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 Nov 19, 2004 4:42pm

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Post# 8202760

RE: From changing world, forecasts Nov 1st

Probably lots of room in the market. Validates the technology (not that that's needed.) Besides AZD is working with speciality manufacturers for specialized vehicles, like London Cabs. A very targeted specific audience, like Railpower is doing with switcher engines. (Railpower by the way is doing very well. Stock up 25 cents today with a sale last week of about $25 million to one customer.) I just wish AZD was a little quicker coming to market but deliveries begin to Purolator,don't they, in December with other commercial deliveries just six months after that, and profitably by 2006.

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