AAM Wins Two PACE Awards for Innovative Electric Drive Technology

DETROIT, April 29, 2020 /PRNewswire/ -- American Axle & Manufacturing (AAM) (NYSE: AXL) was awarded a 2020 Automotive News PACE Innovation Award and a PACE Innovation Partnership Award for the front and rear electric drive units featured on the Jaguar I-PACE all-electric AWD luxury SUV.

The Automotive News PACE Awards recognize automotive suppliers for superior innovation, technological advancement and business performance and are accepted around the world as the industry benchmark for innovation.

"We are honored to accept a 2020 Automotive News PACE Award for a product that is transforming the global automotive industry and AAM's technology portfolio," said David C. Dauch, AAM Chairman and Chief Executive Officer. "We are grateful to the PACE Award judges for recognizing AAM's technology leadership with this prestigious award."

PACE Innovation Partnership Awards are given to automakers and suppliers who showcase excellent collaborative efforts that have made both a strategic market entry and competitive timing difference in commercializing a supplier's products or process innovation.

"We are proud of our partnership with Jaguar Land Rover on this program and our shared commitment to innovation in introducing this new safe, compact, quiet and efficient Electric Drive Technology on the award-winning I-PACE," Dauch said.

AAM's compact and quiet Electric Drive Technology delivers a total of 394 hp and 512 lb. ft. of torque across two electric drive units. The drive units leverage AAM's expertise in geartrain design and manufacturing to maximize the power in the available packaging space while helping contribute to the vehicle's low center of gravity. AAM's independently controlled drive units provide immediate torque and all-wheel drive for optimal performance, control and maximum safety. AAM and Jaguar collaborated to deliver the best vehicle integration, software and controls along with superior NVH performance. The award-winning powertrain accelerates the I-PACE while producing no tailpipe CO(2) or particulates.

AAM engineered the I-PACE Electric Drive Technology in collaboration with Jaguar Land Rover Engineering and utilizing AAM's global engineering team while providing regional development and support to Jaguar Land Rover. The system is built in Poland at AAM's ?widnica Manufacturing Facility, which is dedicated to producing precision-engineered AAM driveline systems and components.

PACE award winners were announced at a virtual ceremony on April 28.

About AAM

AAM (NYSE: AXL) delivers POWER that moves the world. As a leading global tier 1 automotive supplier, AAM designs, engineers and manufactures driveline and metal forming technologies that are making the next generation of vehicles smarter, lighter, safer and more efficient. Headquartered in Detroit, AAM has over 20,000 associates operating at nearly 80 facilities in 17 countries to support our customers on global and regional platforms with a focus on quality, operational excellence and technology leadership. To learn more, visit aam.com.

Contact: Andrea Knapp, 248 321 5653, andrea.knapp@aam.com

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SOURCE American Axle & Manufacturing Holdings, Inc.