Punch Powertrain and PSA form joint venture for hybrid transmissions

Punch Powertrain and Groupe PSA signed an agreement to form a second joint venture, Punch Powertrain PSA e-transmissions, to develop and supply DT22 dual-clutch transmissions for mild hybrid and plug-in hybrid vehicles. Punch Powertrain holds 61% stake; operations start in Q3 2020.

“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.”electrive.com

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• electrive.comPunch Powertrain & PSA form new joint venture - electrive.comCarrie HampelJun 3, 2020

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