UQM Technologies Inc. (NYSE MKT: UQM) congratulates Zenith Motors, LLC on receiving an EPA Certificate of Conformity for its all-electric commercial van, powered by UQM PowerPhase Pro(R) 135 electric motors and controllers. Zenith Motors recently announced that its battery electric vans were the first to receive this certificate for that class of vehicle.
A Certificate of Conformity is issued by the EPA to a vehicle manufacturer, certifying that a vehicle class conforms to EPA requirements. This certificate now allows Zenith to begin selling its all-electric van to customers in the U.S.
"We are proud to have been chosen by Zenith Motors for their electric vehicle program, and offer our congratulations to the company on achieving this significant step in commercialization," said Eric R. Ridenour, President and Chief Executive Officer of UQM Technologies, Inc. "We look forward to growing with them as they ramp up their production to meet customer demand."
The UQM PowerPhase Pro 135 is part of the PowerPhase Pro family of vehicle electrification products and provides a peak torque of 340 Nm, peak power of 135 kW and 60 kW of continuous power. UQM also offers the production-ready PowerPhase HD(R) 220, high-torque PowerPhase HD 950T and higher voltage PowerPhase HD 250 systems for heavier commercial vehicle applications. The high efficiency of UQM PowerPhase systems aid vehicle manufacturers in meeting their all-electric range goals for higher value to the customer.
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.
About UQM
UQM Technologies is a developer and manufacturer of power-dense, high-efficiency electric motors, generators and power electronic controllers for the commercial truck, bus, automotive, marine and military 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 certified and located in Longmont, Colorado.
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, 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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UQM Technologies, Inc.
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