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UQM Partners To Expand Electric Propulsion Offerings

Monday, August 29, 2011 5:00:00 AM PDT | VentureDeal Staff
   Longmont, Colorado  --  UQM Technologies (NYSE AMEX: UQM) has announced that it is expanding into the Marine hybrid electric propulsion market.

Partnering with ReGen Nautic USA, the group intends to integrate its UQM PowerPhase hybrid electric systems into a variety of marine applications.

The new technologies promise to reduce the overall weight of marine vessels, increase cruising speed and reduce maintenance costs.

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