Accelera, Daimler Truck and PACCAR to form a $3bn joint venture.

Accelera, a diverse portfolio of zero-emission solutions, Daimler Truck, a commercial vehicle manufacturer, and PACCAR, a multinational company primarily focused on the design and manufacturing of large commercial trucks, agreed to form a $3bn joint venture to accelerate and localize battery cell production and the battery supply chain in the United States. "Our vision is the highest quality, locally produced battery technology to enhance the operations of our customers and help them achieve their operational and environmental goals," Preston Feight, PACCAR Chief Executive Officer.