The Punch group has just created in its Turin center, a subsidiary dedicated to hydrogen called “Punch Hydrocells”.
It’s been a good year since Guido Dumarey’s Punch group took over the General Motors engineering center in Turin. This Thursday, “Punch Torino” announced the creation of “Punch Hydrocells”, a new company which “will aim at the development, supply and integration of propulsion systems running on hydrogen and hydrogen storage” . In doing so, Punch adds a string to its technological arc in the automotive and transportation industries.
This company will coexist alongside Punch Torino, which specializes in diesel engines, from Punch Flybrid active on energy recovery systems and Punch Powerglide, specializing in the design, development and production of transmissions.
“Punch Hydrocells believes in a future without CO2 emissions, where energy will come from renewable sources and one of the main levers will be green hydrogen.”
Two million euros have already been invested, mainly to convert two engine test benches into test benches for the development of hydrogen technologies.
“Punch Hydrocells believes in a future without CO2 emissions, where energy will come from renewable sources and one of the main levers will be green hydrogen,” said Stefano Caprio, director of the new subsidiary.
For Guido Dumarey, creating a company dedicated to hydrogen should allow “to fully exploit its growth potential and to extend its skills towards new hydrogen solutions “.
Punch is also part with the companies AVL Italia and Landi Renzo ofa Italian hydrogen alliance, the H2-ICE alliance, which wants to promote the use of hydrogen for bus engines in public transport.