TRANSIT CONNECT ELECTRIC

BATTERY ELECTRIC VEHICLE

E 450 BALANCE HYBRID ELECTRIC

Chris Abarca

Director of Sales

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Who is Azure Dynamics?

>Azure Dynamics is the industry leader in

hybrid electric and electric powertrain

solutions in the Class 3 & 4 vehicle segment.

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The Azure Brand

Azure Dynamics (AZD) is a leader in the development and

commercialization of technology for highly-efficient, cost-effective and

environmentally-friendly hybrid electric and electric powertrain solutions.

Headquartered in Detroit, Michigan with offices in:

Vancouver, Boston, and Toronto

• AZD’s history dates back 20 years •

•100+ engineers and technicians comprise one of the largest, most

experienced, hybrid-electric and electric powertrain groups in the world •

• 23 existing and pending patents and over 140 citations validate the IP •

• Over 25 million miles of “on the road” experience •

Organization

Scott Harrison

Chief Executive Officer

20 years automotive

GM, AlliedSignal, Hayes-Lemmerz

Ryan Carr

Chief Financial Officer

15 years automotive

Ernst & Young, AlliedSignal, Hayes-Lemmerz

Curt Huston

Chief Operating Officer

20 years automotive

GM, AlliedSignal, Hayes-Lemmerz

Ron Iacobelli

Chief Technology Officer

15 years automotive

9 years EV/ HEV

Ford, Ballard

TBD

VP Sales

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Chris Abarca , Director of Sales Daimler

Jeff Hyatt, Director of Sales ArvinMeritor

Mike Byers, Director Fleet Sales Ford

Rick Rhoades, Dir Purchasing AZ Automotive

Jerry Taravella, Finance Manager Hayes Lemmerz

Larry Rotter, Sr. Mech Engineer Chrysler

VW / Audi

New Board Members

Jim Padilla, Retired COO – Ford

Jim Gouin, CFO – Tower Automotive LLC

Retired Senior Finance Executive – Ford

Over 20 Automotive

‗Veterans‘ have been

added to AZD over the last

18 months

Transit Connect Electric

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> Ford Motor Company, collaborating with Azure Dynamics, introduced an

Electric Transit Connect commercial van to market in 2010.

> Azure will integrate its proprietary Force Drive™ battery electric drivetrain in

the Transit Connect Electric.

DUAL BADGE

Transit Connect Electric

> The collaboration with Azure Dynamics for the Transit Connect Electric will

build on the existing business relationship between Ford and Azure as well

as their shared experience with battery supplier, Johnson Controls-Saft.

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Transit Connect Electric

What is it?

Introducing the Transit Connect, Ford‘s first dedicated small commercial van.

> Versatile

> Spacious

> Hard-working

> Proven

> Electric

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Transit Connect ICE—History

> Over 600,000 sold since 2003

to customers in 58 countries on

3 continents.

> Introduced to North America in

2009 & its proven to be a big

success.

> Designed, engineered &

manufactured on a dedicated

global commercial vehicle

platform to meet tough

commercial vehicle durability

standards.

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Battery Electric—Why Buy?

> Unique combination of car-like driving

dynamics, cargo capacity, accessibility

& low purchase & operation costs.

> Commercial users often travel

predictable, short-range routes with

frequent stop-and-go driving in urban

and suburban environments, therefore

a BEV makes sense.

> For customers seeking sustainable

mobility solutions, the Transit Connect

Electric Vehicle with Azure Force

Drive™ will provide a zero emissions

option.

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Force Drive Electric System

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Transit Connect Electric—Hero

Card

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Transit Connect Electric—

Specifications

BATTERY ELECTRIC PROPULSION SYSTEM

UP-FITTED BY AZURE DYNAMICS

> 28 kWh, Lithium Ion Battery

(Supplied by Johnson Controls-Saft)

> Driving Range: up to 80 miles (UDDS cycle)

> Charge time: 6-8 hours with 240V/30A supply

> Max speed: 75mph

> Able to ascend up to a 20% grade

> Ambient Operational temp: -30° F to 120° F*

(Lower temperatures require pre-conditioning)

PAYLOAD OFFERINGS

> GVW—5,005 lbs

> Maximum Payload—1000 lbs (estimated)

> Maximum Interior Cargo Volume—135 cu. ft.

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SAFETY FEATURES> C/FMVSS Certified> Collapsible Steering Column> Tire Pressure Monitoring System> Driver and Front Passenger Air Bags and Front

Seat Side Impact Air Bags> Available Roll Stability Control™ (RSC®)

EXTERIOR ATTRIBUTES> 114.6 in. Wheelbase and High Roof> XLT Trim Package> 2nd Row Sliding Doors on Both Sides> Exterior Rear Panel Perfect for Advertising

*Some power reduction may occur above 110° F.

Specifications preliminary and subject to change at introduction.

Program Timing

> Introduced: Chicago Auto Show- February 10th

> Drivable Demo‘s Early Q3 - 2010

> First units to Lead Customers – Q4 – 2010

> Start of Full Production - Q2 – 2011

> ZEV states will be initial priority

> Pricing – April 2010

> Priority ―Slot‖ List Formed May 2010

> Will be Sold by Azure Dynamics

> with Ford Support Via Select Ford Dealers

ZEV States

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Balance™ Hybrid ElectricStripped & Cutaway Chassis

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AZD’s Value Proposition

Today‘s challenges commercial fleets are facing…Fuel costs are high and going higher

Greenhouse gas regulations are a big issue and getting bigger

Maintenance costs

AZD is Part of the Solution!

35% + Improvement in fuel economy

30% Fewer greenhouse gas emissions

30% Reduction in maintenance costs

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Ford E450 BalanceTM

>Parallel Hybrid Technology

>7 year – 200,000 mile Altoona tested

>Anti Idle compliant

>Only hybrid in its class with engine off

capability as standard

>Only Gasoline powered hybrid in its class

>E85 compatible

Ford E450 BalanceTM

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Base Spec:

>Ford E-450 Chassis

>14,050 lbs. GVWR

>158‖ and 176‖ Wheelbase

>5.4 Liter V8 Engine (Gasoline)

>5 Speed Automatic Transmission

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ENERGY SAVINGS

PIE

BalanceTM Hybrid System Layout

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AZD’s Growing Customer Base

>Market Entry – Commercial Truck>FedEx Express

>Purolator Courier

>AT&T

>Cintas

>Growing Shuttle Bus Customer List>Smithsonian Institute

>USAF (Air Force Academy)

>Rabbit Transit – York, PA

>State of KY (on state contract with 10 units in operation)

>Metro Mobility – Twin Cities (on state contract with 15 units in operation)

>Florida DOT

>Nashville MTA

>Blue Cross Blue Shield of TN

>VOTRAN – Daytona Beach, FL

>Napa Valley Unified School District

>Durham Transportation Services (part of National Express)

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> ELECTRIC DRIVE/LAUNCH ASSIST - high voltage DC power from the

battery is converted to AC power through the Drive Motor/Generator Inverter

to power the Drive Motor and launch the vehicle

TransmissionEngine

Battery Pack

DC DC

Converter

Drive Motor/

Gen Inverter

(~ DMOC 645)

Hybrid

Vehicle

Controller

(VCU)

FEAD

Starter/Gen

FEAD Starter/

Gen Inverter

(~ DMOC145)

Power Assist Sys.

Inv, Motor & Pump

(~ DMOC 145)

Motor/

Generator

BalanceTM Modes of Operation

Hybrid Ford E450

High voltage - DC

Regulated voltage - AC

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TransmissionEngine

Battery Pack

DC DC

Converter

Drive Motor/

Gen Inverter

(~ DMOC 645)

Hybrid

Vehicle

Controller

(VCU)

FEAD

Starter/Gen

FEAD Starter/

Gen Inverter

(~ DMOC145)

Power Assist Sys.

Inv, Motor & Pump

(~ DMOC 145)

Motor/

Generator

BalanceTM Modes of Operation

Hybrid Ford E450

ENGINE STARTS ON THE MOVE DURING ELECTRIC LAUNCH

Engine turns transmission

conventionally

Transmission turns

prop shaft

Prop shaft turns

axle/wheel under

combined power

FEAD inverter pulls power from the

battery and starts engine

While the motor turns

prop shaft

...until motor drops out

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TransmissionEngine

Battery Pack

DC DC

Converter

Drive Motor/

Gen Inverter

(~ DMOC 645)

Hybrid

Vehicle

Controller

(VCU)

FEAD

Starter/Gen

FEAD Starter/

Gen Inverter

(~ DMOC145)

Power Assist Sys.

Inv, Motor & Pump

(~ DMOC 145)

Motor/

Generator

BalanceTM Modes of Operation

Hybrid Ford E450

ENGINE POWER /TORQUE ON THE MOVE

Engine Turns Transmission

Conventionally

Transmission

turns prop shaft

Prop shaft turns

axle/wheel

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> RENGERATIVE BRAKING - AC voltage is produced by the drive

motor/generator and converted to DC voltage through the Drive

Motor/Generator Inverter and stored in the battery for the next launch

TransmissionEngine

Battery Pack

DC DC

Converter

Drive Motor/

Gen Inverter

(~ DMOC 645)

Hybrid

Vehicle

Controller

(VCU)

FEAD

Starter/Gen

FEAD Starter/

Gen Inverter

(~ DMOC145)

Power Assist Sys.

Inv, Motor & Pump

(~ DMOC 145)

Motor/

Generator

Hybrid System Fundamentals

Generated AC Voltage

Converted DC Voltage

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TransmissionEngine

Battery Pack

DC DC

Converter

Drive Motor/

Gen Inverter

(~ DMOC 645)

Hybrid

Vehicle

Controller

(VCU)

FEAD

Starter/Gen

FEAD Starter/

Gen Inverter

(~ DMOC145)

Power Assist Sys.

Inv, Motor & Pump

(~ DMOC 145)

Motor/

Generator

BalanceTM Modes of Operation

Hybrid Ford E450

ENGINE OFF – WHEN BUS IS STOPPED/LOW SPEED

When the battery is charged

the engine shuts downHV Battery powers 12V loads

via DC/DC inverter and

provides brake and power

steering assist via EPAS

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BalanceTM Hybrid Fuel

Economy and Emissions> Fuel economy and emissions testing obtained through use of Ford

dynamometer at Ford‘s engineering center

> Sample load cycle designed to simulate a NYC urban drive cycle

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> E85 Compliant for 2009/2010

> Anti-idle compliant

> Auxiliary systems supported with engine off -12V, AC, steering/brakes

> Modest EV functionality

> 25% less engine run time = 25% less maintenance (NYC cycle)

> Mpg improvement ~ 35%

> 75% brake wear reduction – Regenerative Braking

> 3x improvement is starter motor life (shut-off operations)

> 3x improvement in 12V battery life

Hybrid System Summary

Thank you!

Azure Dynamics

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Questions?

Chris Abarca

Director of Sales

T- (209)969-2609

cabarca@azuredynamics.com

azuredynamics.com