Azure Dynamics Gets $5M Equity Investment From Johnson ControlsThe 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 Hybrids Hit 200 Million Mile MarkEaton 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 Sends Test Fleet Of Hybrid Ram Trucks To NYChrysler 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 Signs Battery Supply Agreement With A123 SystemsALTe 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.
Azure Dynamics Reports 2nd Quarter 2011 ResultsThe 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.
Azure Dynamics Wins DOE Award To Develop Next Generation Traction InverterThe 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.
Azure Dynamics Adds New Ford F-Series Super Duty Trucks To Hybrid LineupThe Oak Park hybrid truck powertrain developer Azure Dynamics Corp. Wednesday announced a deal with Ford Motor Co. to integrate its proprietary plug-in hybrid technology into the market-leading Ford F-Series Super Duty product line.
Azure Seeks Shareholder OK For U.S. Stock ListingAzure Dynamics Corp., the Oak Park electric and hybrid truck powertrain developer, said it would hold a special meeting of its shareholders Aug. 19 to ask shareholder approval of a consolidation of its shares in order for Azure to pursue a dual listing on a United States stock exchange such as the Nasdaq Global Market.
Azure Loss Grows, But Orders Hit RecordAzure Dynamics, the Oak Pak hybrid and electric truck powertrain developer, Tuesday reported lower revenue and a higher loss in the first quarter ended March 31. However, the company said it's finally taking off in terms of sales.
Azure Dynamics Receives 27 Transit Connect Electric OrdersAzure Dynamics Corp. (OTC: AZDDF), the Oak Park developer of hybrid and electric truck powertrains, Tuesday announced 27 Ford Transit Connect Electric van sales.
Azure Gets First European Dealership, 38 Transit Connect Electric SalesThe Oak Park hybrid and electric truck powertrain developer Azure Dynamics Corp. (OTC: AZDDF) has announced its first European dealer, RohneSelmer Co. AS of Oslo, Norway, and the sale of another 38 Ford Transit Connect Electric trucks equipped with an Azure electric powertrain.