UQM Technologies Expands Its Production-Ready Commercial Vehicle Product Lineup with the Introductio
UQM Technologies Expands Its Production-Ready Commercial Vehicle Product Lineup with the Introduction of the High-Torque PowerPhase HD®950T System
Newly introduced UQM PowerPhase HD® 950T is rated at 950 Nm of peak torque and is ideal for heavier commercial trucks and buses needing higher levels of torque, as well as parallel hybrid applications
UQM continues to expand its lineup of production-ready electric propulsion systems
LONGMONT, Colo.--(BUSINESS WIRE)-- UQM Technologies, Inc. (NYSE MKT: UQM) is introducing a new system in its growing line of production-ready, automotive-validated electric propulsion systems for vehicles. The new UQM PowerPhase HD® 950T provides 950 Nm of torque and is designed for heavier commercial trucks and buses that require higher torque. This is an additional offering to the PowerPhase HD 220 that we announced last year, giving customers choices of various levels of torque and horsepower to meet their requirements.
"Adding the PowerPhase HD 950T to our existing product line further expands our range of systems for commercial vehicles, from small delivery vehicles through city buses," said Eric R. Ridenour, President and Chief Executive Officer of UQM Technologies, Inc. "We have grown commercial vehicle systems as a significant part of our business, in addition to passenger vehicles, to meet the needs of our increasingly diversified customer base."
The UQM PowerPhase HD 950T provides 950 Nm of peak torque, 144 kW of peak power and 100 kW of continuous power. This high torque level delivers better launch performance, grade climbing and acceleration for heavier vehicles. The power and speed range also make it possible to use this electric motor in conjunction with simplified transmissions.
In addition to full-electric vehicle applications, the PowerPhase HD® 950T is ideal for use in parallel hybrid applications. The higher torque and lower speed range optimizes the system for operation at engine speeds, a requirement in these types of powertrain systems.
UQM PowerPhase® electric propulsion systems power Proterra's all-electric composite transit buses, Electric Vehicles International's all-electric medium-duty trucks and walk-in vans and Boulder Electric Vehicle's commercial vehicles.
About UQM
UQM Technologies is a developer and manufacturer of power-dense, high-efficiency electric motors, generators and power electronic controllers for the automotive, commercial truck, bus, marine and military markets. A major emphasis for UQM is developing propulsion systems for electric, hybrid electric, plug-in hybrid electric and fuel cell electric vehicles. UQM is located in Longmont, Colorado. Please visit www.uqm.com for more information.
This Release contains statements that constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act. These statements appear in a number of places in this Release and include statements regarding our plans, beliefs or current expectations, including those plans, beliefs and expectations of our officers and directors with respect to, among other things, future orders to be received, future financial results and the continued growth of the electric-powered vehicle industry. Important Risk Factors that could cause actual results to differ from those contained in the forward-looking statements are contained in our Form 10-Q filed January 31, 2013, which is available through our website atwww.uqm.comor atwww.sec.gov.
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