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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 deedayon Jun 08, 2010 5:28pm
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Post# 17170307

RE: RE: JCI to take 3% stake at 10% premium

RE: RE: JCI to take 3% stake at 10% premiumYes they are paying 30c a share, so much for no major announcements at AGM also they have as expected sold 200 TC and projections are for 1500 units in 2011 my guess that will soon be 2000 and never say never but they have enough money to action the business plan.
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