Azure Dynamics, Utilimaster Sign Supply Agreement For Hybrid Vehicle Integration - Quick Facts

(RTTNews) - Azure Dynamics Corp. (AZD.TO, ADC.L) announced that it has signed a supply contract with Utilimaster Corp., a leading builder of step vans, commercial truck bodies and utility vehicles, for the assembly, hybridization and manufacturing engineering of Azure's P1 hybrid electric commercial delivery vans and shuttle buses.

As per terms of the agreement, Azure provides Utilimaster with its P1 hybrid electric powertrains, which Utilimaster would integrate into Ford Motor co.'s E-Series commercial chassis at Utilimaster's manufacturing facilities in Wakarusa, Indiana.

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