UQM Technologies to Hold Conference Call Thursday, May 26, 2005, 4:30 p.m. Eastern Time

FREDERICK, Colo., May 25, 2005 -- UQM Technologies, Inc. (AMEX:UQM) , a developer of alternative energy technologies, will hold a conference call with members of the investment community on Thursday, May 26, 2005, at 4:30 p.m. Eastern Time. To participate in the call dial 1-800-725-9502 approximately 10 minutes before the conference is scheduled to begin. International callers should dial 1-415-908-6291.

William G. Rankin, UQM Technologies' President and Chief Executive Officer and Donald A. French, Treasurer and Chief Financial Officer, will be reviewing the Company's operating results for the quarter and fiscal year ended March 31, 2005.

For anyone who is unable to participate in the conference, access to a recording will be available for 48 hours following the call. Dial 1-800-633-8284 and give reservation number 21247451 to access the playback. International callers should dial 1-402-977-9140. Please allow two hours from the time of the conference call for initial setup before access.

UQM Technologies, Inc. is a developer and manufacturer of power dense, high efficiency electric motors, generators and power electronic controllers for the automotive, aerospace, medical, military and industrial markets. A major emphasis of the Company is developing products for the alternative energy technologies sector including propulsion 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. For more information on the Company, please visit its worldwide website at www.uqm.com.