Amplify Cell Technologies breaks ground in Mississippi
02 July 2024
Company is a JV between Accelera, Daimler Trucks & Buses, Paccar
Amplify Cell Technologies, a joint venture between Accelera, Daimler Trucks & Buses US Holding LLC and Paccar, has broke ground at its new battery cell manufacturing plant near Byhalia, Mississippi.
The 500-acre site southeast of Memphis, Tenn., will be home to a 2 million sq. ft. facility with an annual manufacturing capacity of 21-gigawatt hours (GWh) for the production of lithium-iron-phosphate (LFP) battery cells. Amplify said it plans to begin battery cell production in 2027 and is expected to create more than 2,000 manufacturing jobs in the U.S.
“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 Cell Technologies. “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 State of Mississippi Governor Tate Reeves, U.S. Senator Cindy Hyde-Smith, and local officials to celebrate the groundbreaking.
“Mississippi is incredibly excited to welcome this historic private sector investment from the new joint venture between Accelera, Daimler Truck, and PACCAR,” Governor Reeves said. “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.”
“This project will change thousands of lives in North Mississippi,” Senator Roger Wicker added. “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.”
The new facility will produce LFP battery cells, a cell chemistry that the company said was 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 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 battery cell design and manufacturing expertise to the venture. The partners said they are committed to leading the commercial vehicle industry’s transition to zero-emissions technologies and reducing carbon emissions consistent with the Paris Climate Agreement.
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