-

PACCAR Partners with U.S. Department of Energy (DOE) on SuperTruck 3 Program

BELLEVUE, Wash.--(BUSINESS WIRE)--PACCAR is launching its SuperTruck 3 program to continue the development of its Class 8 Kenworth and Peterbilt battery electric and fuel cell vehicles, along with its vehicle charging stations. SuperTruck 3 is a DOE initiative to develop state of the art zero emissions medium- and heavy-duty trucks. PACCAR received a $33 million matching grant for the highly selective program. “The SuperTruck 3 award underscores PACCAR’s industry leadership in zero emissions commercial vehicles,” said John Rich, PACCAR chief technology officer.

The SuperTruck initiative was launched in 2009 by the DOE to improve heavy-duty truck freight efficiency. Kenworth and Peterbilt successfully developed state-of-the-art vehicles in the prior SuperTruck and SuperTruck 2 programs. “Many of the technologies developed in the earlier SuperTruck programs were deployed in production vehicles, benefiting the environment and PACCAR’s customers,” said Kevin Baney, Kenworth general manager and PACCAR vice president. “Kenworth, Peterbilt, PACCAR Parts, and the PACCAR Technical Center are collaborating on the SuperTruck 3 program.”

“Peterbilt is honored to join the SuperTruck 3 program to advance battery and fuel cell electric trucks, in addition to developing the required charging infrastructure,” said Jason Skoog, Peterbilt general manager and PACCAR vice president. “The program’s intent is to lower carbon emissions and increase freight efficiency that will enhance our customers’ operations and achieve environmental goals.”

PACCAR is a global technology leader in the design, manufacture and customer support of high-quality light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates. PACCAR also designs and manufactures advanced powertrains, provides financial services and information technology, and distributes truck parts related to its principal business.

Contacts

Ken Hastings
(425) 468-7530
ken.hastings@paccar.com

PACCAR

NASDAQ:PCAR

Release Versions

Contacts

Ken Hastings
(425) 468-7530
ken.hastings@paccar.com

More News From PACCAR

PACCAR Achieves Very Good Annual Revenues and Net Income

BELLEVUE, Wash.--(BUSINESS WIRE)--“PACCAR reported very good annual revenues and net income in 2025,” said Preston Feight, chief executive officer. “PACCAR Parts and PACCAR Financial Services delivered record revenue and strong profits. Kenworth, Peterbilt and DAF’s premium quality trucks contributed to the very good results. I am very proud of our employees and dealers who delivered outstanding trucks and transportation solutions to our customers.” PACCAR achieved quarterly revenues of $6.82 b...

PACCAR Announces Extra Cash Dividend

BELLEVUE, Wash.--(BUSINESS WIRE)--PACCAR Inc’s Board of Directors today declared an extra cash dividend of one dollar and forty cents ($1.40) per share, payable on January 7, 2026, to stockholders of record at the close of business on December 19, 2025. Mark Pigott, executive chairman, shared, “PACCAR is celebrating 120 years of innovation and industry leadership. PACCAR has generated excellent shareholder returns due to its durable and reliable vehicles, strong aftermarket parts and financial...

PACCAR Declares Regular Quarterly Cash Dividend

BELLEVUE, Wash.--(BUSINESS WIRE)--PACCAR Inc’s Board of Directors today declared a regular quarterly cash dividend of thirty-three cents ($.33) per share, payable on March 4, 2026, to stockholders of record at the close of business on February 11, 2026. PACCAR is a global technology leader in the design, manufacture and customer support of high-quality light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates. PACCAR also designs and manufactures advanced powertrain...
Back to Newsroom