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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.

‘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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