 DETROIT, May 7, 2021 PRNewswire -- American Axle Manufacturing Holdings, Inc. AAM, NYSE: AXL will receive 5 million in funding from the U.S. Department of Energy to advance development of its next generation Electric Drive Technology. The cooperative agreement from the Office of Energy Efficiency and Renewable Energy EERE on behalf of the Vehicle Technologies Office is funding research projects in advanced batteries and electrification; advanced engine and fuel technologies, including technologies for off-road applications and alternative fueled engines; lightweight materials; new mobility technologies energy efficient mobility systems and alternative fuels technology demonstrations. 