American Axle (AXL) Tops Q3 EPS by 8c

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REE Automotive (REE) Announces Nomination of American Axle (AXL) to Supply Next Generation 3-in-1 Electric Drive Technology

November 5, 2021 7:46 AM EDT

REE Automotive Ltd. (NASDAQ: REE), a leader in e-mobility, today announced the nomination of American Axle & Manufacturing (AAM) Holdings, Inc. (NYSE: AXL), a leading global Tier 1 automotive supplier, to supply REE with its high-performance electric drive units (EDU).

AAMs award-winning 3-in-1 electric drive technology - which places the electric motor, gearbox and inverter into a single package will be integrated into REEcorner technology. AAMs high-speed, highly integrated 3-in-1 propulsion systems are designed to provide the highest levels of torque and power density, a... More

American Axle (AXL) Announces Business Award for Next Generation 3-in-1 Electric Drive Technology

November 5, 2021 7:46 AM EDT

American Axle & Manufacturing Holdings, Inc. (NYSE: AXL) today announced it has secured an agreement with e-mobility leader REE Automotive Ltd. (NASDAQ: REE) to supply high-performance electric drive units (EDU) in a modular platform that can support multiple customer vehicle programs. The business award features AAM's award-winning, next generation 3-in-1 electric... More