American Axle & Manufacturing (AAM) is a leading global Tier 1 Automotive and Mobility Supplier (NYSE: AXL) that is dedicated to bringing the future faster. Established in 1994, AAM is headquartered in Detroit, with a presence in nearly 85 facilities across 18 countries. With a focus on driveline and metal forming technologies, AAM is committed to supporting electric, hybrid, and internal combustion vehicles, ultimately contributing to a safer and more sustainable tomorrow.
The most recent investment in AAM was a $5.00M grant received on 10 May 2021 from the US Department of Energy. This investment not only highlights the company's growing potential but also underscores its importance in driving innovation and advancement in the automotive and mobility industry. AAM's strong presence, coupled with its commitment to shaping the future of mobility, positions it as an attractive opportunity for venture capitalists seeking to invest in the evolving automotive and manufacturing sectors.
