Think of batteries in terms of voltage being analogous with water pressure. I know it seems like an apples and oranges comparison, but the theory is similar. A full tank can deliver great water pressure. As the tank empties over time the water pressure (voltage) and volume delivery in gallons per minute (Amperage) falls off.
Your electronic mod will synthesize and control the voltage delivered to the atomizer and keep it at the setting you choose as the battery voltage falls. Mech mods just fall off in vapor delivery as the voltage drops. At some point neither a mech or an electronic mod can keep up and you have to replace the battery.
This article explains how that happens.
https://www.electronics-tutorials.ws/blog/voltage-multiplier-circuit.html