Battery manufacturing, JV Amplify Cell Technologies starts building the Mississippi plant
The site will be home to a two million-square-foot, energy efficient facility with an annual manufacturing capacity of 21-gigawatt hours (GWh) for the production of lithium-ironphosphate (LFP) battery cells. Amplify plans to begin battery cell production in 2027 and is expected to create more than 2,000 U.S. manufacturing jobs.
Last month, we learned about the name Amplify Cell Technologies as the name of the battery JV shared by Daimler Truck, Paccar and Accelera by Cummins, established with the aim of jointly building battery cell manufacturing in North America. Now, Amplify Cell Technologies broke ground at its new battery cell manufacturing plant in Marshall County, Mississippi.
More into details, the site will be home to a two million-square-foot, energy efficient facility with an annual manufacturing capacity of 21-gigawatt hours (GWh) for the production of lithium-ironphosphate (LFP) battery cells. Amplify plans to begin battery cell production in 2027 and is expected to create more than 2,000 U.S. manufacturing jobs.
Amplify Cell Technologies: the overall investment and company mission
Accelera by Cummins, Daimler Truck and PACCAR have committed a combined 2 to 3 billion dollar investment in this joint venture and each own 30 percent of Amplify Cell Technologies. Chinese player EVE Energy serves as the technology partner with 10 percent ownership and contributes its industry-leading battery cell design and manufacturing expertise to the venture. EVE Energy is a global technology leader in the manufacture of LFP battery cells for the vehicle industry.
“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 p artners 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.”
