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Marelli forms e-axle JV with supplier Punch
Venture will be majority owned by Marelli and headquartered at Punch s facility in Strasbourg, France
Marelli and supplier Punch are forming a joint venture to develop and manufacture e-axles.
The joint venture, named Marelli Electric Powertrain Strasbourg, will bolster both companies as they seek to supply integrated systems to EV markets in Europe and the Americas, Marelli and Punch said Tuesday.
Marelli, the Japanese-Italian supplier formed from heating, AC and exhaust supplier Calsonic Kansei and former Fiat Chrysler Automobiles lighting and technology unit Magneti Marelli in 2019, will supply electric motors, inverters and software for the e-axles to the JV.