UQM Introduces Advanced Propulsion System for at 2001 SAE World Congress

    DETROIT, March 5 UQM Technologies, Inc. (Amex: UQM)
announced today that it has developed an advanced propulsion system designed
to offer high levels of performance and efficiency in hybrid, electric, and
fuel cell vehicles. The Company's Integrated Electric Traction System (INTETS)
was unveiled today at the 2001 Society of Automotive Engineers (SAE) World
Congress in Detroit.

    Designed from the ground up by UQM, INTETS is an efficient sole propulsion
system for small to mid-size vehicles or an axle drive system for larger
vehicles. An intelligent electronic controller allows tailoring the system for
many different applications. Applicability to a variety of vehicle
configurations was an important design consideration during this system's
development.

    "This versatility makes INTETS ideally suited for use in the most popular
advanced technology vehicle types now in development by automakers worldwide,"
says William G. Rankin, President and Chief Executive Officer of UQM
Technologies.

    "Its highly integrated design also offers a very compact footprint, an
important edge in a highly competitive arena where the size and weight of
virtually every automotive component is crucial to achieving maximum
efficiency and economy," added Rankin. "This is especially true in the case of
next-generation advanced technology vehicles where increasing fuel economy or
range is an absolute imperative, or where additional space is needed for
passengers or energy storage."

    INTETS measures in at just 15 inches (380 mm) total length with an 11-inch
(280 mm) diameter without the system's optional inverter. Small but mighty, it
integrates a high-torque, 94 horsepower (70 kilowatt) brushless permanent
magnet motor using neodymium-iron-boron (NdFeB) magnets for quick off-the-line
acceleration and greater than 100 mph top speed, depending upon tire size.

    The system incorporates epicyclic single-stage gearing, off-the-shelf
differential componentry, and parking pawl. Components are used for multiple
purposes to reduce part count and cost, and additionally feature geometry
tailored for minimum noise. Components are designed to meet FMVSS standards
and a 150,000-mile life. UQM expects to have INTETS prototypes available for
delivery by fall 2001.