UQM TECHNOLOGIES, INC. (NYSE MKT:UQM), has begun supplying the PowerPhase HD^® 220 electric drive systems to Boulder EV to build delivery vans for FedEx Express.

“We just introduced the PowerPhase HD 220 electric drive system last month at EVS26 and have been selected to power the Boulder EV delivery vans as part of the FedEx Express all-electric fleet of vehicles,” said Eric R. Ridenour, UQM Technologies’ President and Chief Executive Officer. “Getting our new product out into commercial fleet customers like Boulder EV and FedEx Express are excellent ways to demonstrate their performance and efficiency advantages and will set the foundation for future sales growth.” Continue reading →