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Stock impact report

Shift in EV policy won't halt Paccar battery plant venture: CEO [Yahoo! Finance]

PACCAR Inc. (PCAR) 
Last paccar inc. earnings: 1/28 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: paccar.com/investors
Company Research Source: Yahoo! Finance
Amplify Cell Technologies board members and distinguished guests hold shovels to celebrate the groundbreaking of construction for a new battery plant for commercial EVs and industrial applications. The joint venture includes Paccar and subsidiaries of Cummins and Daimler Truck. · Trucking Dive · Courtesy of Business Wire David Taube Thu, February 13, 2025 at 12:21 PM GMT+1 2 min read In This Article PCAR This story was originally published on Trucking Dive . To receive daily news and insights, subscribe to our free daily Trucking Dive newsletter Dive Brief: A joint electric truck battery manufacturing venture by Cummins, Daimler and Paccar is charging forward — despite a shift in U.S. EV policies Paccar CEO Preston Feight said on a Jan. 28 earnings call Paccar still plans to invest between $600 million and $900 million in the venture, Amplify Cell Technologies, according to a Q4 earnings announcement. Construction on the battery plant broke ground last year ne Show less Read more
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