Here is an analogie comparing Voltage(pressure) and Current (flow of power) to an IC engine. In an IC engine, The explosion could be compared to the pressure, and the torque as the flow of power.
If the explosion happens close to top dead center, the most power is available to move the heads and create the torque.
If the explosion happens too early(lead), it actually fights against the cylinder head and reduces the torque.
If the explosion happens too late(lag), less of the pressure is transferred into torque.
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