Search   Advanced Search
LATEST NEWS
 
 
News
 Latest Headlines
 Quick Facts
 Breaking News
 Top Stories
 Feature Articles
 Politics
 US Policy
 General
 Commodities
 Canadian
 UK
 Indian
 Wallstreet Events
 Slide Shows
 US Economic News
 European Economic News
 Asian Economic News
 All Economic News
 FX Top Stories
 Currency Alerts
 Mkt Sensitive News
 Politics
 European Mkt Updates
 Asian Mkt Updates
 Treasury Mkt Updates
 Pop
 Rock
 Classic Rock
 Rap/Hip-Hop
 Country
 Alternative
 Oldies
 Movie Reviews
 DVD Releases
 Box Office
 Slide Shows
 Business News
Commentary/Analysis
 Daily Market Analysis
 US Market Updates
 US Commentary
 Asian Commentary
 European Commentary
 Canadian Commentary
 Indian Commentary
 Sector/Market Trends
Stock Alerts
 Stocks To Watch
 Long Term Stocks
 Before the Bell
 $5 and Under
 After the Bell
 Intraday Updates
 IPOs
 Hot Stocks
Earnings Calendars
 Upcoming Earnings
 Latest Earnings
 Pos Pre Announcements
 Neg Pre Announcements
Corporate Calendars
 Stock Splits
 Stock Buybacks
 Dividends
 Conference Calls
 FDA Calendar
 Board Meetings
 Mergers & Acquisitions
Ratings Changes
 Upgrades
 Downgrades
 Coverage Initiations
 Coverage Reiterated
 All Videos
 Market Commentary
 Top Stories
 Economic News
 Political News
 Foreign Markets
 Corporate News
 Entertainment News
 Top Stories
 Earnings
 Mergers & Acquisitions
 Market Commentary
 Economic News
 IPOs and New Issues
 Corporate News
 Forex News
 Interviews
 Private Equity
Economic Calendar
RTT DeskAlert
CES 2010 Coverage 

Follow Us
RTTNews on Twitter RTTNews on Facebook RTTNews on MySpace RTTNews on YouTube


Font Down Font Up
Ford, Azure Dynamics Team Up For Battery Electric Commercial Van - Update
10/30/2009 1:23 PM ET

RELATED NEWS
Many Automakers See Double-Digit Sales Growth; Toyota Down
Ford January U.S. Sales Rise 25%
Ford Motor Jan. Sales Up 24.6% - Quick Facts
Ford Motor Jan. U.S. Sales Conference At 1:00 PM, ET
Ford Motor Jan. U.S. Sales Conference At 1:00 PM, ET

Trade F now with
(RTTNews) - Friday, Ford Motor Co (F: News ) revealed a collaborative effort with Azure Dynamics Corp. (AZD.TO) to deliver a pure battery electric Ford Transit Connect van for the United States and Canadian markets in 2010. Azure, a producer of electric components and powertrain systems, will integrate its Force Drive battery electric drive train in the Transit Connect van for commercial fleet and retail use.

Dearborn, Michigan based Ford said the collaboration with Azure Dynamics for the Transit Connect BEV will build on the existing business relationship between two, as well as their shared experience with supplier of lithium-ion battery cells and battery packs , Johnson Controls-Saft. Azure Dynamics will integrate its proprietary Force Drive battery electric drive train in the Transit Connect BEV

The Transit Connect BEV is the first production vehicle from Ford's accelerated electric vehicle strategy, which includes Ford Focus BEV passenger car in 2011, and a next-generation hybrid and plug-in hybrid in 2012.

The Transit Connect BEV will be built on Ford's global commercial vehicle platform and it is the first of four electrified vehicles from Ford that will become available over the next three years in the U.S. and Canada.

Nancy Gioia, Ford director of Global Electrification said, "Our work with Azure to create a pure electric battery Transit Connect vehicle will allow us to offer our commercial customers an additional option for environmentally friendly transportation."
Azure Dynamics develops hybrid electric and electric drive technology for shuttle buses and commercial trucks, such as the Balance Hybrid Electric, which is built on the Ford E-450 cutaway and strip chassis for the commercial vehicle segment.

Oak Park, Michigan based Azure Dynamics feels the Transit Connect BEV will hit the market at an ideal time to meet the growing trend as it would integrate its proprietary Force Drive battery electric drive train into the Transit Connect BEV, which will have a targeted range of 80 miles on a full charge and zero tailpipe emissions. The Transit Connect BEV will offer fleet owners the opportunity to eliminate the use of gasoline and lower operating costs. The vehicle will be badged with both the Ford Blue Oval and Azure's Force Drive logo.

Ford is currently being traded at $7.09 down $0.21 or 2.88% on a volume of 23.180 million shares on the NYSE.

To receive FREE breaking news email alerts for Ford Motor Co and others in your portfolio


by RTT Staff Writer

For comments and feedback: contact editorial@rttnews.com


Share Article:   Del.icio.us    Digg    Y! My Web    Facebook    My Space

Email        Print           Follow Us RTTNews on Facebook RTTNews on MySpace RTTNews on YouTube

     
Top Stories
Obama Meets With House And Senate Leaders In Effort To Boost Bipartisanship

Opel/Vauxhall Unveils €11 Bln Investment Plan; To Cut 8,300 Jobs

S&P Trims Outlook On BofA, Citigroup; Affirms Ratings - Update

House GOP Leaders Demand White House Scrap Health Reform Legislation Prior To Summit

Molson Coors Posts Higher Profit

Earnings
BCB Bancorp FY09 Profit Rises - Quick Facts

ATA Automation Q3 Profit Declines - Update

Synex International Q2 Net Income Declines - Quick Facts

Triple-S Management Q4 Profit Up, Tops View - Update

Stepan Q4 Profit Surges - Update

US Market Commentary
Stocks Hovering Near Highs In Mid-Afternoon Trading - U.S. Commentary

TSX Jumps On Greece Rescue Rumors

Stocks Building On Strong Gains In Early Afternoon Trading - U.S. Commentary

Stocks Give Back Ground But Remain Mostly Higher - U.S. Commentary

Stocks Posting Strong Gains In Mid-Morning Trading - U.S. Commentary

US Economic News
Bernanke Hearing Postponed Due To Weather

Wholesale Inventories Show Unexpected Decrease In December

Wholesale Inventories Fell 0.8% In December

Small Business Optimism Shows Slight Improvement In January

Cloudy Jobs Picture Accentuating Consumer Worries

Political News
New Cook Political Report Calls Murtha's Former District A "Tossup"

Obama Meets With House And Senate Leaders In Effort To Boost Bipartisanship

House GOP Leaders Demand White House Scrap Health Reform Legislation Prior To Summit

Sri Lankan President Dissolves Parliament Ahead Of Schedule

Bernanke Hearing Postponed Due To Weather




 
Obama Meets With Congressional Leaders
02/09/10 01:03
Stocks Bounce Back Early Tuesday
02/09/10 10:18
Rep. Murtha Dies; Nuclear Tensions With Iran
02/08/10 05:00
 

Today's Stocks to Watch
PSOF - Pansoft Company Limited
RBCN - RUBICON TECHNOLOGY,
NTUR.OB - Natural Blue Resources, Inc.
SNSS - Sunesis Pharmaceuticals Inc.
SITO.OB - Single Touch Systems Inc.
MKTX - MARKETAXESS HOLDINGS INC


Hopes of Diffusion of European Debt Crisis May Lead to Some Bargain Hunting
The major U.S. index futures are pointing to a higher opening on Tuesday, with European debt concerns receding following indications from European Commission officials that they may step in to save Greece from getting mired in the debt crisis. Commodity prices are extending their gains and this coupled with the oversold levels of the markets may support a bounce back. Given the fact that the wholesale inventories report to be released after the markets close is not market moving, the markets may derive support from hopes that the economic revival may not lose steam despite the surrounding uncertainty.
The Week In Washington  Lawmakers spent a busy week in Washington discussing the recently unveiled Fiscal Year 2011 budget, and the Democrats new jobs agenda

 

Copyright © 2010 RTTNews. All rights reserved. By using this site, you agree to the Terms of Service.

Feedback| Terms of Service| How To Use RTTNews.com| Advertise| Privacy| Buy Content | RSS