business segment of Cummins Inc., Daimler Trucks & Buses US Holding LLC (Daimler Truck) and PACCAR have selected Marshall County, Mississippi, as the future [...]

Cummins' Accelera division, Daimler Trucks and PACCAR have announced they have selected Marshall County, MS, US, for a new battery production factory. The factory will produce batteries for commercial electric medium- and heavy-duty trucks. According to Cummins: Accelera by Cummins, the zero-emissions business segment of Cummins Inc, Daimler Trucks & Buses US Holding LLC and PACCAR have selected Marshall County, MS, US, as the future site of advanced battery cell manufacturing for their planned joint venture. The joint venture will localize battery cell production for commercial electric vehicles and is expected to create more than 2000 US manufacturing jobs, with the option for further expansion as demand grows. The 21-gigawatt hour (GWh) factory is expected to begin producing battery cells in 2027. PACCAR is a global technology leader in the design, manufacture and customer support of high-quality light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates. PACCAR vehicles combine state-of-the-art diesel and zero-emissions powertrains with comprehensive PACCAR charging solutions and infrastructure support. PACCAR also provides financial services and information technology, and distributes truck parts related to its principal business. The planned joint venture between Accelera, Daimler Truck and PACCAR was announced in Sep 2023 and will create scale to deliver cost effective and differentiated battery cell technology that supports the adoption of electric vehicles for medium- and heavy-duty commercial transportation. Accelera, Daimler Truck and PACCAR will each own 30% of, and jointly control, the business, which will focus on lithium-iron-phosphate (LFP) battery technology for commercial battery-electric trucks. EVE Energy will serve as the technology partner in the joint venture with 10% ownership and will contribute its industry-leading battery cell design and manufacturing expertise to the future cell manufacturing plant. EVE Energy is a global technology leader in the manufacture of LFP battery cells for the vehicle industry. Accelera, Daimler Truck and PACCAR are leading the commercial vehicle sector's transition to zero-emissions technologies. The partners are committed to reducing carbon emissions consistent with the Paris Climate Agreement. The transaction is subject to customary closing conditions and receipt of applicable merger control and regulatory approvals, including the submission of a voluntary notice to the Committee on Foreign Investment in the United States (CFIUS). Original source: OEM Off-Highway, website: http://www.oemoffhighway.com, Copyright: Cygnus Business Media 2024., employment; energy; joint venture; plant capacity; plant startup; batteries; lithium iron phosphate; Cummins; Daimler Trucks & Buses US Holding; EVE Energy; [...]

Accelera by Cummins, Daimler Truck, and PACCAR have chosen Marshall County, Mississippi, as the location for their joint venture's advanced battery cell manufacturing. The project aims to produce battery cells [...]

COLUMBUS, Ind. & PORTLAND, Ore. & BELLEVUE, Wash. -- Accelera[TM] by Cummins, the zero-emissions business segment of Cummins Inc. [NYSE: CMI], Daimler Trucks & Buses US Holding LLC [a Daimler [...]

COLUMBUS, Ind. & PORTLAND, Ore. & BELLEVUE, Wash. -- Accelera[TM] by Cummins, Daimler Trucks & Buses US Holding LLC and PACCAR have selected Marshall County, Mississippi, as the future site [...]

The collaboration aims to combine classic imaging aesthetics with mobile technology, ushering in a new era in computational photography The HyperTone Camera System includes an industry-first All Main Camera System, [...]

The company has incorporated JV Company with Safran Helicopter Engines SAS Hindustan Aeronautics is currently trading at Rs. 2097.10, up by 66.90 points or 3.30% from its previous closing of [...]

The company has incorporated JV Company with Safran Helicopter Engines SAS Hindustan Aeronautics has incorporated Joint Venture (JV) Company with Safran Helicopter Engines SAS by name 'Safhal Helicopter Engines', to [...]

Although ammonia is carbon-free, it is toxic. However, Exmar LPG a joint venture between Exmar and Seaspeak commissioned Lloyds Register (LR) to undertake a comprehensive risk-based design appraisal that has [...]

TORONTO: POET Technologies Inc. ('POET' or the 'Company') (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposertm and Photonic Integrated Circuits (PICs) for the data [...]

(GlobeNewswire) - POET Technologies Inc. (POET or the Company) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer and Photonic Integrated Circuits (PICs) for the [...]

TORONTO, Oct. 10, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. ('POET' or the 'Company') (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer(TM) and Photonic [...]

Status: Upcoming/New Filing Acquirer: Paccar Inc. (U.S.); Cummins Inc. (U.S.); Daimler Trucks Group Company (Germany); EVE Energy Co., Ltd. (China) Acquired: New joint venture (U.S.) Value: $2-3 billion Industry Tags: [...]

Columbus: Cummins Inc. (CMI) has issued the following press release: Acceleratm by Cummins, the zero-emissions business unit of Cummins Inc. [NYSE: CMI], Daimler Trucks & Buses US Holding LLC (a [...]

Accelera by Cummins, Daimler Truck and PACCAR will each own 30% of, and jointly control, the joint venture. EVE Energy [SZSE:310004] will serve as the technology partner in the venture [...]

COLUMBUS, Ind. & PORTLAND, Ore. & BELLEVUE, Wash. -- Accelera by Cummins, the zero-emissions business unit of Cummins Inc. [NYSE: CMI], Daimler Trucks & Buses US Holding LLC (a Daimler [...]

COLUMBUS, Ind. & PORTLAND, Ore. & BELLEVUE, Wash. -- Accelera by Cummins, the zero-emissions business unit of Cummins Inc. [NYSE: CMI], Daimler Trucks & Buses US Holding LLC (a Daimler [...]

COLUMBUS, Ind. and PORTLAND, Ore. and BELLEVUE, Wash., Sept. 6, 2023 /PRNewswire/ -- Accelera by Cummins, the zero-emissions business unit of Cummins Inc. [NYSE: CMI], Daimler Trucks & Buses US [...]

M2 EQUITYBITES-February 12, 2024--Accelera, Daimler Truck and PACCAR JV selects Marshall County as future site of advanced battery cell production (C)2024 M2 COMMUNICATIONS http://www.m2.co.uk Auto Business News - 12 February [...]

VANCOUVER: Westport Fuel Systems Inc. has issued the following news release: Volvo Group (VOLVb.ST) and Westport Fuel Systems Inc. (TSX: WPRT) (NASDAQ: WPRT), a leading supplier of advanced alternative fuel [...]

Utilizing HPDI Technology to Accelerate the Decarbonization Efforts of Global OEM Customers VANCOUVER, BC, July 19, 2023 /PRNewswire/ - Volvo Group (VOLVb.ST) and Westport Fuel Systems Inc. (TSX: WPRT) (NASDAQ: [...]

Renault SA RNLSY has entered into a joint venture (JV) agreement with Geely Automobile Holdings Ltd GELYF to launch a new powertrain technology company. The new company will have 17 [...]

M2 EQUITYBITES-September 7, 2023--Accelera by Cummins, Daimler Trucks & Buses US and PACCAR collaborate for US battery cell production (C)2023 M2 COMMUNICATIONS http://www.m2.co.uk Auto Business News - 07 September 2023 [...]

M2 EQUITYBITES-September 6, 2023-Accelera by Cummins, Daimler Truck and PACCAR plan JV to boost US battery cell production (C)2023 M2 COMMUNICATIONS http://www.m2.co.uk Accelera by Cummins, the zero-emissions business unit of [...]

Projects Today - Trial Access Increase your Business Opportunities Free Trial See Sample Project Global power technology major Cummins Inc has signed a definitive agreement with Tata Motors (TML) to [...]

The signing of this definitive agreement further strengthens their relationship and is a step forward from the MoU signed between the two organizations in November 2022 Tata Motors and Cummins [...]

Cummins and Tata Motors have a 30-year partnership through their joint venture Tata Cummins Private Limited (TCPL) in India, established in 1993. The two organizations signed in November 2022 to [...]

Diversified trading firm Car & General (C&G) is seeking to wholly re-acquire diesel engine manufacturer Cummins C&G Limited (Cummins CG) in a deal subject to regulatory approval.The Nairobi Securities Exchange-listed [...]

POET Technologies (NASDAQ:POET) announced that it has placed four optical engines into production, an achievement that advances the company's business goals. Small form factor optical engines with integrated directly modulated [...]

M2 EQUITYBITES-July 11, 2023-Renault Group and Geely form JV for next-gen powertrain technology company (C)2023 M2 COMMUNICATIONS http://www.m2.co.uk Car and van manufacturer Renault Group (Euronext Paris:RNO) announced on Tuesday that [...]