AAM and Inovance Automotive form technology development agreement

American Axle & Manufacturing (AAM) and Suzhou Inovance Automotive have signed a technology development agreement to accelerate the development and delivery of scalable, next-generation 3-in-1 electric drive systems for the global NEV market.

“The global electric drive market continues to expand as increasingly stringent emissions regulations require innovative propulsion system solutions.”prnewswire.com

• 1 source
• prnewswire.comAAM and Inovance Automotive Form Technology Development Agreement Focused on Next-Generation Electric-Drive TechnologyAmerican Axle, Manufacturing Holdings, Inc.Jan 11, 2021

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