Groupe PSA and Punch Powertrain technology are entering into discussions about manufacturing the technology at one of Groupe PSA’s plants and are exploring the possibility of extending the partnership.
Groupe PSA has been actively accelerating its shift to electrified vehicles (Mild-hybrid (MHEV), Electric Vehicles (EV) and Plug-in Hybrid (PHEV)) with the aim of developing an electrified offering covering 100% of its range by 2025.
Groupe PSA’s main reason for cooperating with Punch Powertrain is to leverage its cutting-edge and patented dual clutch transmission design, which allows for fewer components, and hence a lighter and more compact transmission system. In addition, it delivers outstanding performance and a very favourable fuel economy at a competitive cost. The next generation of this design, with a 48V motor configuration, will be installed by Groupe PSA in its vehicles.
Headquartered in Belgium, with offices in India and China, Punch Powertrain is currently delivering CVT transmissions to a large number of OEMs from the sites in Nanjing (China) and Sint-Truiden (Belgium). As per their five-year investment plan, they aspire to increase their capacity at the plants in China and Europe from 1.2 million to 3 million units in 2020.