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Demise of Azure Dynamics Casts Doubt on All Electric Retrofitters

Azure Dynamics, the maker of the Ford Transit Connect Electric, is going through its final death throes. While the fate of the Transit Connect EV is uncertain, the failure of yet another commercial vehicle retrofitter raises questions about the viability of the business model in general. There is a place in the EV world for retrofitters, but not for very many. For those companies, conversions specifically to electric drivetrains probably won’t be their main business. Other alternative fuels are looking more attractive these days.

Azure filed for bankruptcy in late March and appears to have been unsuccessful at any attempts to recapitalize. On August 8, Azure sold its patents; on August 17 it suspended warranty claims. A few days ago, I heard from someone in the EV industry that all of Azure’s employees would be laid off soon. That source aimed to hire some of Azure’s engineers. I haven’t been able to reach Azure to confirm.

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