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 »
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… Read more »