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 Mar 19, 2007 5:16pm

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Post# 12446471

RE: Commercial Feets now Compelled to Switch

It will depend on what is cnsidred a "gas Guzzler" My feeling is they will target only those at the retail level and delivery vans, trucks busses etc will not be affected. Ax a result, I don't think this decision will help Azure. Would have been better if they had pursued early adopter incentives instead, thus allowing companies to make choices rather then feeling like there might be a penalty. Gov't is using the old stick insead of carrot psychology - rarely works.

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