UQM Technologies has just released a new 145 KW motor/generator propulsion system. The system is meant to be used in hybrid/electric vehicles, and offers the following advantages (per a UQM press release):
The new 145 kW system extends the peak power available in the company’s smaller 280 mm diameter frame size from 125 kW to 145 kW, has a continuous power rating of 85 kW, delivers peak torque of 400 N-m and weighs only … Read the rest
They put two hybrid electric future heavy trucks through Military Utility Assessment at Fort Lewis, Washington. The two trucks, which are equipped with UQM 120 kW) hybrid electric propulsion systems, have already passed a test run at the U.S. Army’s Aberdeen and Michigan Proving Grounds.
William G. Rankin, President and Chief Executive Officer of UQM Technologies, Inc, commented on the tests:
“We are pleased to be a member of the Armor Holdings team and have … Read the rest
The EcoRide BE35 battery electric transit bus, developed by Proterra LLC is making its debut in a showcase tour across four California cities (San Jose, LA, The Sac and San Fran) that began on Feb 6th. The bus is powered by a PowerPhase 150 propulsion system from UQM Technologies (UQM) that provides regenerative braking allowing the bus to recapture over 90% of the vehicles kinetic energy available during braking.
“The fact is, emissions free transit … Read the rest
UQM Technologies (UQM), the maker of electric propulsion systems for electric and hybrid vehicles is still in startup phase and has never posted a profit .. that continued last quarter with an EPS loss of .03/share on revenues that expanded by 67% over the year ago quarter to $2.9 million.
Highlights from the quarter from the CEO:
– delivered products over the past year to 2 international automobile manufacturers, one of which has publicly announced … Read the rest
Floyd Associates, a privately held consulting firm is out with a research report on the future of electric cars (disclaimer: FA is involved with business development of Phoenix Motorcars) which isn’t all that detailed but provides a good primer on the technologies involved and some of the smaller players hoping to emerge as future leaders of the electric car industry (or sell their technologies to existing major auto companies). Below is an outline of the … Read the rest
UQM Technologies (UQM), the developer of parts for electric cars announced results after the bell today posting a loss of .06/share, widening the loss from the year ago quarter by .02. Revenues increased to 2.78 million in the quarter from revenue of 2 million in the year ago quarter, but the company was hurt this quarter on rising expenses.
Said the CFO, “Production engineering expense for the quarter rose 20 percent to $485,369, reflecting a … Read the rest
UQM Technologies (UQM) is soaring over 50% today on no news, but StreetInsider.com is reporting that it might have something to do with speculation that Chrysler will be using a UQM product in one of its upcoming electric cars, scheduled to start shipping in two years. It’s a bit strange though because the Wall St journal reported yesterday that Chrysler is in advanced talks with A123 Systems, which is planning to IPO soon.
Chrysler showed … Read the rest
UQM Technologies (UQM) reported 1Q results last week and surged more than 10% on Friday right up to resistance of the 200 day moving average. The company reported an EPS loss of .04/share as compared with a loss of .05/share in the year ago quarter on revenues that were up 23% over the year ago quarter.
Revenue growth was driven by double digit growth in both contract services and product sales. Said Donald A. French, … Read the rest
UQM Technologies announced today that it received 2.62 million in orders (double the amount over the same period last year) for its propulsion motors, generators and power electronic controllers to drive both electric and hybrid electric vehicles.
“We continue to see growing interest in our technology and products in a variety of applications and markets driven by high fuel prices and the resulting demand by consumers for fuel-efficient vehicles,” said William G. Rankin, UQM Technologies’ … Read the rest