Friday, 07 May 2021
American Axle & Manufacturing Inc., a supplier of driveline and metal forming technologies, and REE Automotive, a leader in e-Mobility, have agreed to jointly develop a new electric propulsion system for e-Mobility. REE is in the process of merging with 10X Capital Venture Acquisition Corp., a special purpose acquisition company, to become a publicly listed company.
Pursuant to the recently signed agreement, the parties intend to leverage AAM’s system integration capabilities and focus on NVH (noise, vibration and harshness) reduction to incorporate AAM’s lightweight and efficient next generation electric drive units, which feature fully integrated high-speed motors and inverter technology, into REE’s highly modular and disruptive REEcorner™ technology that enables a fully-flat EV chassis for multiple commercial vehicle applications. The REEcorner integrates critical vehicle components (steering, braking, suspension, power train and control) into the area between the chassis and the wheel to deliver significant functional and economic advantages. The electric drive units will be developed at AAM’s Advanced Technology and Development Center in Detroit with delivery of prototypes planned by the end of 2021.