# Marelli and PUNCH form joint venture for e-axle solutions

Marelli and PUNCH Motive International agreed to form a joint venture, Marelli Electric Powertrain Strasbourg SAS, to develop and manufacture e-axle systems for electric vehicles, headquartered in Strasbourg, France.

- Type: Acquisition
- Announced: 2021-05-11
- Where: Strasbourg, France, France
- Status: announced
- Products: e-axle systems, electric motors, inverters, gearbox components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Marelli](https://endata.com/companies/5462.md) (acquirer)
- [PUNCH Motive International](https://endata.com/companies/55046.md) (partner)
- [PUNCH](https://endata.com/companies/55047.md) (partner)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/marelli-and-punch-motive-international-join-forces-to-develop-and-manufacture-electric-vehicle-e-axles-301288631.html), 2021-05-11: "Marelli and PUNCH have reached an agreement to form a joint venture focused on e-axle solutions."
- [autotecnica.org](https://www.autotecnica.org/marelli-e-punch-insieme-per-elettrificazione/), 2021-05-11: "La joint venture, in cui Marelli deterrà la maggioranza, opererà in particolare sui mercati dell’Europa e delle Americhe"

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