# Jiaxing Shuanghuan signs CNY 3.5B gear supply deal with Punch Powertrain PSA

Jiaxing Shuanghuan (part of Shuanghuan Transmission) has signed a contract with Punch Powertrain PSA e-Transmissions NV to supply gear products for the DT2 E-DCT project from 2022 to 2028, with an estimated total value of about 3.554 billion CNY.

- Type: Contract
- Announced: 2021-10-19
- Where: China
- Value: $550.0M (3.55B CNY)
- Status: announced
- Products: gear products for electric vehicle transmissions
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Punch Powertrain PSA e-transmissions](https://endata.com/companies/50025.md) (customer)
- [Jiaxing Shuanghuan](https://endata.com/companies/58585.md) (supplier)

## Sources

- [ziir-robot.com](https://www.ziir-robot.com/gudongfengcai/153.html), 2021-10-21: "此次合同的签订，彰显了公司在新能源汽车齿轮生产的综合实力。"

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