Corbetta,
Italy
Leading global
automotive supplier, Marelli and PUNCH, a supplier for the development, integration
and manufacturing of driveline and powertrain solutions, have announced the
formation of a joint venture focused on e-axle solutions. The two companies
will combine their extensive expertise in the area of electric powertrains to
offer integrated systems for electric vehicles.
The joint venture
will be majorly owned by Marelli and will form a new enterprise named Marelli
Electric Powertrain Strasbourg (France) SAS, headquartered at PUNCH’s site in
Strasbourg, France. This way, it will be closer to major European vehicle
makers. It will have a facility for production, prototyping and testing on-site
for optimised integrated e-axle solutions.
The company will
develop and assemble e-axle systems especially for the European and the
American markets. While Marelli will supply electric motors and inverters
including software for the e-axles, PUNCH will contribute gearbox components
along with providing development and manufacturing expertise.
Hannes Prenn,
Executive Vice President and CEO, Marelli’s Electric Powertrain business said,
“PUNCH’s and Marelli’s strengths in the field of electric powertrains are a
great match. The joint venture is an important milestone in Marelli’s
e-mobility growth strategy. With this cooperation, we further expand our unique
offering as a full system provider for electric powertrains which is
complemented by our thermal and battery management solutions.”
Guido Dumarey,
Founder and CEO, PUNCH said, “PUNCH wants to be a major player for reducers as
part of complete e-axles, representing one of the key components for electric
mobility. The partnership with Marelli is an enabler for us to accelerate and
execute our long-term strategy from fossil to electric and ultimately clean
hydrogen powertrain systems.”
The joint venture
will accelerate Marelli’s shift toward electrification through the development
and assembly of integrated e-axles for electric
vehicles. It will also advance PUNCH’s long-term e-mobility strategy
towards clean hydrogen energy.
Source
– MARELLI Press Release
Image Source: Marelli
Website
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Read:
https://www.automotiveproductsfinder.com/news/marelli-opens-new-r-d-center-at-turin-in-italy/133795