An axle drive for an articulated vehicle which has at least a drivable first vehicle axle and a drivable second vehicle axle as well as an articulated joint provided therebetween, said axle drive comprising - a drive shaft section having a drive-side end which forms an input for receiving a drive power from an electric motor, - a driven shaft having a driven-side end at which a bevel gear is arranged for a drive-effective coupling to the first vehicle axle, and - a through drive shaft having a driven-side end which forms an output for a drive-effective coupling to the second vehicle axle; wherein the input and the output of the axle drive are arranged opposite one another with respect to a longitudinal direction of the vehicle and the output is arranged behind the input with respect to the longitudinal direction, wherein the drive shaft section, the driven shaft and the through drive shaft are aligned in parallel with the longitudinal direction, wherein the drive shaft section is drive-effectively coupled or couplable to both the driven shaft and the through drive shaft so that a drive power flow extending from the input through the axle drive branches at a branch point into a first partial flow leading to the output and into a second partial flow leading to the bevel gear in order to transmit received drive power at least proportionally to the first vehicle axle and/or the second vehicle axle, wherein the branch point of the drive power flow is provided in front of the bevel gear with respect to the longitudinal direction of the vehicle, wherein the through drive shaft is arranged vertically offset from the driven shaft to cross over or under the first vehicle axle, and wherein the drive shaft section, the driven shaft and the through drive shaft are arranged within a common housing, characterized in that the electric motor is arranged directly at the housing. said axle drive comprising - a drive shaft section having a drive-side end which forms an input for receiving a drive power from an electric motor, - a driven shaft having a driven-side end at which a bevel gear is arranged for a drive-effective coupling to the first vehicle axle, and - a through drive shaft having a driven-side end which forms an output for a drive-effective coupling to the second vehicle axle; - a drive shaft section having a drive-side end which forms an input for receiving a drive power from an electric motor, - a driven shaft having a driven-side end at which a bevel gear is arranged for a drive-effective coupling to the first vehicle axle, and - a through drive shaft having a driven-side end which forms an output for a drive-effective coupling to the second vehicle axle; wherein the input and the output of the axle drive are arranged opposite one another with respect to a longitudinal direction of the vehicle and the output is arranged behind the input with respect to the longitudinal direction, wherein the drive shaft section, the driven shaft and the through drive shaft are aligned in parallel with the longitudinal direction, wherein the drive shaft section is drive-effectively coupled or couplable to both the driven shaft and the through drive shaft so that a drive power flow extending from the input through the axle drive branches at a branch point into a first partial flow leading to the output and into a second partial flow leading to the bevel gear in order to transmit received drive power at least proportionally to the first vehicle axle and/or the second vehicle axle, wherein the branch point of the drive power flow is provided in front of the bevel gear with respect to the longitudinal direction of the vehicle, wherein the through drive shaft is arranged vertically offset from the driven shaft to cross over or under the first vehicle axle, and wherein the drive shaft section, the driven shaft and the through drive shaft are arranged within a common housing, characterized in that the electric motor is arranged directly at the housing.