UQM to supply motors to Boulder Electric Vehicle
By Cathy Proctor, Denver Business Journal
Electric motor manufacturer UQM Technologies Inc. has signed a three-year agreement to supply motors to Boulder Electric Vehicle, maker of all-electric commercial vehicles.
The agreement announced Wednesday will make UQM the exclusive supplier to Boulder Electric Vehicle, which makes delivery vans for UPS and the U.S. Department of Defense SPIDERS program.
UQM (NYSE: UQM) is based in Longmont. The company will be supplying its PowerPhase HD 220 motors to Boulder Electric Vehicle, said Eric Ridenour, UQM’s president and CEO.
The Denver Business Journal has more on the deal at the paper's website.
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