Marelli and PUNCH to form JV to develop and manufacture e-axles
21 May 2021
Marelli, a leading global automotive supplier, and PUNCH, a supplier for the development, integration and manufacturing of driveline and powertrain solutions, have reached an agreement to form a joint venture focused on e-axle solutions.
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.
Both companies will combine their expertise in the area of electric powertrains to offer integrated systems for electric vehicles. 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.
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.