Azure Dynamics receives order for two Balance hybrid electric Ford E-450 vans

Sep 19, 2008 (Datamonitor via COMTEX) -- AZDDF | Quote | Chart | News | PowerRating -- Azure Dynamics, a developer of hybrid electric and electric powertrains for commercial vehicles, has received an order from one of the baking companies in US for two Balance hybrid electric Ford E-450 walk-in vans.

According to Azure Dynamics, with soaring fuel costs, many companies are taking innovative approaches to lower the operating costs of their route delivery trucks by using its Balance hybrid electric technology. The new orders represent the 145th and 146th Balance hybrid electric sales since their launch in May 2008.

Scott Harrison, CEO of Azure Dynamics, said: "This is the first purchase of hybrid electric route delivery trucks by the baking industry in North America. This order, along with the previous 144 Balance hybrid electric orders, again demonstrates the depth and functionality of Azure's parallel hybrid system, and also validates the broad application of our technology across various industries."

http://www.datamonitor.com

Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon

More News:   Market Updates | Stock Alerts | All Trading News | Stock Index