Azure Dynamics Corp AZDDQ

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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 Jan 17, 2011 7:46am

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Post# 17982291

RE: RE: official NR - Azure Dynamics Receives Reco

Sorry from the preamble on traders huddle

Written by TradersHuddle Staff

Monday, 17 January 2011 07:34

Purolator places record order for 600 Balance^TM Hybrid Electric units to be delivered over the next three years at 200 units per year. Purolator will operate the world's largest fleet of Azure's Balance^TM Hybrid Electric vehicles with 955 units, including the 2011-2013 deliveries Azure Dynamics Corporation is the world's #1 provider of hybrid electric powertrain solutions in the medium duty commercial hybrid truck market where it controls approximately 60% market

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