Azure Dynamics Corp. (AZD.TO; AZDDF.PK) Announces 18-unit Order for Hybrid Electric Buses
Azure Dynamics Corp., www.azuredynamics.com – a global leader among hybrid electric and electric components manufacturers, as well as commercial vehicle power train production, today announced the order of 18 of the Company’s Balance™ Hybrid Electric shuttle buses by the North Central Texas Council of Governments (NCTCOG). Targeted for deployment into the north-central (Dallas/Fort Worth) Texas rural transit system, the purchase of these units will be funded via a grant from the American Recovery and Reinvestment Act of 2009 Transit Capital Assistance program, and was the result of a successful bid by a partnership between the Company, StarTrans Bus, and Lasseter…