UQM Technologies CFO Donald A. French to Present Business Strategy and Opportunities at JMP Securities Research Conference

UQM Technologies, Inc. (NYSE Amex: UQM) Chief Financial Officer, Donald A. French, will present the UQM business strategy and opportunities at the Tenth Annual JMP Securities Research Conference, May 9–11, 2011, at The Ritz-Carlton, San Francisco.

“We have extensive experience developing and manufacturing highly efficient electric propulsion systems and related products for vehicle electrification. We are poised for growth fueled by the emergence and expansion of the electric-vehicle market and the accelerating demand for electric-assist powertrains,” said Donald A. French, Chief Financial Officer of UQM Technologies. “I look forward to sharing the latest updates on our business strategy and how we have streamlined our organization to focus on future growth and performance.”

Mr. French will present at the conference on Tuesday, May 10, 2011, at 3:30 p.m. PDT. The Tenth Annual JMP Securities Research Conference will feature presentations from more than 250 companies over three days. The conference represents a valuable opportunity for top small-cap and mid-cap senior executives to meet and share perspectives with securities professionals and institutional investors.

The UQM PowerPhase® 145 kW electric propulsion system was recently selected by Rolls-Royce to power its 102EX Electric Phantom, introduced at the 2011 Geneva Motor Show. UQM Technologies electric propulsion systems are also powering Saab 9-3 ePower and Audi A-1 e-tron pre-production test fleets.

UQM has 40,000 units of annual production capacity for its PowerPhase electric propulsion systems to support the commercial launch of CODA Automotive and other customer vehicles. In the larger vehicle market, UQM is powering Proterra’s electric and hybrid electric composite transit buses, and Electric Vehicles International’s all-electric medium-duty truck and walk-in van.

UQM Technologies is a developer and manufacturer of power-dense, high-efficiency electric motors, generators and power electronic controllers for the automotive, aerospace, military and industrial markets. A major emphasis for UQM is developing products for the alternative-energy technologies sector, including propulsion systems for electric, hybrid electric, plug-in hybrid electric and fuel cell electric vehicles, under-the-hood power accessories and other vehicle auxiliaries. UQM headquarters, engineering, product development center and manufacturing operation are 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, orders to be received under our supply agreement with CODA Automotive, our ability to successfully expand our manufacturing facilities, 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 February 1, 2011, which is available through our website at www.uqm.com or at www.sec.gov .

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