While some people are trying to build a better mousetrap, Azure Dynamics is trying to build a better hybrid truck.
The Oak Park-based firm that specializes in hybrid technology will supply the hybrid powertrains to Indiana-based Utilimaster. Those powertrains will be a major component in building the next generation of hybrid vans, commercial trucks and utility vehicles. Think delivery vans, shuttle buses and the Ford’s E-Series vans.
Azure strategically targeted commercial vans, delivery trucks and shuttle buses to create its own niche in the competitive hybrid market. It is also planning to expand internationally.
The company has rights to more than 20 patents and employs more than 100 people in four locations across North America. It received the Deloitte Technology Green 15 Award last year and the Sustainable Energy Pioneer Award in 2006.
Source: Azure Dynamics
Writer: Jon Zemke