UQM Technologies Receives Increased Orders from Zenith Motors for PowerPhase Pro® 135 Electric Motor Systems for the Medium ...
August 12 2015 - 8:30AM
Business Wire
- Zenith Motors, LLC has received a new
order for the Medium Duty Truck market as they are seeing increased
customer demand.
- UQM powered Zenith Electric Shuttle
Vans are CARB approved and now eligible for up to $50,000
incentives under California Air Resource Board Hybrid Truck and Bus
Voucher Program.
- UQM powered Zenith Motors product is
the First Electric Commercial Van to receive U.S. Environmental
Protection Agency’s Certificate of Conformity, that vehicles
conform to all EPA regulations and emission standards.
UQM Technologies Inc. (NYSE MKT: UQM) today announced
that Zenith Motors, LLC has received increased customer orders for
their Zenith delivery vehicles that are powered by the UQM
PowerPhase Pro® 135 technology.
“Zenith has taken the time to do these vehicles right, and now
the follow-on orders show their growth in the marketplace,” said
Joe Mitchell, Interim CEO and President of UQM Technologies, Inc.
“Zenith has ramped up their production and we are seeing new orders
to meet this increasing customer demand.”
The Zenith Electric Shuttle and Cargo Vans are 100% electric.
These electric vans can travel up to 60 miles per hour with a range
from 90 to 120 miles per charge (depending on the battery options
chosen). The van can fully charge in 6.5 hours, or with an upgraded
onboard battery charger can reduce this time to 4 hours. The
shuttle van seats up to 11 passengers, while the cargo van sports a
payload capacity of 3,000 lbs. Zenith Electric vans are saving
fleet operators an estimated $100,000 over 300,000 miles.
The UQM PowerPhase Pro 135 is the UQM Technologies’ vehicle
electrification product which provides a peak torque of 340 Nm,
peak power of 135 kW and 60 kW of continuous power. UQM also offers
production-ready PowerPhase HD® automotive systems for heavier
commercial vehicle and electric bus applications. The high
efficiency of UQM PowerPhase systems provides higher value to the
customer, as well as enables vehicle manufacturers to meet their
all-electric range goals and compliance with stricter emissions
standards.
About UQM
UQM Technologies is a developer and manufacturer of power-dense,
high-efficiency electric motors, generators, power electronic
controllers and fuel cell compressors for the commercial truck,
bus, automotive, marine, military and industrial 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 TS 16949 and ISO 14001 certified and located in
Longmont, Colorado.
For more information please visit www.uqm.com.
About Zenith Motors, LLC
Zenith Motors is based in Crestview Hills, KY, and is a
manufacturer of electric shuttle vans for hospitals, schools,
airports, parking facilities and the hospitality industry. Zenith
Motors is proactively helping companies reduce their fleet
operating costs by eliminating the cost of gasoline, reducing the
maintenance costs and maximizing the up-time between scheduled
maintenance. In addition to reducing fleet costs, Zenith’s
customers create a healthier community by driving electric shuttle
vans that help in the reduction of carbon emissions and noise
pollution. Please visit www.zenith-motors.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 management with respect to, among other things, gaining
required certifications, new product developments, future orders to
be received from our customers, sales of products from inventory,
future financial results, liquidity, 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-K and Form
10-Q’s, which are available through our website at www.uqm.com or
at www.sec.gov.
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version on businesswire.com: http://www.businesswire.com/news/home/20150812005319/en/
StreetSmart Investor RelationsAnnie Leschin,
415-775-1788orUQM Technologies, Inc.David I.
Rosenthal, 303-682-4900
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