Sidley is representing Accelera by Cummins, a business unit of Cummins Inc. [NYSE: CMI], in its joint venture with Daimler Truck, PACCAR, and Eve Energy Co., Ltd. to manufacture battery cells for electric commercial vehicles. This strategic joint venture enables its owners to create the necessary scale for access to cost effective and differentiated battery-cell technology, ultimately creating value for commercial vehicle customers in North America. The total expected investment is in the range of US$2 to US$3 billion for the factory.
The Sidley team is being led by Pran Jha, Brent Steele, and Sylonda E. Lang (M&A); and Anna Remis (Technology and Life Sciences Transactions), and includes Ling Chen, Charles E. Mahone II, and Xiaolin Zhu (M&A); Imani Lee, Nayef Andrabi, and Tomide K. Owolabi (Technology and Life Sciences Transactions); Eileen M. Liu (Employee Benefits and Executive Compensation); Suresh T. Advani (Tax); Elizabeth K. McCloy, Scott E. Saef, and Matthew H. Abu-Taleb (Real Estate); Ike Adams (Securities Enforcement and Regulatory); Jen Fernandez (International Trade); Yikai Wang (Food, Drug and Medical Device); and Colleen M. Lauerman (White Collar: Government Litigation and Investigations).
