Azure Dynamics Corporation (TSX: AZD)(OTC: AZDDF), a world leader in the development and production of hybrid electric and electric components and powertrain systems for commercial vehicles, announced in early August an agreement with Ford Motor Company (NYSE: F) whereby Azure will integrate its proprietary plug-in hybrid (“PHEV”) technology into the market leading Ford F-Series Super Duty product line.
Wow! Hybrids, plug-ins, and EVs are no longer just experiments. This is a milestone because you can guess who consistently uses vehicles and would benefit the most from new technology – that would be America’s business owner!
In collaboration with Ford, Azure’s plug-in hybrid technology will be initially integrated on Ford’s market leading F-Series Super Duty cab and chassis, the F-550, which is expected to be available in early 2013. The agreement also allows Azure to perform hybrid powertrain conversions on other Super Duty platforms including F-350 and F-450 models and spans all engine, frame length and regular production options and configurations. The Super Duty program will allow Azure to further expand its product line-up in its targeted medium duty commercial truck segment. The Azure/Ford agreement includes a ‘ship-thru’ provision that permits Azure to place vehicles in the Ford transportation system and allows qualified Ford Commercial Truck dealerships to sell and service the product in key markets in North America. Continue reading