TRANSIT CONNECT ELECTRIC BATTERY ELECTRIC VEHICLE E 450 BALANCE HYBRID ELECTRIC

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TRANSIT CONNECT ELECTRIC BATTERY ELECTRIC VEHICLE E 450 BALANCE HYBRID ELECTRIC Chris Abarca Director of Sales

2 Who is Azure Dynamics? > Azure Dynamics is the industry leader in hybrid electric and electric powertrain solutions in the Class 3 & 4 vehicle segment.

3 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

6 Transit Connect Electric > Ford Motor Company, collaborating with Azure Dynamics, introduced an Electric Transit Connect commercial van to market in 2010. DUAL BADGE > Azure will integrate its proprietary Force Drive battery electric drivetrain in the Transit Connect Electric.

Force Drive Electric System 7

8 Transit Connect Electric Hero Card

9 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: 60 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. 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 10 th > Drivable Demo s Early Q4-2010 > 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

Balance Hybrid Electric Stripped & Cutaway Chassis 11

12 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

13 Ford E450 Balance TM >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

14 Ford E450 Balance TM Base Spec: > Ford E-450 Chassis >14,050 lbs. GVWR >158 and 176 Wheelbase >5.4 Liter V8 Engine (Gasoline) >5 Speed Automatic Transmission

15 Balance TM Hybrid System Layout ENERGY SAVINGS PIE

16 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)

17 Balance TM 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

18 Hybrid System Summary > 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

19 Thank you! Questions? Chris Abarca Director of Sales T- (209)969-2609 cabarca@azuredynamics.com azuredynamics.com Azure Dynamics