PACCAR INC

MAN · Manufacturing

Provided general updates on manufacturing and supply chain issues including tariff impacts 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 battery cells in the U.S.

TRA · Transportation

Provided general updates to Members of Congress, Congressional staff, and federal agencies and discussed the impact of current and proposed regulations, tariffs, and tax policies on truck manufacturing and the U.S. transportation system.

TRU · Trucking/Shipping

Provided general updates to Members of Congress, Congressional staff, and federal agencies, discussed the impacts of current and pending regulations, tariffs, and tax policies on the trucking industry, and provided information on advanced safety and autonomous and connected vehicle technologies.

TAX · Taxation/Internal Revenue Code

Provided general updates to Members of Congress, Congressional staff, and federal agencies and discussed the impact of the 12% Federal Excise Tax and the implementation of the Section 45X advanced manufacturing production credit and other tax incentives on truck purchases, manufacturing, plant upgrades, battery production, and commercial electric truck charging and fueling infrastructure.

TRD · Trade (domestic/foreign)

Provided general updates to Members of Congress, Congressional staff, and federal agencies on PACCAR's U.S. and global operations, discussed current and proposed IEEPA and Section 232 tariffs on U.S. medium- and heavy-duty truck manufacturing and supply chains, and discussed the 45X Advanced Manufacturing Production Credit and its impact on electric commercial vehicle battery production.

ENG · Energy/Nuclear

Provided general updates to Members of Congress, Congressional staff, and federal agencies, discussed developments in zero- and near-zero emissions and fuel efficiency technologies for commercial vehicles including through the SuperTruck 2 and 3 programs, and discussed the implementation of tax incentives and grant programs including the Section 45X Advanced Manufacturing Production Credit, Domestic Manufacturing Conversion Grant Program, and Section 48C Advanced Energy Project Credit.

ENV · Environment/Superfund

Provided general updates to Members of Congress, Congressional staff, and federal agencies on developments in zero- and near-zero emissions and fuel efficiency technologies for commercial vehicles and discussed regulatory issues including EPA's Phase 3 GHG emissions standards, EPA's low-NOx standards for heavy-duty vehicles, and Congressional Review Act resolutions to disapprove EPA's preemption waivers for California to implement the Advanced Clean Trucks and Omnibus low-NOx rules.