The Multibillion-Dollar Bet That Truckers Will Ditch Diesel for Electricity
Posted on AllSides January 18th, 2024
From The Center
KAITI SULLIVAN FOR THE WALL STREET JOURNAL
The U.S.’s biggest commercial truck and engine builders are betting that the freight industry is ready to swap diesel fuel pumps for battery chargers.
The diesel engine maker Cummins and the truck builders Daimler Truck and Paccar plan to build a $2 billion battery factory in Mississippi to produce batteries for commercial trucks. The plant, which the companies will operate as a joint venture, is expected to begin producing battery cells in 2027.
The plant in Mississippi’s Marshall County, south of Memphis, Tenn., will be the nation’s largest dedicated to batteries for commercial vehicles, with initial...
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