Thursday, February 11, 2010

UQM Technologies Gets Win On Electric Postal Vehicle

Frederick, Colorado-based UQM Technologies, a developer of electric motors, said Wednesday that the firm has received an order from Quantum Fuel Systems Technologies, covering a propulsion system to be used in a electric vehicle for the U.S. Postal Service. UQM said the win is part of a one year, demonstration and validation program which will be conducted by the USPS in Washington, D.C., to evaluate an electric postal delivery vehicle. Financial impact of the win was not disclosed. Quantum Fuel Systems is one of five firms with contracts to conduct small, limited conversions of electric vehicles for the USPS pilot.