Battleaxe went through several lineups over the years (note that they are still playing and touring to this day) but what's important in C64 music history is that, at one point, a lead guitarist named John Stormont joined the band (for a relatively short time). Heavy metal was/is his passion but he was also very much into the Commodore 64 and, in particular, the music of Rob Hubbard (it is rumored that some other members of the band were also C64 afficionados).
John composed tons of tunes on the C64 (see John Stormont - When 64s ruled the Earth) with Ubik's Music. He also composed a few tunes on Electrosound including this cover of Battleaxe's "Make it in America":
Which version sounds better? Well, I'll let you be the judge of that.