Stellantis has announced investments in the Mirafiori plant in Turin to produce, among other things, gearboxes for electrified vehicles in the future. The plant will complement the existing transmission production in France.
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Punch Powertrain PSA e-transmissions, the joint venture between the French PSA Group and the Belgian transmission manufacturer Punch Powertrain, has now been established following official approvals. The company started operations on 17 September.
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The PSA Group and the Belgian transmission manufacturer Punch Powertrain have signed an agreement to set up a second joint venture and expand their strategic partnership in the field of electrification. This will focus on transmissions for HEV and PHEVs – also for other manufacturers.
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The planned joint venture between the French PSA company and the Belgian powertrain manufacturer Punch Powertrain will be named Punch Powertrain PSA e-transmissions, and will be based at the PSA factory in Metz.
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The Belgian powertrain producer Punch Powertrains and the Chinese EV platform specialist XPT are founding a joint venture. The partners plan to establish a new factory in the Chinese Nanjing.
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French PSA has selected Punch Powertrain to supply its transmission systems by 2022 as part of the group’s electrification push. Their transmission will equip mild-hybrid vehicles and the partners are discussing an extension of their cooperation.
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