Wow, nasty much? Along with the half-wit up-votes.
Actually, the OP is correct:
- The term "Axle Assembly" refers to the axle housing as well as as the actual axles.
- And if it doesn't have axles, how come the wheels don't fall off?
- And having hub motors adds essentially nothing to it's off-road ability. It could as well use chains, hydraulics, or more conventional shafts and universals.
It's essentially no different to a conventional 4WD, except that the pivot points are above the center of gravity.