Azure Dynamics secures MDOT contract for Balance hybrid electric technology

Mon. September 28, 2009; Posted: 05:04 AM

Sep 28, 2009 (Datamonitor via COMTEX) -- AZDDF | Quote | Chart | News | PowerRating -- Azure Dynamics, a producer of hybrid electric and electric components and powertrain systems for commercial vehicles, has announced that its Balance hybrid electric technology has been approved by the Michigan Department of Transportation for use by state transportation agencies on up to 50 buses.

The Michigan Department of Transportation (MDOT) contract creates a fixed price for up to 50 buses and will remain in effect for up to three years with a total maximum value of $5.6 million.

Midwest Bus Sales is the dealership of record on the agreement and StarTrans Bus is the lead body manufacturer. MDOT will select a transit agency within the state to receive a first run pilot unit by year end.

Jay Sandler, Azure Dynamics's vice president of sales, said: "One of our core strategies at Azure is to partner with dealerships and body manufacturers so we can aggressively respond to state and county issued request for proposals.

"Recent sales to transit authorities in Kentucky and Minnesota were the result of state contract awards demonstrating the value of these relationships and we look forward to additional orders from Michigan agencies."

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