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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 of the new company.

The DT2 is a departure from 48-volt and high-voltage hybrid infrastructures as a design base. According to Punch, this allows integration and optimization of an electric motor for hybrid vehicle applications that enable intervals of full electrically powered driving.

The company is headquartered in Sint-Truiden, Belgium, at the site of Punch Powertrain, and has a second location in Eindhoven. Earlier this year, the two companies launched another joint venture, dedicated to assembly of the DT2 electrified transmission at Groupe PSA’s facility in Metz, France.

“This second joint venture with Groupe PSA fully aligns with our vision that ‘Our powertrains drive a sustainable world’ through technology innovation,” said Punch Powertrain CEO Jorge Solis. “This new venture will spearhead the industrialization of our next generation of transmissions for hybrid electric vehicles, providing broader availability of affordable electrified powertrains on global markets.”

Source: Punch Powertrain


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