UQM Technologies Receives Order for 50+ Electric Drive Systems from International Automobile Company
12 July 2010
UQM Technologies, Inc. has received an initial order for more than fifty PowerPhase electric propulsion systems as part of the fleet build and vehicle development activities of an established international automobile manufacturer.
Deliveries under the order are scheduled to occur in the fourth calendar quarter of 2010 and the first calendar quarter of 2011.
We have been in discussion with and under evaluation by this new customer for over six months and have satisfied their demanding requirements for system performance, safety, quality, availability and price. Introduction of this vehicle is targeted for 2012 and we have quoted delivery and price for over 25,000 systems.
—William Rankin, President and CEO of UQM Technologies
Rankin said that this automobile company represents the ninth with vehicles under evaluation powered by UQM electric propulsion and/or generator systems.
With the Volt, Leaf, UQM etc - fourth quarter 2010 is is beginning to look like an EV spring thaw.
Posted by: kelly | 12 July 2010 at 07:53 AM
"fleet build and vehicle development"
UQM are high priced motors, they are in the $30,000 range, not the $3000 range that car makers need. They would go in military, trash and delivery vehicles that can stand the price and need the power.
Posted by: SJC | 12 July 2010 at 10:45 AM