Business Services Industry
UQM Technologies Introduces 125 kW Propulsion System
Business Wire, May 7, 2008
FREDERICK, Colo. -- UQM Technologies, Inc. (AMEX:UQM), a developer of alternative energy technologies, announced today that it has introduced and is taking orders for a new 125 kW (168 horsepower) peak power UQM[R] proprietary permanent magnet propulsion system. The new propulsion system is suitable for high performance automotive applications including all-electric, plug-in hybrid, and series hybrid vehicles.
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The propulsion system has a continuous power rating of 45 kW (60 horsepower), delivers peak torque of 300 N-m (221 ft-lbs) and continuous torque of 160 N-m (118 ft-lbs), and now has the highest peak power density of any of our propulsion systems. With a diameter of only 280 mm (11 inches) and a weight of 41 kg (90 lbs), this motor fits easily in subcompact passenger vehicles. The system also features optimized four-quadrant performance, dynamic torque, speed and voltage control, and system energy efficiency of over 90 percent across substantially its entire performance regime.
"This system allows us to pursue market opportunities for those vehicle
platforms that require high peak power but are too small to package our 150 kW system," said Jon Lutz, Vice President of Technology for UQM Technologies, Inc. "This system is ideally suited to high performance automobiles and capitalizes on the proprietary software and hardware technology that led to the release of our high performance 150 kW system last year. We are pleased to now offer a product family that includes 50 kW, 75 kW, 100 kW, 125 kW, and 150 kW propulsion systems."
UQM Technologies, Inc. is a developer and manufacturer of power dense, high efficiency electric motors, generators and power electronic controllers for the automotive, aerospace, medical, military and industrial markets. A major emphasis of the Company is developing products for the alternative energy technologies sector including propulsion systems for electric, hybrid electric, plug-in hybrid electric and fuel cell electric vehicles, under-the-hood power accessories and other vehicle auxiliaries and distributed power generation applications. The Company's headquarters, engineering and product development center, and motor manufacturing operation are located in Frederick, Colorado. For more information on the Company, please visit its worldwide website at www.uqm.com.
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 the development of markets for our products and the adequacy of our cash balances and liquidity to meet future operating needs. 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 30, 2008, which is available through our website at www.uqm.com or at www.sec.gov.
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