Press Release 07-10
   
UQM Technologies, Inc.
 7501 Miller Drive
Frederick, CO 80530
Contact:
John Baldiserra
BPC Financial Marketing
(800) 368-1217
    or
Donald A. French, Treasurer
(303) 278-2002
  
UQM Technologies Propulsion System Powers Electric SUV at Zero Emission Vehicle Symposium
 
 

FREDERICK, COLORADO, September 26, 2006… UQM TECHNOLOGIES, INC. (AMEX: UQM), a developer of alternative energy technologies, announced today that its propulsion system is powering an electric SUV at the California Air Resources Board Zero Emission Vehicle (ZEV) Technology Symposium, being held September 25-27, 2006 in Sacramento, California. The full-size electric SUV is being road demonstrated by Altair Nanotechnologies Inc. (NASDAQ: ALTI), along with their partners Boshart Engineering and Phoenix Motorcars.

This vehicle incorporates a 100 kW UQM® electric drive system which includes UQM's latest proprietary software algorithms that result in high torque (over 400 ft-lbs), wide constant power speed range (up to 5000 RPM top speed), and an optimized system efficiency of over 94%.

Attendees of the Symposium are invited to ride in this innovative, full-size SUV.  The demonstration electric SUV is an early model of the commercially available vehicle, targeted for volume delivery in Spring 2007. This vehicle is planned to be capable of road speeds up to 95 mph, a driving range that is configurable up to 200 miles, a battery recharge time potential of less than 10 minutes, and an acceleration of 0 to 60 mph in less than 10 seconds.
UQM’s Director of Engineering, Jon Lutz, is representing the Company at the symposium that is bringing together industry and government stakeholders to discuss electric and plug-in hybrid vehicles.  The Symposium is being be held at the Cal/EPA Headquarters Building, Byron Sher Auditorium, 1001 I Street, Sacramento, CA.

For more information on the event, please visit: http://www.arb.ca.gov/msprog/zevprog/symposium/sympdetail.htm.
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 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 July 27, 2006 which is available through our website at www.uqm.com or at www.sec.gov.
 

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Last Update: 09/26/06