PUNCH Torino announces the creation of PUNCH Hydrocells with more than two million euros already allocated to start the project
25 February 2021 – PUNCH Group, a Belgian industrial company that has its roots in the automotive world, firmly believes that the use of existing skills is the real bet in the process of reconversion of current technologies to face the challenges of the energy transition and decarbonization.
Having that said, one year after the acquisition of the Turin engineering and development center, following the creation of the H2-ICE alliance aimed at promoting the use of hydrogen for traction of buses in public transport, PUNCH announces the establishment of a new company. PUNCH Hydrocells, based in Turin, will be targeting the development, supply and integration of hydrogen-based propulsion and energy storage systems. The new business will have a team with a wide range of skills that will go from Artificial Intelligence, to control electronics, to mechanical and electrical engineering, with particular attention to the use of renewable energy.
This is a long-term project, as evidenced by the allocation of over two million euros which will be used to convert two engine test benches currently in force at the engineering center into as many test benches dedicated to the development of H2 technologies.
PUNCH Hydrocells joins the other companies of the group: PUNCH Torino, a center specialized in diesel propulsion and control, PUNCH Flybrid which develops energy recovery systems, PUNCH Precision which produces aluminum chassis and finally PUNCH Powerglide, specialized in the design, development and production of transmissions.