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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Comment by parachuteon Oct 03, 2004 11:56pm

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Post# 8000777

RE: $5,$10,$15 not far away

I really hope you're right but too much can go wrong for a small company like this. Dynasty electric cars set up here in Kelowna a few years back to mcuh fan far. Had a great little multi-use vehicle that could be ordered in variety of styles. Orders took off but dynasty started getting some returns because of a bad window design. Meanwhile other orders piled up, but they couldn't ship because they had the bad window. An order for 1200 vehicles was in the wings, but they ran out of cash and locked the doors. Could this happen at AZD because of an unforeseen difficulty? You betcha.

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