LONGMONT, Colo.--(BUSINESS WIRE)--UQM Technologies, Inc. (NYSE Amex: UQM) electric drive system will power the Rolls-Royce 102EX, Electric-powered Phantom which was introduced at the Geneva Motor Show on March 1, 2011.
“Our electric motors deliver high-power output in a small package, requiring minimal space in the vehicle – a crucial requirement in the Rolls-Royce project,” said Eric Ridenour, President and CEO of UQM Technologies. “Additionally, the quality, performance and craftsmanship of our PowerPhase electric propulsion system make it a great match for the ultra-luxury Rolls-Royce brand.”
According to Rolls-Royce Motor Cars, the 102EX will tour during 2011, serving as a test bed to gather data that will be crucial for the company to base future decisions on alternative drivetrains. Through test drives, owners will be given the opportunity to experience an alternative drivetrain technology and give feedback on their experiences, thoughts and concerns directly to Rolls-Royce.
The 102EX uses two 145kW PowerPhase electric propulsion systems to deliver the performance required by Rolls-Royce. Combined, the electric motors produce 388 horsepower and 590 ft-lbs of torque.
“The selection of our PowerPhase systems by Rolls-Royce reinforces our ability to build and provide electric-propulsion solutions for a wide variety of vehicle platforms,” added Ridenour. “Our systems are used in a variety of vehicles from a motorcycle up to a transit bus, and now in an ultra-luxury car.”
The Rolls-Royce electric 102EX Phantom joins international auto makers Saab and Audi, that have selected UQM Technologies electric propulsion systems to power their pre-production test fleets.
The company 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 powered by its electric propulsion systems. UQM is also supplying Proterra Inc. with 150kW PowerPhase electric propulsion systems for its electric and hybrid electric, composite transit buses.
About Rolls-Royce Motor Cars
Since 1904, Rolls-Royce has created instantly recognizable motor cars that have made the marque an enduring icon all over the world. Inspired by some of the most evocative cars ever built, Rolls-Royce Motor Cars has the great privilege of taking this legacy into the future. With 102EX, also known as the Phantom Experimental Electric (EE), it is the company's intention to carefully test the opinions and reactions to alternative drivetrain options of a range of stakeholders including owners, enthusiasts, members of the public and the media.
Please visit www.rolls-roycemotorcars.com for more information.
About UQM Technologies
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 on the company and its products.
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.