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AAM's Next Generation Electric Drive Systems on Display at CES 2024

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American Axle & Manufacturing (AAM) (NYSE: AXLE) to Showcase Industry-Leading Technology at 2024 Consumer Electronics Show
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The recent announcement by American Axle & Manufacturing (AAM) regarding their participation in the 2024 Consumer Electronics Show (CES) highlights their commitment to advancing electric mobility solutions. This initiative is particularly significant as the automotive industry is rapidly transitioning towards electrification, a movement that is reshaping the competitive landscape and driving innovation.

AAM's display of Electric Drive Unit (EDU) technology and e-Beam axle systems at CES underscores their strategic focus on electric driveline technology. Showcasing these technologies at CES, a platform renowned for technological innovation, could potentially enhance AAM's visibility among original equipment manufacturers (OEMs) and strengthen its market position.

The development of high-performance EDUs for both hybrid and fully electric powertrains, such as those found in the Mercedes AMG GT 63 S E Performance sedan, reflects AAM's capability to cater to luxury performance vehicles. This could lead to increased interest from premium automotive brands looking to enhance their electric vehicle (EV) offerings.

Furthermore, the conversion of a production internal combustion engine (ICE) platform into a battery electric light-duty truck equipped with AAM's technology demonstrates the company's engineering prowess and adaptability to different vehicle segments. This versatility is essential for meeting diverse market demands and could lead to a broader range of partnerships.

For stakeholders, AAM's advancements in electric mobility and component technology may translate to a stronger competitive edge and growth opportunities, especially as global markets increasingly demand sustainable and efficient transportation solutions. However, the success of these technologies will depend on their performance, cost-effectiveness and integration into OEM product lines.

AAM's emphasis on sustainable mobility and their pursuit of carbon net zero solutions is a response to the growing importance of environmental considerations in the automotive sector. Their presence at CES, paired with their pledge to sustainable practices, aligns with the broader industry trend towards reducing carbon footprints and adhering to stricter emissions regulations.

Their initiative to design and manufacture components globally while maintaining a commitment to quality and operational excellence indicates a strategic approach to supply chain management. This could foster resilience and reliability in AAM's operations, which are critical factors for OEMs when selecting suppliers.

As the automotive industry faces increasing pressure to achieve sustainability targets, AAM's proactive stance on carbon neutrality may enhance their attractiveness to investors and partners conscious of environmental, social and governance (ESG) criteria. Nonetheless, the long-term impact of these efforts on AAM's financial performance will hinge on the market's reception of their technologies and the effectiveness of their implementation in mass-market vehicles.

DETROIT, Dec. 19, 2023 /PRNewswire/ -- American Axle & Manufacturing (AAM), (NYSE: AXLE) will have its industry-leading technology on display at the 2024 Consumer Electronics Show, the world's most influential global tech event, held Jan. 9-12 in Las Vegas.

"CES is the premier event to showcase the full breadth and depth of our innovative solutions and tell our story to a broad range of partners," said David C. Dauch, AAM Chairman and Chief Executive Officer. "AAM continues to support a rapidly changing global auto industry by expanding our electrification platforms for any type of vehicle. This includes performance sedans, SUVs, light- and heavy-duty trucks and skateboards, empowering OEMs to create cleaner and more efficient vehicles."

AAM has been at the forefront of creating solutions for the transition to electric mobility with a focus on driveline technology. AAM will showcase many of its technologies and products in its booth, with a focus on:

Electric Drive Unit (EDU) Technology

  • AAM will showcase its best-in-class EDU technology for both hybrid and fully electric powertrains. The Mercedes AMG GT 63 S E Performance sedan will be in the booth, which features AAM's award winning EDU providing a power/torque output of 150 kW/204HP.

e-Beam Technology

  • The next generation of front and rear e-Beam axles integrating AAM's 3-in-1 e-Drive technology will also be on display. AAM will showcase a uniquely-designed battery electric light-duty truck, featuring AAM's 3-in-1 high-speed EDUs. The light-duty pickup truck, built entirely by AAM engineers from a production ICE platform, features a single 150kW EDU driving the front wheels and a 425kW e-Beam in the rear. 

Component Technology

  • A full assortment of components including but not limited to rotor shafts, park lock actuators, output shafts and differentials will be on display. These product technologies are designed and manufactured all over the world for various OEM customers, demonstrating AAM's commitment to quality, technology leadership and operational excellence.

The AAM booth at CES is located in the West Hall (#6827) at the Las Vegas Convention Center. AAM experts will be onsite to discuss the company's innovations, provide hands-on demonstrations of AAM's latest technology and discuss the company's deep commitment to sustainable mobility and advancement in creating carbon net zero solutions.

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 85 facilities in 18 countries, AAM is bringing the future faster for a safer and more sustainable tomorrow. To learn more, visit aam.com.

Media Contacts:


Christopher M. Son

Adrienne Lenhoff, Roundtable6 for AAM

Vice President, Marketing & Communications

(313) 580-6349    

(313) 758-4814        

ALenhoff@roundtable6.com 

chris.son@aam.com 


 

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SOURCE American Axle & Manufacturing Holdings, Inc.

FAQ

What is American Axle & Manufacturing's (AAM) ticker symbol?

The ticker symbol for American Axle & Manufacturing is AXLE.

What technology will AAM showcase at the 2024 Consumer Electronics Show?

AAM will showcase its Electric Drive Unit (EDU) Technology, e-Beam Technology, and various component technologies at the 2024 Consumer Electronics Show.

Where will AAM's booth be located at the 2024 Consumer Electronics Show?

AAM's booth at the 2024 Consumer Electronics Show will be located in the West Hall (#6827) at the Las Vegas Convention Center.

Who is the Chairman and CEO of American Axle & Manufacturing?

David C. Dauch is the Chairman and Chief Executive Officer of American Axle & Manufacturing.

What vehicles will feature AAM's technology at the 2024 Consumer Electronics Show?

AAM's technology will be featured in vehicles such as the Mercedes AMG GT 63 S E Performance sedan and a battery electric light-duty truck at the 2024 Consumer Electronics Show.

American Axle & Manufacturing Holdings, Inc.

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