Punch and TATA Form JV to Build EV Powertrain Production in India
Belgian drivetrain specialist Punch Powertrain, bent on rapidly transforming its production from conventional power systems to fully integrated EV powertrains, and TATA AutoComp Systems Limited plan to form a 50-50 joint venture that will bring the Punch e-powertrain portfolio into TATA’s manufacturing and distribution operations in India. The venture will be responsible for the design, manufacturing, marketing and sales of Punch’s DT1 compact dual clutch transmission design in India and to global markets and will also carry out a wide range of activities to supply Punch’s conventional-hybrid DCTs, continuously variable transmission and EV reducers to customers in India. […]