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Azure Dynamics Corp AZDDQ

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

Bullboard Posts
Comment by buddhaboyon Jan 14, 2009 6:44pm
271 Views
Post# 15705001

RE: RE: Comments re: inves20

RE: RE: Comments re: inves20Thanks for the link....definitely an impressive company and obviously more than capable of providing Ford with what it needs to get the job done.  I'm certainly not going to argue hydraulics / battery systems with an engineer.  I simply believe that there is more than one way to skin a cat.  Eaton Corp. has been around since 1911, so Ford obviously knows what it can do for them.  With that in mind, why would a) Ford enter into a development agreement with a small-time Canadian firm to hybridize their E-series trucks and b) Azure then move their HQ to Oakland, Michigan.  To me, that says that their technology shows promise and that an implicit commitment has been made.  It certainly gives AZD more promise than its SP reflects.

As I said before, for those of us who've been in for a while, it's a moot point...the equity is already gone so there's no point in bailing now.  And even if I did need the money, I wouldn't be cashing out yet....Azure's not done by a long shot (IMHO).

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