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UQM Technologies, Inc. (UQM) Announces PowerPhase HD 220 Electric Propulsion System

|Includes: UQM Technologies, Inc (UQM)

UQM Technologies yesterday unveiled the company's new PowerPhase HD 220 electric propulsion system, which UQM is calling its most powerful electric propulsion system ever. The product will make its official debut at the Electric Vehicle Symposium in Los Angeles, May 6-9.

Located in Longmont, CO, UQM is focused on designing and manufacturing electric motors and generators for use in several markets, including automotive and military markets. The company is also concentrating on developing products intended for use in alternative-energy technologies, which includes propulsion systems for electric, hybrid electric, plug-in hybrid electric, and fuel cell electric vehicles.

The new propulsion system offers heavy-duty vehicle classes, such as trucks and buses, a new alternative-energy solution. The PowerPhase has a maximum output of 220kW, and 120kW on a continuous basis; the system is currently production-ready to be manufactured in Colorado. UQM's PowerPhase systems are already in use in the fleets of several companies, including Proterra, Electric Vehicles International, and UPS.

Eric Ridenour, UQM Technologies president and CEO, said, "The PowerPhase HD 220 is an important addition to our product line and represents a significant opportunity to grow our customer base and drive revenue and market share growth. The combination of significant power and high efficiency delivered by the HD 220 is ideal for the commercial heavy-duty trucks and bus markets."

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