STOCK TITAN

AAM Electric Drive Unit Powers Mercedes-AMG GT 63 S E PERFORMANCE

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

American Axle & Manufacturing (NYSE: AXL) announced that its electric driveline technology is powering the Mercedes-AMG GT 63 S E PERFORMANCE, the first plug-in hybrid electric model from AMG. AAM supplies the vehicle's rear drive unit, which is a finalist for the 2022 Automotive News PACE™ Award. The electric drive unit features a compact design with a two-speed gearbox and eLSD, providing superior performance with 620 kW/843 hp and a 0-62 mph time of 2.9 seconds. This partnership highlights AAM's position as a leading supplier in the electric drive technology market.

Positive
  • Collaboration with Mercedes-AMG enhances AAM's reputation as a supplier of electric driveline technology.
  • The electric drive unit is recognized as a PACE Award finalist, underscoring superior innovation.
  • High performance metrics: 620 kW/843 hp and rapid acceleration of 0-62 mph in 2.9 seconds.
Negative
  • None.

DETROIT, June 14, 2022 /PRNewswire/ -- American Axle & Manufacturing's (NYSE: AXL) electric driveline technology powers AMG's first plug-in hybrid electric (PHEV) model, the Mercedes-AMG GT 63 S E PERFORMANCE. AAM supplies the performance car's rear drive unit, which was recently named a 2022 Automotive News PACE™ Award finalist. 

"AAM's Electric Drive Unit provides superior vehicle performance in a compact, power-dense design," said David C. Dauch, AAM Chairman and Chief Executive Officer. "This contract to supply Mercedes-AMG's newest hybrid performance car showcases AAM's industry-leading, award-winning electric drive technology. It continues our work to be the supplier of choice for OEMs as they expand their electric propulsion and e-mobility offerings."

The electric drive unit, located on the rear axle, is the first volume production application combining a mechanical all-wheel drive system with a 2-speed electric drive module. This P3 system layout, with the electric motor on the rear axle, optimizes the weight distribution and increases the total output torque, compared to a transmission mounted electric motor (P2 hybrid). 

Innovative design features include an electromechanical actuated two-speed gearbox and electromechanical controlled limited slip differential (eLSD) providing state of the art shifting times and traction.  

The performance car can generate 620kW/843hp at peak levels, clock a 0-62 mph time of 2.9 seconds, and achieve a top speed of 316 kph (196mph). AAM's e-Drive provides power/torque output of 150 kW/204 hp, adds performance in hybrid drive and helps enable zero emissions.  

With the launch of the Mercedes-AMG GT 63 S E PERFORMANCE, AAM further continues its transformation into a leading supplier of electric drive technology.

The PACE Award recognizes automotive suppliers for superior innovation, technological advancement and business performance and are accepted around the world as the industry benchmark for innovation. Awards will be announced in September 2022.

About AAM

As a leading global Tier 1 Automotive and Mobility Supplier, AAM (NYSE: AXL) designs, engineers and manufactures Driveline and Metal Forming technologies to support electric, hybrid and internal combustion vehicles. Headquartered in Detroit with nearly 80 facilities in 17 countries, AAM is bringing the future faster for a safer and more sustainable tomorrow. To learn more, visit aam.com.

For more information:
Investor Contact:
David H. Lim
Head of Investor Relations
(313) 758-2006
david.lim@aam.com

Media Contact:
Christopher M. Son
Vice President, Marketing & Communications
(313) 758-4814
chris.son@aam.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/aam-electric-drive-unit-powers-mercedes-amg-gt-63-s-e-performance-301566953.html

SOURCE American Axle & Manufacturing Holdings, Inc.

FAQ

What is the significance of AXL's partnership with Mercedes-AMG?

The partnership highlights AAM's advanced electric driveline technology and positions them as a key supplier in the electric vehicle market.

What are the performance specifications of the Mercedes-AMG GT 63 S E PERFORMANCE?

The vehicle generates 620 kW/843 hp, accelerates from 0-62 mph in 2.9 seconds, and has a top speed of 316 kph (196 mph).

When are the winners of the 2022 Automotive News PACE Award announced?

The winners will be announced in September 2022.

What technology does AAM provide for the Mercedes-AMG GT 63 S E PERFORMANCE?

AAM supplies the rear drive unit, which includes a two-speed electric drive module and an electromechanical controlled limited slip differential.

How does AAM's electric drive technology benefit vehicle performance?

It optimizes weight distribution and increases total output torque, enhancing overall vehicle dynamics and performance.

American Axle & Manufacturing Holdings, Inc.

NYSE:AXL

AXL Rankings

AXL Latest News

AXL Stock Data

729.36M
117.58M
3.99%
93.98%
3.44%
Auto Parts
Motor Vehicle Parts & Accessories
Link
United States of America
DETROIT