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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
Post by deedayon Aug 13, 2010 11:16am
560 Views
Post# 17348435

Going Forward and looking good

Going Forward and looking good
During the conference call no one asked the question on the European manufacturing location and partner for Europe the only reference made was to Ford does this mean Azure and Ford will go it alone in Europe as there are a number of Ford plants laying idle or operating under capacity.
On the revenue issue I suspect the year to come in at $30m Indications are that some 250 TC BEV's are on the books, Both the Cintas and Purolator orders will be filled in Q3/Q4 this only represents 350 balance units also don't forget azure is the seller of the TC ford is just one of our suppliers!, 
Finally hear are some rumors for you

Lead customers TC
AT&T (Confirmed)
Johnston Controls  (confirmed on CC)
Canada Post
Verizon
IBM (BLUE) chip
Best Buy (Geek Squad)

Also Purolator will order some 500 units during Q4

Deeday

Bullboard Posts