Belgium-based Punch Powertrain is acquiring France-based power electronics expert Apojee, which supplies inverters for Formula E, as well as components for OEMs and Tier 1 suppliers in the German and French automotive industries.

The Apojee acquisition adds a fourth European development center for Punch Powertrain, in addition to its existing facilities in Belgium, the Netherlands and Germany. In 2017, Punch opened a new factory in Iran and another in Nanjing, China. This month, the company opened another production plant in Ningbo, China.

Punch Powertrain’s products include: emKERS, an electro-mechanical Kinetic Energy Recovery System consisting of a steel flywheel regulated by a 15 kW 48 V machine and a power-splitting planetary gear wheel system; the TwinMotor system, which allows steering each of 4 wheels independently, enabling full torque vectoring capabilities; and the TwinSpeed gearbox, which uses an extra gear to increase an EV’s performance and range.

Source: Punch Powertrain