Hybrid Electric HMMWV Powered by UQM(R) Propulsion Systems Begins Cold Weather Evaluation at the U.S. Army's Cold Regions Test Center

Hybrid Electric HMMWV Powered by UQM(R) Propulsion Systems Begins Cold Weather Evaluation at the U.S. Army's Cold Regions Test Center

Current Phase of Performance Evaluation to Focus on Operating Characteristics
                          In Harsh Winter Conditions

    FREDERICK, Colo., Jan. 22 UQM TECHNOLOGIES, INC. (AMEX: UQM) announced today that one of the U.S. Army
technology demonstration hybrid electric High Mobility Multipurpose Wheeled
Vehicles (HMMWV pronounced HUMVEE(R)), developed and produced by IDT-PEI
Electronics, a unit of Integrated Defense Technologies, Inc. and
powered by UQM(R) propulsion motors, generator and power electronic inverters,
has begun cold weather evaluation testing at the Cold Regions Test Center at
Fort Greeley, Alaska.  The hybrid electric HMMWV incorporates one 75 kW UQM(R)
generator and two 75 kW UQM(R) propulsion motors, one per axle.  Each UQM(R)
motor or generator is controlled by a UQM(R) electronic inverter which manages
the operating characteristics of the motor or generator.  The Cold Regions
Test Center, a subordinate command of Yuma Proving Ground and the winter test
element of the Army Test and Evaluation Command, has the mission to plan,
conduct and report the results of winter, mountain and northern environment
phases of developmental testing.
    The hybrid electric HMMWV is one of four hybrid electric HMMWVs delivered
to the U.S. Army for performance testing and evaluation at Aberdeen and Yuma
Proving Grounds.  AM General, the manufacturer of the HMMWV, is the Prime
Contractor.  IDT-PEI Electronics is responsible for the complete hybrid drive
system design and integration, electronics component design and the energy
management system for the vehicles.  UQM Technologies provides the propulsion
motors, generators and power electronic inverters under subcontract to IDT-PEI
Electronics.
    During earlier programs, two hybrid electric HMMWVs were developed for
proof of concept demonstration of hybrid electric technology.  One prototype
was configured as a "tactical" model incorporating a UQM(R) 55kW generator and
four UQM(R) 75 kW propulsion motors, one per wheel, delivering acceleration
from zero to 50 M.P.H. in 8 seconds.  The second was configured as a "utility"
model incorporating a UQM(R) 75 kW generator and two UQM(R) 75 kW propulsion
motors, one per axle.  This vehicle successfully completed a cross-country
trip from Washington D.C. to San Francisco in 2000 to demonstrate vehicle
performance and test readiness.
    William G. Rankin, UQM Technologies' President and Chief Executive
Officer, said, "The initiation of cold weather evaluation marks another
milestone in the potential application of hybrid electric propulsion to this
class of military vehicle.  Successful cold weather and harsh terrain
operations is crucial to achieving the HMMWVs mission objectives and we are
confident that our hybrid electric propulsion systems will perform well in
this demanding round of evaluation testing."
    The Company recently delivered electric propulsion motors, generators and
power electronic inverters for two additional hybrid electric HMMWVs capable
of submersible operations at a depth of 60 inches below water.  By providing
submersible operating capability, fording operations are now available in
addition to the other benefits of hybrid electric propulsion including stealth
operation, reduced fuel consumption and the availability of significant
on-board electric power.

    UQM Technologies, Inc. is a developer and manufacturer of power dense,
high efficiency electric motors, generators and power electronic inverters for
the automotive, aerospace, telecommunications, medical, military and
industrial markets.  A major emphasis of the Company is developing products
for the alternative energy technologies sector including power systems for
electric, hybrid electric and fuel cell electric vehicles, 42 volt
under-the-hood power accessories and other vehicle auxiliaries and distributed
power generation applications.  The Company's headquarters, engineering and
product development center and motor manufacturing operation are located in
Frederick, Colorado.  Its electronic products manufacturing facility is
located in St. Charles, Missouri.  For more information on the Company, please
visit its worldwide website at http://www.uqm.com .

    Integrated Defense Technologies, Inc., is a developer and provider of
advanced electronics and technology products to the defense and intelligence
industries.  IDT products are installed on or used in support of a wide array
of military platforms, to enhance their operational performance or extend
their useful life.  IDT products are incorporated into approximately
250 programs, which, in turn, are installed on or support 275 platforms.  IDT
employs more than 2,000 people throughout the United States and Canada.  For
more information on the Company, please visit its worldwide website at
http://www.idt-idt.com .

    AM General LLC, headquartered in South Bend, Indiana, is a world-leader in
the design, engineering, production and technical and parts support of
military and special purpose vehicles.  AM General manufactures the High
Mobility Multipurpose Wheeled Vehicle (HMMWV pronounced HUMVEE(R)) for U.S.
and friendly overseas armed forces.  Under a 1999 agreement, AM General also
produces the HUMMER(R) H1 and H2, civilian vehicles for General Motors
Corporation.  General Motors now owns the HUMMER brand and is responsible for
HUMMER marketing.  In addition, General Engine Products Inc. (GEP), a wholly
owned subsidiary of AM General, produces OEM 6.5 liter diesel engines, both
naturally aspirated and turbo-charged, used in military, automotive, marine
and various other industrial and commercial applications.  For more
information on the Company, please visit its worldwide website at
http://www.amgeneralcorp.com .

    This press 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 press 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, the development of markets for our products.  Important risk factors
that could cause actual results to differ from those contained in the
forward-looking statements include our ability to be profitable, our ability
to obtain additional financing, our reliance on major customers and suppliers,
our ability to commercialize our products, our ability to manage growth and
the possibility that product liability insurance may become unavailable to us.

    HUMVEE is a registered trademark of AM General LLC
    HUMMER is a registered trademark of General Motors Corporation

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