PACCAR, Accelera, Daimler, EVE Energy Seek CFIUS Approval to Open Joint Battery Factory in U.S.
PACCAR, along with Accelera by Cummins, Daimler Trucks & Buses US Holding, and EVE Energy agreed on Sept. 6 to form a joint venture company to establish and operate a battery cell manufacturing facility in the U.S., and plan to…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
submit a voluntary notice to the Committee on Foreign Investment in the U.S., according to law firm Squire Patton. The total investment in the facility is expected to be between $2 billion and $3 billion, PACCAR said in a Sept. 7 news release.