Betting big on LFP battery cells for ELECTRIC CVs

Accelera by Cummins, Daimler Truck and Paccar collaborate to establish a 21-GWh dedicated factory in the U.S. with technology partner EVE Energy.

China remains the clear leader in manufacturing of lithium-ion battery cells for commercial vehicles and passenger cars, but North America will claim some of that share in the coming years as it becomes the fastest-growing regional market for planned cell capacity, according to a recent report from Clean Energy Associates (CEA).

As global lithium-ion battery-cell capacity is set to increase by 186% from 2022 to 2025, North America's capacity growth is expected to outpace Europe's, according to CEA, primarily due to incentives in the U.S.'s Inflation Reduction Act (IRA).