Aug 3, 2007

Canadian firm to provide hybrid powertrains for Ford vans

Toronto, Ontario – Azure Dynamics Corporation, with offices in Toronto and Vancouver, has signed a memorandum of understanding with van and truck body builder Utilimaster Corporation to supply Azure’s P1 hybrid electric powertrains. Utilimaster will integrate the unit into Ford’s E-Series commercial chassis at its manufacturing facilities in Indiana.

“This business arrangement with Utilimaster represents a vital link in our supply chain for the production of our P1 hybrid electric commercial delivery vans,” says Scott Harrison, CEO of Azura Dynamics. “We expect this agreement will result in significant cost efficiencies as we increase production volumes of the Ford E-Series hybrid delivery vans.”

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