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Proterra EcoRide™ BE35 is the first heavy-duty electric bus to pass
FTA Altoona bus testing
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Well-known Altoona testing encompasses safety, structural integrity
and durability, reliability, performance, maintainability, noise and
fuel economy
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Proterra buses are powered by UQM PowerPhase HD® electric
drive systems
LONGMONT, Colo.--(BUSINESS WIRE)--UQM Technologies, Inc. (NYSE MKT: UQM) congratulates Proterra on
having the first heavy-duty electric transit bus to successfully
complete the rigorous Federal Transit Administration (FTA) New Model Bus
Testing Program with its EcoRide™ BE35 transit bus. This series of
battery-electric vehicles is powered by UQM PowerPhase HD®
electric drive systems.
“Proterra’s success in these tests further validates the reliability and
performance of our vehicle electrification systems, while also
highlighting the advantages of all-electric and hybrid-electric mass
transit vehicles,” said Eric R. Ridenour, UQM Technologies’ President
and Chief Operating Officer.
The Proterra EcoRide BE35 transit bus completed the FTA New Model Bus
Testing Program, often referred to as “Altoona testing” due to the
location of the primary test facility in Altoona, Pennsylvania. The
program includes a series of tests to simulate a 12-year/500,000 mile
service life that encompasses safety, structural integrity and
durability, reliability, performance, maintainability, noise and fuel
economy.
“We’re proud to have passed this milestone test with the Proterra
EcoRide BE35, and continue to move toward expanding the deployment of
Proterra transit buses,” said David Bennett, Proterra’s Chief Executive
Officer. “The UQM PowerPhase electric drive system helped us achieve
both the highest fuel economy and lowest noise of any full-size
passenger bus ever tested.”
Portions of the FTA test that were impacted by the performance of the
UQM electric drive system includes:
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Maintainability – Servicing, Preventive Maintenance, and Repair and
Maintenance During Testing
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Reliability – Documentation of Breakdown and Repair Times During
Testing
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Performance – Acceleration, Gradeability, Top Speed, and Braking
Performance
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Fuel Economy Test – A Fuel Consumption Test Using an Appropriate
Driving Cycle
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Noise – Interior and Exterior Noise Tests
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Emissions
For more information about the FTA New Model Bus Testing Program, please
visit http://www.fta.dot.gov/12351_4584.html.
About Proterra
With manufacturing in Greenville, S.C., Proterra is a leading designer
and manufacturer of heavy-duty electric drive systems, energy storage
systems, vehicle control systems, transit buses and fast-charging
stations. Proterra’s systems are scalable to commercial buses of all
sizes. Its ground-up designs have led to the EcoRide, the world’s first
full-size, 10-minute charge transit bus. While a young company, Proterra
combines the best of start-up mentality and aggressiveness, combined
with a highly talented and tenured team and the stability of a solid
core of financial support from influential investors, such as Kleiner
Perkins Caufield & Byers, a leading Silicon Valley-based venture capital
private equity firm; General Motors Ventures; Mitsui & Co. Global
Investment, Inc., one of the largest investment firms in Japan; Vision
Ridge Partners LLC, a Boston-based business that invests in
transformative growth companies focused on sustainability; and 88 Green
Ventures, an investment and asset management firm that assists emerging
green companies. For more information on Proterra and its technology,
please visit: www.proterra.com.
About UQM
UQM Technologies is a developer and manufacturer of power-dense,
high-efficiency electric motors, generators and power electronic
controllers for the automotive, commercial truck, bus and military
markets. A major emphasis for UQM is developing propulsion systems for
electric, hybrid electric, plug-in hybrid electric and fuel cell
electric vehicles. UQM is located in Longmont, Colorado. Please visit www.uqm.com
for more information.
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, future orders to be received, future financial results and
the continued growth of the electric-powered vehicle industry. 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 31, 2012, which is available through our website at www.uqm.com
or at www.sec.gov.
Contacts
Investor Relations
StreetSmart Investor Relations
Annie
Leschin/Barry Hutton
415-775-1788
or
Media
Relations
UQM Technologies, Inc.
Alise Grysen,
303-682-4941