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Punch Powertrain Groupe PSA electrification JV starts operations

Punch Powertrain and Groupe PSA announced the launch of their joint venture – ‘Punch Powertrain PSA e-transmissions’. Following regulatory approvals, the company is founded and starts its operations as of September 17, 2020. Punch Powertrain holds majority control in the new 61-39 joint venture, which will design, manufacture, and supply Punch Powertrain’s breakthrough DT2 dual […]

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