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Groupe PSA and Punch Powertrain expand strategic partnership in electrification agreement with second joint venture

Groupe PSA (Paris:UG) and Punch Powertrain have signed an agreement to establish a second joint venture and expand their strategic partnership in the field of electrification. Punch Powertrain holds majority control (61%) in the new joint venture, which will design, manufacture, and supply Punch Powertrain’s breakthrough DT22 dual clutch transmission for the industry’s next generation […]

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