UQM Technologies (UQM) Announces Supply Agreement With Electric Vehicles International

UQM Technologies just announced that they have a one-year agreement with Electric Vehicles International LLC (EVI) to supply EVI with supply upgraded UQM(R) PowerPhase(R) 150kW electric propulsion systems. EVI plans to use the propulsion systems in their new all-electric medium-duty trucks and walk-in vans. The systems will be delivered between June and October of 2010.

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In a press release, William G. Rankin, UQM Technologies’ President and Chief Executive Officer, commented on the news:

“We are pleased that EVI has selected UQM(R) PowerPhase(R) electric propulsion systems to power their innovative commercial trucks. The exceptional torque delivery, efficiency and top speed performance of our propulsion system allow this vehicle to deliver the type of performance truck users expect.”

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