Marshall County, Mississippi
The company manufactures lithium-iron-phosphate (LFP) battery cells known for durability and cost-effectiveness in commercial vehicle applications. Its 21-gigawatt hour (GWh) planned facility uses EVE Energy’s proven design and production methods with advanced manufacturing techniques to ensure high quality, safety, and consistent performance for heavy and medium-duty electric vehicles like trucks and buses.
Lithium-iron-phosphate (LFP) battery cells designed specifically for heavy and medium-duty electric vehicles, including trucks and buses, focusing on durability, cost-effectiveness, and reliable performance.
Construction of a 2-million-square-foot manufacturing facility in Marshall County, Mississippi, on a 500-acre site, with an investment of $2-3 billion started in 2024 and targeted production start in 2027. The facility aims to create over 2,000 manufacturing jobs and benefits from proximity to Memphis, Tennessee, for distribution logistics across North America.
In the strategic partnership, Accelera by Cummins, Daimler Truck North America, and PACCAR each hold 30.0%, while EVE Energy holds 10.0%, combining significant financial resources with advanced technology expertise.
