Azure Dynamics Loses Money In 1Q, Posts Record Hybrid Electric Powertrain Sales
OAK PARK ? Azure Dynamics, which makes hybrid electric truck powertrains, continues to lose money, but also is posting record orders in the first quarter ended March 31. The company?s first quarter revenue was just $1.4 million, down from $2.8 million a year earlier. And its loss jumped to $9.1 million or 1 cent a