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Mississippi approves incentives for EV battery factory that promises 2,000 jobs

January 19, 2024

Via: Fox News

Mississippi lawmakers on Thursday gave broad, bipartisan approval to state incentives for a factory that will manufacture batteries for electric vehicles — a project that promises 2,000 jobs with an average salary of about $66,000.

After legislators voted, Republican Gov. Tate Reeves named the four companies involved. Accelera by Cummins, Daimler Truck and PACCAR, which manufacture big trucks, will each own 30% of the project. A China-based lithium battery maker, EVE Energy Co., Ltd., will own 10%.

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