Search Results Found For: ""Groupe PSA""

Punch Powertrain and Groupe PSA launch electrification joint venture

Punch Powertrain and Groupe PSA have launched a new joint venture to design, manufacture, and supply Punch Powertrain’s DT2 dual-clutch transmission for the next generation of hybrids. The business will initially supply Groupe PSA’s global operations, and aims to eventually supply other vehicle manufacturers. Elias van Wijk, previously CTO of Punch Powertrain, was named CEO… Read more »

Groupe PSA and Punch Powertrain expand electrification partnership

Groupe PSA and Punch Powertrain have signed an agreement to expand their strategic partnership in the field of electrification. Punch Powertrain holds majority control in the new Joint 61/39 Venture, which will design, manufacture and supply Punch Powertrain’s DT2 dual-clutch transmission for PSA’s next generation of hybrid EVs. The business will initially supply Groupe PSA’s… Read more »

Total/Saft and Groupe PSA/Opel to launch pilot plant for battery production

Saft, an affiliate of French oil and gas company Total, and Opel, a subsidiary of French automaker Groupe PSA, are establishing a joint venture called the Automotive Cell Company (ACC), which will create EV batteries starting in 2023. The project will begin with a phase of research and development, including construction of a €200-million (about… Read more »

Groupe PSA and Nidec form JV for automotive traction motors

Groupe PSA, owner of the Peugeot, Citroën, DS, Opel and Vauxhall brands, and Nidec Leroy-Somer, a French manufacturer of small precision motors, plan to form a joint venture to develop a range of traction motors for electrified vehicles. The 50/50 JV will receive an initial investment of €220 million ($262 million). The main components of… Read more »

Groupe PSA and partners launch GridMotion smart charging project

Groupe PSA and several partners have launched a new project to evaluate smart charging technology. The idea is to reduce an EV driver’s electricity bill by shifting charging times to periods of lower electricity prices. Further savings could be achieved by providing grid balancing services through a Vehicle to Grid (V2G) system. The two-year GridMotion… Read more »

Nidec’s E-Axle integrated traction motor system to be used in new Chinese EV

Nidec, which was founded in 1973 as a Japanese manufacturer of small electric motors, and now employs some 100,000 people in 40 countries, has developed an integrated traction motor system called the E-Axle. Nidec’s E-Axle fully integrates the reduction gearbox and inverter. Designed to be compact and lightweight, it weighs only 83 kg, and offers… Read more »