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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
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Comment by nobletraderon Jun 04, 2008 2:35pm
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Post# 15145042

RE: From the AZD website

RE: From the AZD website

Deeday,

This is an excellent article and illustrates the potential of Azure. The potential of this company is being realized now and it will continue to grow as fuel prices increase and as customers look to offset the increase. One important aspect of the hybrid technology is that its cost will decrease as it becomes more mainstream and as it improves. It won't be long before the payback of hybrids is reduced to two years and becomes attractive to more potential customers. This will happen as more manufacturers of traditional automotive components shift to producing for the hybrid market. Azure is very well positioned to capitalize on this transition that is now only at its beginning.  

Cheers
Noble

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