Amplify builds factory in the USA

Amplify Cell Technologies – a joint venture of Accelera (Cummins), Daimler Trucks & Buses US Holding, and Paccar – has broken ground for a new battery cell plant in Marshall County, Mississippi, USA. On the 500-hectare site, a facility covering over 185,000 square meters with an annual production capacity of 21 GWh will be built for the production of lithium iron phosphate (LFP) battery cells. Amplify plans to begin battery cell production in 2027, creating more than 2,000 jobs at the new US production site.

EVE Energy as Technology Partner

Accelera, Daimler Truck, and Paccar have committed to a joint investment of 2 to 3 billion USD in their joint venture, each holding 30% in Amplify Cell Technologies. EVE Energy acts as a technology partner with a 10% stake, contributing battery cell design and manufacturing know-how. The company, based in Huizhou in southern China, is one of the world's leading manufacturers of LFP battery cells for the automotive industry.

What does this mean?

The USA is accelerating its efforts in electromobility projects and battery production sites – largely as a result of the Biden administration’s Inflation Reduction Act (IRA). Europe is at risk of falling behind technologically in this regard; recently, some major players have opted not to establish battery and cell factories on the “old” continent. However, cell manufacturing is a key competency in the future technology of batteries. Here, the Chinese and possibly in the future the USA are taking the lead. It does not look good for the battery sector in Europe. This creates a fatal dependency. Warnings about this have been issued for years, but little has happened since – and the problem is only getting worse.