Originally Posted by Dow_Jones

LONDON -(Dow Jones)- Azure Dynamics Corporation Friday said it has signed an agreement with Ford Motor Company to enable Azure to develop a hybrid electric powertrain for Ford's E-series commercial platform.
Azure is responsible for the development of the parallel hybrid electric gasoline system that will be applied to Ford's E-series commercial vehicles. Azure will be the Vehicle Modifier and will complete the hybrid modification on the E-350 and E-450 commercial chassis. Ford will provide Azure with assistance to facilitate the development of the hybrid electric powertrain.
The agreement includes an intention for Azure to enter into a Ford Ship-Thru agreement which would allow the modified vehicles to be offered through the Ford distribution network. Ford has stated its desire to become a world leader in hybrid vehicle technology.