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Technology Stocks : Energy Conversion Devices

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To: ddl who wrote (7412)11/14/2003 11:29:24 AM
From: Krowbar  Read Replies (1) of 8393
 
Hybrid Electric Volkswagen New Beetle Developed By TNO Automotive Powered By UQM(R) Generator
Friday November 14, 8:30 am ET
Series Hybrid Electric New Beetle Powered By a UQM(R) 42 kW Generator Coupled To a 1.2 Liter Three Cylinder TDI Diesel Engine to Be on Display At EVS-20 Exhibition in Long Beach

FREDERICK, Colo., Nov. 14 /PRNewswire-FirstCall/ -- UQM TECHNOLOGIES, INC. (Amex: UQM - News), a developer of alternative energy technologies, announced today that a series hybrid electric Volkswagen New Beetle developed by TNO Automotive, Delft, The Netherlands, will be on display at the EVS-20 Exhibition in Long Beach, California November 15 through 18, 2003. The Volkswagen New Beetle on display is powered by 1.2 liter, three cylinder TDI diesel engine driving a UQM® 42 kW permanent magnet generator which produces the power to recharge a nickel metal hydride battery pack. In a series hybrid electric vehicle the engine is not connected to the wheels and is used solely to generate the power required for vehicle operation. Power and thermal management for the vehicle are performed by a CAN enabled microcontroller. The vehicle is capable of traveling up to 10 kilometers in all-electric mode and consumes approximately 4.5 liters of fuel per 100 kilometers during hybrid electric operation, reducing fuel consumption by 30 to 35 percent versus a conventionally powered New Beetle.
"We are pleased that TNO Automotive has selected a UQM® generator to power their hybrid electric Volkswagen New Beetle. TNO Automotive is a leading provider of research, development and engineering services and products to the automobile industry, government agencies and other organizations throughout the world and we are pleased to have them as a customer," said William G. Rankin, President and Chief Executive Officer of UQM Technologies, Inc.

"The UQM® generator powering our hybrid electric Volkswagen New Beetle has met all of our expectations, delivering 42 kW of continuous power with exceptional energy efficiency from a compact and lightweight machine. We believe the hybrid electric powertrain developed by TNO Automotive for the New Beetle has additional applications for urban distribution trucks, military vehicles, people movers and urban buses and we are looking forward to pursuing these additional opportunities," said Salem Mourad, Business Manager Advanced Powertrains for TNO Automotive.

biz.yahoo.com

We have a relationship with UQM.

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