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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Comment by deedayon Feb 08, 2010 8:38am

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Post# 16761527

RE: RE: RE CASH

Cash flow positive Q1 2011, With all the expected developement/production costs and new hires required for the transit connect they will blow through the $50 this year, they will have to tie in with ford or other partners to produce the expected volumes for the North American BEV-TC. If the USPS step up to the plate with an order for RH drive units then there is another chunk of cash, But they may have to spend anyway as this is a world vehicle.

Now you will see increased revenues starting with Q4 2009 lots of vehicles were delivered and paid for in that quarter.

Lots of news and good PR this week could be the daytraders darling

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