PACCAR INC

MAN · Manufacturing

Provided general updates on manufacturing and supply chain issues including tariff and regulatory 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 LFP 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 legislation and regulations, tariffs, and data and technology policies on truck manufacturers 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, tax and technology policies on the trucking industry including 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 Federal Excise Tax and implementation of the 45X advanced manufacturing production credit on truck manufacturing, plant upgrades, and LFP battery production in the U.S.

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, previous, and proposed Section 232, 122, and 301 tariffs on U.S. truck manufacturing and supply chains; and submitted comments regarding the U.S.-Mexico-Canada Agreement (USMCA) Joint Review.

ENG · Energy/Nuclear

Provided general updates to Members of Congress, Congressional staff, and federal agencies; discussed developments in clean diesel and fuel efficiency technologies for commercial trucks including through the SuperTruck program; and discussed the implementation of tax incentives and grants including the Section 45X Advanced Manufacturing Production Credit and Domestic Manufacturing Conversion Grant.

ENV · Environment/Superfund

Provided general updates to Members of Congress, Congressional staff, and federal agencies on developments in clean diesel and fuel efficiency technologies for commercial vehicles and discussed regulatory issues including EPA's Phase 2 and 3 GHG emissions standards, NHTSA fuel efficiency standards, and EPA's low-NOx standards for heavy-duty vehicles.