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Home E-Mobility

Marelli, PUNCH Sign MoU Forces to Develop and Manufacture EV e-axles

Urja Daily by Urja Daily
May 11, 2021
in E-Mobility
Reading Time: 2 mins read
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MARELLI and PUNCH Joint Venture agreement
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  • Creation of new joint venture between leading global automotive supplier, Marelli, and leading supplier for the development, integration and manufacturing of driveline and powertrain solutions, PUNCH (via PUNCH Motive International)
  • The joint venture accelerates Marelli’s shift toward electrification through the development and assembly of integrated e-axles for electric vehicles
  • The partnership advances PUNCH’s long-term e-mobility strategy toward clean hydrogen energy

Marelli and PUNCH have reached an agreement to form a joint venture focused on e-axle solutions. Both companies combine their extensive expertise in the area of electric powertrains to offer integrated systems for electric vehicles.  

The joint venture – which is to be majority owned by Marelli – will be focused on a system approach for optimized integrated e-axle solutions. The company will develop and assemble e-axle systems and be targeted specifically toward the markets in Europe and the Americas.

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The new enterprise, Marelli Electric Powertrain Strasbourg (France) SAS, will be headquartered at PUNCH’s site in Strasbourg, France, in proximity to major European vehicle makers. The joint venture will have a facility for production, prototyping and testing on-site.

E-axles are a key system of electric vehicles. While Marelli will supply electric motors and inverters including software for the e-axles, PUNCH will contribute gearbox components and development as well as manufacturing expertise.  

“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”, said Hannes Prenn, Executive Vice President and CEO of Marelli’s Electric Powertrain business. “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.”

“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”, said Guido Dumarey, founder and CEO PUNCH.

Tags: AutomotiveE-mobilityelectric motorsElectric Powertrainelectric vehicleshydrogen energyMarelliPUNCH
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