Azure Dynamics Corp AZDDQ

Consumer Cyclical Auto Parts

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.

GREY:AZDDQ - Post by User

Azure Dynamics Corp

Bullboard Posts

Post by BronxParkon Mar 18, 2007 12:22pm

57 Views

Post# 12439597

Push from Bush - Hurry up with Those Hybrids

https://www.htlounge.net/articles/2624/1/Bush-Discusses-Plug-ins-with-Hybrid-Experts

Bush Discusses Plug-ins with Hybrid Experts

Lithium-ion automobile battery manufacturer A123 Systems of Boston got a big boost last week when U.S. President George W. Bush met with Energy Secretary Samuel Bodman and A123Systems CEO David Vieau to discuss plug-in hybrids. A123 is one of the leaders in the field of battery cells for hybrid vehicles, which are fast becoming a machine of choice for many drivers. Some experts predict that the number of hybrids on roads in the U.S. alone will top 4 million by 2010. "Every new and converted plug-in hybrid has the potential to reduce oil consumption for that vehicle by as much as 75% and emissions by up to 50% in pursuit of the President's goal to reduce oil imports by 20% before 2017," said Vieau. "The President was very interested in talking about the additional research dollars and consumer incentives that would start putting meaningful numbers of plug-in hybrids on the road as soon as possible," he added. Vieau was at the White House to promote not only his company but also its work and mission—to make the world less dependent on oil. Bush, who hasn't exactly been known as a friend to non-oil power sources, has recently embarked on a plan to embrace alternative technology and cut oil imports.