Azure Dynamics Corp AZDDQ

Consumer Cyclical Recreational Vehicles

Azure Dynamics Corporation (Azure) is engaged in the development and sale of electric vehicle (EV) and hybrid electric vehicle (HEV) systems and components. HEV systems include an electric motor, an energy storage system (batteries or ultracapacitors), and an additional power source, such as an internal combustion engine/generator. An EV does not include the additional power source and only includes an electric motor and an energy storage system. It has four wholly owned subsidiaries: Azure Dynamics Inc., Azure Dynamics Incorporated, Azure Dynamics Corporation of America and Azure Dynamics Limited. Azure has developed electric and hybrid electric drive technologies for the light to heavy duty commercial vehicle category (the Technology). Azure has developed three primary product groups, which include full hybrid electric; mild hybrid electric; and pure electric solutions. Target markets include hybrid electric delivery vans and shuttle buses, as well as electric drive applications.

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Azure Dynamics Corp

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Comment by bobo2000on Nov 22, 2006 12:39pm

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Post# 11729432

RE: Interesting article.....

I have never been a fan of building your business plan based on the whims of gov't subsidy or incentives. Unless it can stand solidly in the market without these, then you are forever looking at a Bombardier scenario where they flit from one gov't handout to another. The share price history at companies such as Bombardier supports the frailty of the subsidy/incentive addiction.

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