Azure Dynamics seeks future beyond bankruptcy (video)

Image: 12TransConElec_07_HR.jpg

The Ford Transit Connect Electric is equipped with Azure Dynamics' patented Force Drive battery-electric drivertrain technology.

Azure Dynamics, a developer and integrator of hybrid-electric and electric components and powertrain systems for commercial vehicles, has filed for bankruptcy. It plans to stay in business and reorganize. "We're really optimistic that we'll come out of this," said company spokesman Mike Elwood. All work at its global branches, including Oak Park, MI, has been "migrated" back to the company's home base in Burnaby, British Columbia, he said. Azure supplies the electric drive system for several commercial vehicles, including the Ford Transit Connect Electric. Elwood told AEI on March 29 that the company is in talks with its customers and hopes to have things "sorted out in a few days" in terms of whether it can restart production for the Transit Connect Electric and other products. (Video shows how  Azure's electric drivetrain and related components are fitted to the vehicle)

Share
HTML for Linking to Page
Page URL
Grade
Rate It
5.00 Avg. Rating

Read More Articles On

2013-06-19
Even though its score in the J.D. Power 2013 U.S. Initial Quality Study (IQS) was worse than in 2012, Porsche finished first among auto brands in this year’s ranking with 80 problems reported by new-vehicle owners per 100 vehicles. 
2013-06-21
Dr. Blake Zuidema, Director of Automotive Product Applications, ArcelorMittal Global R&D, discusses with AEI the results of a comprehensive study evaluating various lightweighting materials’ abilities to help OEM fleets meet the 2025 fuel-economy target.
2013-07-31
Complementing the 6.7-L Cummins, 2014 Ram HD models receive Chrysler's "big" Hemi V8, and the 2500 series adds a more compliant five-link rear suspension.
2013-07-25
The fourth-generation SUV from Land Rover tops all other vehicles in J.D. Power’s 2013 APEAL study.

Related Items

Training / Education
2005-07-01
Training / Education
2014-06-02
Book
2009-12-01