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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 bpeterson Mar 13, 2004 9:06am
133 Views
Post# 7204461

Interesting trading is right!

Interesting trading is right!Previously, AZD announced the following: "Azure and LPD, in cooperation with Zebra Batteries and a leading European truck manufacturer, are developing an electric van for display and demonstration purposes. Azure will provide an electric powertrain to be retrofitted by LPD. This electric powertrain vehicle will be put on display at the Commercial Vehicle Show in Birmingham, March 23 to 25, 2004. The vehicle will potentially be available as either a utility delivery van or a passenger minibus. After the show, LPD in conjunction with the European truck manufacturer will use the vehicle for demonstration and marketing purposes for a period of approximately nine months." Given the show is a little over a week away and the potential March 31st (quarter end) window dressing for those institutional investors in this baby, I think there should be some very interesting activity over the next two weeks....
Bullboard Posts