American Axle & Manufacturing Holdings, Inc. and Suzhou Inovance Automotive Ltd. Form Technology Development Agreement Focused on Next-Generation Electric-Drive Technology
January 11, 2021 at 02:07 pm
Share
American Axle & Manufacturing Holdings, Inc. and Suzhou Inovance Automotive Ltd. announced a technology development agreement that will accelerate the development and delivery of scalable, next-generation 3-in-1 electric drive systems, which integrates an inverter, electric motor and gearbox. AAM and Inovance Automotive will focus on the advancement of highly integrated 3-in-1 electric drive systems leveraging the partners' complimentary expertise in electric-propulsion technology. The collaboration will seek to enhance the power density, efficiency and cost effectiveness of the electric drive technology offered in the global NEV market. AAM and Inovance are launching 3-in-1 electric drive units supporting four customer programs from AAM's Changshu Manufacturing Complex beginning with the first 135 kW model for a Chinese OEM in first quarter of 2021. The partnership between AAM and Inovance Automotive will strengthen both companies' positions as leading providers of electric-propulsion technology in China and the global automotive markets with next generation integrated electric drive units that offer best-in-class power density and efficiency.
American Axle & Manufacturing Holdings, Inc. is an automotive and mobility supplier. The Company designs, engineers and manufactures driveline and metal forming technologies to support electric, hybrid and internal combustion vehicles. The Company operates through two segments: Driveline and Metal Forming. Driveline products consist primarily of front and rear axles, driveshafts, differential assemblies, clutch modules, balance shaft systems, disconnecting driveline technology, and electric and hybrid driveline products and systems for light trucks, sport utility vehicles (SUVs), crossover utility vehicles (CUVs), passenger cars and commercial vehicles. Its Metal Forming products consist primarily of engine, transmission, driveline and safety-critical components for traditional internal combustion engine and electric vehicle architectures including light vehicles, commercial vehicles, and off-highway vehicles, as well as products for industrial markets.
American Axle & Manufacturing Holdings, Inc. and Suzhou Inovance Automotive Ltd. Form Technology Development Agreement Focused on Next-Generation Electric-Drive Technology
AMERICAN AXLE & MANUFACTURING HOLDINGS, INC. 
