Azure Dynamics (AZDDQ) Price & Analysis

Azure Dynamics Corporation specializes in the development and provision of electric and hybrid electric propulsion systems, along with vehicle control technologies, for commercial vehicles ranging from light to heavy-duty, primarily in North America. Their hybrid electric vehicle (HEV) systems integrate an electric motor, an energy storage unit, and an additional power source, such as an internal combustion engine/generator. In contrast, their purely electric vehicle (EV) systems comprise an electric motor paired with an energy storage system. The company offers both series and parallel hybrid powertrain solutions, including stripped hybrid chassis tailored for general delivery vans and cutaway hybrid chassis designed for shuttle buses and other vocational trucks. They also produce low-emission electric power freeze and lift systems for refrigeration, utility, and telecom truck applications. Azure Dynamics is responsible for integrating Force Drive electric powertrain auxiliaries and battery packs, and it markets battery electric Transit Connect vehicles. Furthermore, they supply comprehensive electric drive systems as well as individual electric drive components, encompassing AC motors, inverters, converters, controllers, battery chargers, and gearboxes. The company maintains operations in Canada, the United States, the United Kingdom, and other international territories. Founded in 1993 and headquartered in Oak Park, Michigan, Azure Dynamics Corp. is presently undergoing reorganization.