ABOUT AZURE DYNAMICS
Azure Dynamics Corporation (TSX: AZD)(OTC: AZDDF) is a world leader in the development and production of hybrid electric and electric components and powertrain systems for light and medium duty commercial vehicles. The Company is committed to providing customers and partners with innovative, cost-efficient, and environmentally-friendly energy management solutions. For more information please visit www.azuredynamics.com
ABOUT TRANSIT CONNECT ELECTRIC
The Transit Connect Electric offers customers the opportunity to eliminate petroleum fuel bills, take advantage of car-pool lanes and to lower overall maintenance and operating costs. The vehicle is an ideal choice for battery electric power thanks to its unique combination of car-like driving dynamics, generous cargo capacity, easy accessibility and low operating costs. Transit Connect Electric can be recharged in approximately eight hours using standard European 220-volt outlets.
To create the Transit Connect Electric, Azure integrates its proven Force Drive™ electric powertrain into the award-winning Ford Transit Connect. Utilizing an advanced lithium-ion battery from Johnson Controls, Transit Connect Electric can achieve a range of 80KM/50 miles to 130KM/80 miles on a single charge and has a load capacity of 530 kgs. With 28 kWh of power to call on, Transit Connect Electric has a top speed of 120 km/h (75 mph). The product has been brought to market at a time when increasing numbers of fleet operators are demanding the benefits of efficient, clean alternative powered vehicles.
The conventional Transit Connect was first introduced in Europe in 2002 and has conclusively proven itself to be a versatile vehicle for real world commercial customers. The Transit Connect Electric went into production in Europe in June, 2011 following its successful production launch in North America in April, 2011. Since the Transit Connect Electric was introduced in North America in December 2010, global Transit Connect Electric sales have exceeded $29 million.
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