Azure Dynamics to Deliver Ford E-450 Hybrid for Demonstration

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(Source: Azure/prn) Canada, August 28 - Azure Dynamics Corporation a developer of hybrid electric and electric powertrains for commercial vehicles is pleased to announce that it has signed a commercial development and cooperation agreement with a North American company. Azure will deliver a gasoline parallel hybrid electric Ford E-450 based vehicle for industry viability validation, testing and demonstration within the company's North American fleet.

The parallel hybrid electric demonstration vehicle will be used to verify the fuel economy improvements, emissions reductions and maintenance cost savings that can be achieved using Azure's patented technology. Successful completion of the program will result in the company becoming a lead customer for Azure's hybrid technology on the Ford E-450 chassis with a minimum commitment of 10 percent of their fleet replacement purchases per annum.

Scott Harrison, Azure's Chief Executive Officer said, "This program represents another step in our path to commercialising hybrid drive technology into major truck fleets in North America. Our customer is interested in testing and verifying the economic and environmental benefits of hybrid drive technology. We are confident we can deliver a product which will be both economic and environmentally sound and that more business will follow."


Image: Azure Dynamics Corporation