Public | |
Traded as | OTC Pink: |
Industry | Hybrid electric vehicle, electric vehicle, electric truck |
Predecessor | Solectria |
Headquarters | Oak Park, Michigan, United States |
Area served
|
Worldwide |
Key people
|
Scott T. Harrison, D. Campbell Deacon |
Products | Balance Hybrid Transit Connect Electric LEEP,Freeze,Lift Force Drive Electric |
Total assets | C$ 58.4 million (2009) |
Website | http://azuredynamics.gssiwebs.com/ |
Azure Dynamics Corporation is incorporated under the laws of Alberta, Canada having been spun out of BC Research Inc. Azure now is headquartered in Oak Park, Michigan, a suburb of Detroit. The company's principal business is in the development and integration of its proprietary electric and hybrid electric drive technology, primarily for the light and heavy duty commercial vehicle categories.
Due to financial difficulties, Azure filed for bankruptcy protection in the Supreme Court of British Columbia in March 2012, and production of the Transit Connect Electric van and Balance hybrid was stopped.
The Transit Connect Electric is an all-electric van developed as a collaboration between Azure Dynamics and Ford Motor Company, but Azure is the official manufacturer of record. Production began in December 2010, and will reach full capacity in April 2011 to produce between 600 and 700 units a year.
The Transit Connect Electric is produced using a vehicle glider at a Ford Motor Company facility in Kocaeli, Turkey and then shipped to Azure Dynamics U.S. upfitter, AM General in Livonia, Michigan, where the Force Drive electric drive train and other components are added to the vehicle. Azure Dynamics has partnered with Johnson Controls-Saft to produce the lithium-ion battery pack used in the Transit Connect Electric. The vehicle is badged with both the Ford Blue Oval and Azure's Force Drive logos, with Azure Dynamics being the manufacturer of record.
According to Ford and Azure, the Transit Connect Electric has an all-electric range of up to 80 mi (130 km), but the official US Environmental Protection Agency range is 56 mi (90 km). The electric van has a speed up to 75 mph (121 km/h).