Cummins Accelera Completes Amplify Cell Technologies for Joint Venture with Daimler Trucks and Pekka and Announces Appointment of CEO

Cummins' Zero Carbon Business BrandAccelera、Daimler Trucks and Buses USA Holdings and Pekka（PACCAR）Announced the completion of the formation of the joint venture company，The new company is namedAmplify Cell Technologies。This strategic cooperation will promote zero emission technology for electric commercial Vehicles and industrial applications.。AmplifyConstruction of a 21 GWh will begin in Marshall County, Mississippi, USA（GWh）The factory，As demand grows，There is potential for further expansion of the plant.。The plant is scheduled to begin production in 2027.。

Amplify Cell Technologies Appointment Kel Kearns For the CEO。KearnsWill leadAmplifyProduction of differentiated lithium iron phosphate（LFP）Battery，Creating Value for North American Commercial Vehicle Customers。KearnsIn a decades-long career，Has held various positions in the automotive and manufacturing industries，Most recently, he has been responsible for large electric Vehicle manufacturing operations.。

Accelera、Daimler Trucks and Pekka have joint ventures of 30 percent%Shares of。As a technology partner，Yiwei Lithium Energy accounts for 10 shares%，And provide the JV with its industry-leading battery design and manufacturing expertise。Yiwei Lithium Energy is the world's leading lithium iron phosphate in the automotive industry.（LFP）Battery manufacturer。

Rong Zhanning, Chairman and Chief Executive Officer of Cummins（Jennifer Rumsey）Express：

Cummins' power solutions are at the forefront of the industry，We have the responsibility to meet the diverse carbon reduction needs of our customers in the process of energy transformation.，AmplifyWill push CumminsAcceleraAnd our partners focus on battery cells for commercial and industrial applications in North America，And meet the changing needs of our customers。This will lead the industry into a more intelligent、A new era of cleaner electrification。

CEO of PekkaPreston FeightExpress：

AmplifyIt will help Pekka provide customers with services that meet their operational and sustainability needs.、Cost-effective and high-quality battery power system，It is a pleasure to work with these world-class partners on this exciting collaboration.。

President and CEO, Daimler Trucks North AmericaJohn O'Leary Express：

For Daimler trucks，A strict focus on cost control and investing in the right direction is key to achieving truly sustainable transport。This cooperation enables Daimler Truck to further achieve scale effect.。This is a key part of our battery industrialization strategy.，Ensuring that the right battery technology is available to our customers at the right time and at the right cost。

CumminsAccelera、Daimler Trucks and Pekka are leading the commercial vehicle industry's transition to zero-emission technology.。The three parties will commit themselves to《The Paris climate agreement》Reduce carbon emissions。

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