Let's review the last several months for UQM Technologies, maker of propulsion systems for the growing electric vehicle market.
- Phoenix Motorcars orders $9.25 million of UQM motors for Phoenix's new all electric SUT.
- Forms strategic alliance with advanced battery maker Altairnano, one of the fastest risers in this critical market space.
- Obtains over $1.7 million in two separate contracts from the US Air Force.
- Announces development of a new 150kw motor ready for use in high performance vehicles (are you reading this Tesla?) and heavy duty commercial/military vehicles.
As developers of next-gen EVs look for suppliers of motor systems, the safe bet is that UQM will be on their short list.
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