---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-229439"
form_type: "8-K"
ticker: "PCAR"
cik: "0000075362"
company_name: "PACCAR INC"
filed_at: "2023-09-06T23:59:59+00:00"
generated_at: "2026-06-10T23:40:41.891694+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PACCAR, Cummins, Daimler Truck form JV for US battery cell factory; $2-3B investment

## Summary
- Accelera by Cummins, Daimler Truck, PACCAR each own 30%; EVE Energy owns 10% as technology partner.
- Total investment $2-3 billion for a 21 GWh LFP battery cell manufacturing facility in the US.
- Joint venture to produce battery cells for electric commercial vehicles and industrial applications.
- Transaction subject to customary closing conditions and regulatory approvals, including CFIUS review.

## SEC filing metadata
- accession: 0001193125-23-229439
- form_type: 8-K
- ticker: PCAR
- cik: 0000075362
- company_name: PACCAR INC
- filed_at: 2023-09-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/75362/000119312523229439/0001193125-23-229439-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/75362/000119312523229439/d542273d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-229439
- JSON: https://secwatch.observer/filing/0001193125-23-229439.json
- Plain text: https://secwatch.observer/filing/0001193125-23-229439.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.