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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Post by deedayon Oct 20, 2010 10:32am

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Post# 17587014

Don't loose site of the Core business

Going forward the TC will be the flagship product but for the next year it will be the balance unit with the new US regulations coming into effect fleets will be scrambling to meet those standards, The next two months will be exciting, Purolator will place there annual order and I suspect FedEx will also be in there, dont be surprised if these two combimed total more than 600 units, I am in Vancouver on a regular basis and in the downtown core it is tough to spot a Purolator van that is not one of Azures. I regulary speak to the drivers and they love them. and the managers must also feel the same way as one driver to me he gets 80% increase on range compared to his previous 1995 ICE version

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