Longmont, Colorado  July 21st, 2010 — UQM TECHNOLOGIES, INC. (NYSE Amex:UQM), a developer of alternative energy technologies, announced today that it has released a new 200 kW motor/generator system for use in electric propulsion and generator applications. The new system extends the peak power available in the Company’s 405 mm diameter frame size to 200 kW, has a continuous power rating of 115 kW and delivers peak torque of 900 N-m.

UQM® propulsion systems and generators are available in a variety of power levels in either a 280 mm diameter frame size or a larger 405 mm diameter frame size. The Company’s motor/generator offerings are listed by power level below:

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, future financial results and revenue growth 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 filed May 24, 2010, which is available through our website at www.uqm.com or at www.sec.gov.