Hines Corp. of Spring Lake Monday announced its acquisition of Oklahoma-based Crane Carrier Co., a manufacturer of custom-built, heavy-duty diesel, compressed-natural-gas-fueled and hybrid truck chassis.
The hybrid and electric truck powertrain developer Azure Dynamics Corp. (OTC: AZDDF) said Friday that effective March 19, it will consolidate its shares on a 40-1 basis.
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The Oak Park hybrid and electric truck powetrain developer Azure Dynamics Corp. (OTC: AZDDF) reported a nearly sixfold increase in revenue in the third quarter.
The hybrid and electric truck power train developer Azure Dynamics Corp. (OTC: AZDDF) said Friday that it has closed the previously announced equity investment by a wholly owned Canadian subsidiary of Johnson Controls Inc.
Eaton Corp. announced Tuesday that customers of its hybrid systems have collectively accumulated more than 200 million miles of service, reducing diesel fuel consumption by 8 million gallons and harmful emissions by 80,000 metric tons.
Chrysler Group LLC, working in partnership with the U.S. Department of Energy, will deliver five demonstration fleet Ram 1500 plug-in hybrid electric vehicle pickup trucks to Central Hudson Gas & Electric Corp. and the National Grid New York.
ALTe Thursday announced a long-term supply agreement with A123 Systems for complete lithium ion battery packs to be integrated into ALTe’s range-extended hybrid electric powertrain systems.
The Oak Park hybrid and electric truck powertrain developer Azure Dynamics Corp. (OTC: AZDDF) Thursday reported record second quarter revenue of $9.3 million, up 140 percent from $3.9 million in the same period of 2010. However, the company’s loss also grew.
The Oak Park hybrid truck powertrain developer Azure Dynamics Corp. (OTC: AZDDF) said Thursday that it will receive $5.4 million over four years from the United States Department of Energy to develop a traction system to be used in future Azure products including the recently announced Ford F-Series Super Duty cab and chassis PHEV program.