Azure signs utility as parallel hybrid client

Azure Dynamics Corp., a developer of hybrid electric and electric powertrains for commercial vehicles, has signed a commercial development and cooperation agreement with Florida Power and Light, a wholly owned subsidiary of FPL Group. Azure will deliver a gasoline parallel hybrid electric Ford E-450 based vehicle for industry viability validation, testing, and demonstration within the FPL fleet.

The parallel hybrid electric demonstration vehicle will be used to verify the fuel economy improvements, emissions reductions, and maintenance cost savings that can be achieved using Azure's patented technology.

Successful completion of the program will result in the company becoming a lead customer for Azure's hybrid technology on the Ford E-450 chassis. FPL currently runs a fleet of approximately 3,400 vehicles.

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