PACCAR INC

Provided general updates on manufacturing and supply chain issues to Members of Congress, Congressional staff, and federal agencies and updated policymakers on a joint venture to manufacture and localize the supply chain for commercial electric vehicle batteries in the United States.

Provided general updates to Members of Congress, Congressional staff, and federal agencies and discussed developments in advanced safety equipment, autonomous and connected vehicle technologies, and electrification.

Provided general updates to Members of Congress, Congressional staff, and federal agencies and discussed implementation of the Inflation Reduction Act and Infrastructure Investment and Jobs Act on truck manufacturing, vehicle electrification, and the trucking industry.

Provided general updates to Members of Congress, Congressional staff, and federal agencies and discussed the impacts of the 12% Federal Excise Tax on new truck sales and the adoption of zero-emission vehicles, and the implementation of the Section 45X advanced manufacturing production credit and other incentives established by the Inflation Reduction Act and Infrastructure Investment and Jobs Act related to electric commercial vehicle purchasing, manufacturing, plant upgrades, battery production, and medium- and heavy-duty electric vehicle charging and hydrogen fueling infrastructure.

Provided general updates to Members of Congress, Congressional staff, and federal agencies on developments in zero- and near-zero emissions commercial vehicle technology and provided comments on regulatory issues including EPA's Phase 3 GHG emissions proposed rule for heavy-duty vehicles.