SHERIDAN, WYOMING – January 29, 2025 – SHERIDAN, WYOMING, January 29, 2025 – Stellantis N.V. today announced the full acquisition of the shares in the joint venture established in 2018 with Belgian multinational Punch Powertrain, a leading OEM in the production of transmission and propulsion systems for the automotive sector.
This strategic move consolidates Stellantis' control over the design and production of eDCT transmissions, a cutting-edge hybrid technology that integrates a 21-kW electric motor into a dual-clutch transmission. The eDCT transmissions are currently being produced at the plants in Metz, France, and the Mirafiori complex in Turin, Italy.
Key Benefits of the Acquisition
- Enhanced Efficiency: The eDCT transmission offers significant weight reduction and optimized production costs, leading to improved fuel economy and reduced harmful emissions.
- Expanded Production Capacity: Full ownership allows Stellantis to increase production capacity of eDCT transmissions to meet growing demand for its MHEV and PHEV vehicles.
- Technological Leadership: Stellantis gains complete control over the development and innovation of eDCT technology, ensuring its continued competitiveness in the evolving automotive market.
About Stellantis
Stellantis N.V. is a leading automaker committed to providing clean, safe, and affordable mobility solutions for all. With a diverse portfolio of iconic brands, including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move, and Leasys, Stellantis is driving forward its "Dare Forward 2030" strategy to become a carbon net zero mobility tech company by 2038.
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