AAM awarded new business featuring patented e-AAM™ hybrid & electric driveline
DETROIT, July 9, 2013
DETROIT, July 9, 2013 /PRNewswire/ --A commitment to the advancement of
hybrid and electric driveline systems has secured AAM a new driveline systems
contract featuring e-AAM™ ^ technology with Qoros Auto Co., Ltd. (Qoros).
Qoros, an automotive manufacturing company headquartered in Shanghai, China,
and a joint venture between Chery Automobile Co., Ltd. and Israel Corporation,
will feature e-AAM™ technology on a future model year Qoros vehicle. This
vehicle will be produced in China for both the Chinese and European automotive
e-AAM™ hybrid and electric driveline systems consist of an electric drive
unit, power box unit with an electric drive control module and a proprietary
control strategy and software designed for traction and hybrid controls
functionality. e-AAM™ technology provides a cost efficient solution with
market leading power density, a high degree of modularity and a full scope of
controls and software designed to provide significant benefits to consumers.
These features include better fuel efficiency, reduced CO2 emissions and
improved safety, ride and handling performance.
"We are extremely pleased to initiate a partnership with Qoros," said AAM
President & Chief Executive Officer, David C. Dauch. "Our investment in
driveline systems for hybrid and electric vehicles has allowed us to develop
an innovative patent-protected product portfolio, enabling AAM to play a
leading role in this important new driveline product segment."
About AAM AAM (NYSE: AXL) is a world leader in the manufacture, engineering,
design and validation of driveline and drivetrain systems and related
components and modules, chassis systems and metal-formed products for light
trucks, sport utility vehicles, passenger cars and crossover vehicles and
commercial vehicles. In addition to locations in the United States (Indiana,
Michigan, Ohio, and Pennsylvania), AAM also has offices or facilities in
Brazil, China, Germany, India, Japan, Luxembourg, Mexico, Poland, Scotland,
South Korea, Sweden and Thailand.
For more information...
Christopher M. Son Stefan Carthaus
Director, Investor Relations, Director, Sales & Marketing - AAM Europe
Corporate Communications & Marketing +46-6172-138-6000
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