# Punch Powertrain and Groupe PSA launch electrification joint venture

Punch Powertrain and Groupe PSA launched their joint venture 'Punch Powertrain PSA e-transmissions' on September 17, 2020. Punch Powertrain holds 61% majority control. The JV will design, manufacture and supply the DT2 dual clutch transmission for mild hybrid and plug-in hybrid vehicles.

- Type: Partnership
- Announced: 2020-09-18
- Status: completed
- Products: DT2 dual clutch transmission for MHEV and PHEV vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Punch Powertrain PSA e-transmissions](https://endata.com/companies/50025.md)
- [Groupe PSA](https://endata.com/companies/718.md) (partner)
- [Punch Powertrain](https://endata.com/companies/2786.md) (partner)

## Sources

- [punchpowertrain.com](https://punchpowertrain.com/news/punch-powertrain-groupe-psa-joint-venture-in-electrification-starts-operations/), 2020-09-18: "Punch Powertrain and Groupe PSA today announced the launch of their Joint Venture – ‘Punch Powertrain PSA e-transmissions’."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
