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UQM Three Years for Boulder

July 17, 2013 in Electric Drive, EVs by Rich Piellisch  |  No Comments

Delivery Van for UPS and for Pentagon’s SPIDERS Program

Colorado’s UQM Technologies this morning disclosed a three-year supply agreement with neighboring Boulder Electric Vehicle for electric motors and controllers for all-electric trucks, including delivery vans for UPS and for work in connection with the Department of Defense SPIDERS grid security program.
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‘A Good Year Overall,’ Says UQM

June 1, 2012 in Electric Drive, EVs, Hybrids by Rich Piellisch  |  No Comments

Colorado’s UQM Technologies (AMEX:UQM) is seeing its revenues surge, although expenses for “expanded production engineering activities” are keeping the company in the red. But the firm’s latest financials reflect “a pretty good quarter and a good year overall,” UQM president and CEO Eric Ridenour told analysts.

Deliveries for Coda Automotive’s battery electric sedan accounted for much of the UQM sales surge, to $3.8 million in the fiscal fourth quarter ended March 31, a gain of 61% from $2.3 million in the fourth fiscal quarter of 2011.
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