Located in Oak Park, Michigan, Azure has evolved into a global leader in the development of hybrid electric and electric components and powertrain systems for commercial vehicles. Today the company announced they have received an order for 50 Balance Hybrid Electric units from a world leading logistics organization.
hile the logistics company cannot be named at this time, the same customer previously submitted Azure’s single largest Transit Connect Electric order of 30 units. This order helped place Azure Dynamics in prime position for their future.
Leading the team at Azure Dynamics is Scott Harrison who serves as the company’s CEO. When asked about the future of Azure, Harrison was quoted as saying, “We’ve long believed that commercial fleet organizations have room for several different alternative energy technologies. Our product portfolio reflects this belief by offering the market-leading Balance Hybrid Electric solution and the innovative Transit Connect Electric EV van. Azure’s latest order demonstrates that the same customer is often interested in multiple technologies and vehicle platforms to best serve diverse fleet needs. We intent to meet that need with industry best solutions.”
Currently, Azure Dynamics is trading in the $0.40 range. To learn more about this company, visit the company website at: www.azuredynamics.com.
Let us hear your thoughts below: