UQM Technologies, Inc. (UQM) and BorgWarner Collaborate on Electric Powertrain Systems

Sep. 3, 2009 (Business Wire) — UQM TECHNOLOGIES, INC. (NYSE Amex:UQM), a developer of alternative energy technologies, announced today that it is collaborating with BorgWarner (NYSE:BWA) on electric powertrain products for all-electric and hybrid-electric passenger automobiles. Initially, the companies are working together to integrate UQM Technologies’ PowerPhase^® electric propulsion system with BorgWarner’s 31-03 eGearDrive™ transmission for the all-electric CODA front-wheel drive five-passenger sedan, scheduled for introduction in the California market in mid-2010.

The UQM^® PowerPhase^® electric propulsion system has a peak power rating of 100 kW (134 horsepower) and a continuous power rating of 45 kW (60 horsepower). It delivers peak torque of 300 Nm (221 ft-lbs) and continuous torque of 160 Nm (118 ft-lbs). With a diameter of only 280 mm (11 inches) and a weight of 46 kg (102 lbs), this motor will fit easily in a wide range of passenger vehicles, including subcompacts. The system also features optimized four-quadrant performance, dynamic torque, speed and voltage control, and system energy efficiency of over 90 percent across a substantial portion of its power curve.

The BorgWarner 31-03 eGearDrive™ transmission is ideally suited for mid-range electric vehicles on either front-wheel drive or rear-wheel drive transverse driveline applications. The single-speed 31-03 uses a unique flange and coupling for adaptation to the PowerPhase^® motor housing to accommodate input shaft speeds of up to 14,000 rpm with a wide range of reduction ratios and very high operating efficiency. The 31-03 is also available with an optional ePark feature, an electronically actuated park lock system.

An electric powertrain consisting of a UQM^® PowerPhase^® electric propulsion system mated with the BorgWarner 31-03 eGearDrive™ transmission provides a compact and torque-dense package, delivering nearly 2,000 Nm (1,500 ft-lbs) of torque with a gear ratio of approximately 6.5 to 1. The package will propel a mid-size passenger vehicle at highway speeds with economical, high powertrain efficiency.

“Collaborating with suppliers such as UQM Technologies will allow us to broaden the reach of our high efficiency, purpose-built electric drive transmissions, accelerating vehicle integration for fast-to-market implementation,” said John Sanderson, President and General Manager, BorgWarner Drivetrain Systems. “We believe the pairing of our high efficiency transmission with UQM Technologies’ high performance electric propulsion systems present an extraordinary performance and value proposition to vehicle makers.”

“We are pleased to collaborate with BorgWarner, a world leader in powertrain technologies, to offer vehicle makers a turn-key electric powertrain that delivers exceptional vehicle performance at high operating efficiencies,” said William G. Rankin, UQM Technologies’ President and Chief Executive Officer. “BorgWarner’s global presence will bring a higher level of visibility to our electric propulsion system products.”

Auburn Hills, Michigan-based BorgWarner Inc. is a product leader in highly engineered components and systems for vehicle powertrain applications worldwide. The FORTUNE 500 company operates manufacturing and technical facilities in 60 locations in 18 countries. Customers include VW/Audi, Ford, Toyota, Renault/Nissan, General Motors, Hyundai/Kia, Daimler, Chrysler, Fiat, BMW, Honda, John Deere, PSA, and MAN. The Internet address for BorgWarner is: http://www.borgwarner.com.

UQM Technologies, Inc. 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 of the Company 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 and distributed power generation applications. The Company’s headquarters, engineering and product development center, and motor manufacturing operation are located in Frederick, Colorado. For more information on the Company, please visit its worldwide website at www.uqm.com.

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 the development of markets for our products and the adequacy of our cash balances and liquidity to meet future operating needs. 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 July 30, 2009, which is available through our website at www.uqm.com or at www.sec.gov.