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 Nov 16, 2010 10:58am

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Hey over here Mr Icahn we can be bought

Federal-Mogul Corp (FDML.O), the maker of powertrain and safety technology controlled by billionaire investor Carl Icahn, is scouting for companies to acquire with a focus on electric vehicle technology.

The Southfield, Michigan-based auto supplier is interested in supplying electronic components related to vehicle powertrains, electric motors and parts of the infrastructure needed for electric-powered vehicles, Federal-Mogul's chief executive, Jose Maria Alapont, said during the Reuters Global Autos Summit.

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