FedEx Express, Azure ink hybrid powertrain deal
TORONTO — FedEx Express and Toronto-based Azure Dynamics, a developer of hybrid-electric and electric powertrains for commercial trucks, have agreed to co-develop gasoline parallel hybrid-electric powertrains for the parcel deliverer’s fleet.
Azure will supply a hybrid-electric test vehicle to FedEx for the Ford E-450 hybrid commercial delivery van development program. FedEx has committed to buy a minimum of 20 pre-production parallel hybrid-electric Ford E-450 delivery vans to be delivered by May 2008.
“FedEx Express introduced hybrid-electric vehicles to the commercial vehicle market six years ago, and we look forward to further advancing this important, environmentally-conscious initiative with Ford and Azure Dynamics,” said John Formisano, vice-president of Global Vehicles, FedEx Express.
In 2004, FedEx Express introduced the FedEx OptiFleet E700, an environmentally-superior delivery truck, into its delivery fleet. FedEx currently has 93 hybrid-electric vehicles in service in North America that have traveled more than one million miles.
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