FREDERICK, CO --
UQM Technologies, a developer of alternative energy technologies, has received a $1.9 million production order for an electronic auxiliary product for hybrid electric vehicles. Deliveries under the order are currently scheduled to begin in the fall of 2006 and continue through December 2007.
"This order represents an important milestone in the commercialization of our products in the emerging market for hybrid electric vehicles," said William Rankin, president and chief executive officer of UQM
Technologies, Inc. "We believe that having a fully production engineered
and automotive qualified electronic product in volume production will open
up additional UQM product opportunities this fiscal year.
Rankin added that this order, together with other recently announced commercial market
production orders, including 30,000 vehicle auxiliary motors, represents a
total of more than $4 million in volume production backlog for the company.
For more information about UQM, visit:
www.uqm.com .
_______________________________________
Click here to view the rest of today's headlines.