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.

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Azure Dynamics Corp

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Post by BronxParkon Mar 19, 2007 2:08pm

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Post# 12444712

Purolator is Waiting for Feds Green light !

Purolator is currently using Azure's hybrid trucks in operation as part of its plan to study the economic viability of replacing its entire fleet with hybrids. Over 100 vehicles have been ordered to date. The Balance of up to 2000 more in orders are pending. Lets see if todays federal Budget tips the Scale in favor of this Fleet (Which is canada's Largest Courier Company) to Quickly Adopt a Full scale rollout of the technolgy. The enticement would come in the way of Mandated Subsidies or incentives. I have a felling that this stock is about to FLY