Brief: EVE Energy To Set Up JV With Electrified Power, Daimler Truck And PACCAR

Cummins

06/09/2023 11:48

Sept 6 (Reuters) - EVE Energy Co Ltd  300014.SZ :
    * SAYS UNIT AGREES TO SET UP JV WITH ELECTRIFIED POWER,
DAIMLER
TRUCK AND PACCAR INC  PCAR.O 
    * SAYS JV WILL BE BASED IN U.S. WITH REGISTERED CAPITAL AT
$2.64
BILLION
    * SAYS ITS UNIT TO INVET $150 MILLION FOR 10% STAKE IN THE
JV
    * SAYS JV TO INVEST IN BUILDING BATTERY CAPACITY

    Source text
  
Further company coverage:  300014.SZ 

 (Reporting by Hong Kong newsroom)
 ((meg.shen@thomsonreuters.com; 852-39525805;))