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 Mar 05, 2010 8:18am

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Post# 16846488

RE: Fleet sales only for Transit

Fleet leasing is the way to get volume into production I doubt that the average Joe will drop $60,000 for a EV when the diference in capital cost will take 20 years to recoup. Also we need to get one point clear here it is not Ford selling the BEV-TC it is Azure, sure they will have access to selected dealerships but the marketing and sales responsibility lays with Azure

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