UQM Technologies Receives New Orders for Proterra's Catalyst Bus Program for Calendar Year 2016 Delivery

Proterra’s 2016 Purchase Order is higher than 2015 for the UQM PowerPhaseŽ HD220(+) systems. Proterra currently has an order backlog that stretches more than a year and this order represents only a portion of the growth expected by Proterra.

The new Proterra Catalyst bus, powered by UQM PowerPhaseŽ HD220, broke records in gradeability, low weight, and acceleration at the Altoona Bus Research and Testing Center, which is the transportation industry’s gold standard.

The recently announced UQM HD(+) enhanced systems will provide substantially improved performance over the current UQM PowerPhaseŽ HD220 systems. These new HD(+) systems represent an unprecedented and unmatched capability in full electric bus propulsion systems.

LONGMONT, CO -- November 6, 2015: UQM Technologies, Inc. (NYSE MKT:UQM) today announced the receipt of a new purchase order from Proterra for the UQM PowerPhaseŽ 220 HD(+) motor and controller systems with deliveries starting in early January 2016. These units will be used in the Proterra Catalyst Bus program for fulfillment of current orders for this new state-of-the-art UQM powered bus. The Proterra Catalyst conquered a 15.5% grade, unprecedented in this test by an electric bus, making it an ideal zero emission option to serve metropolitan areas with challenging topography in West Coast cities including San Francisco and Seattle. In addition to new records, Proterra recently announced the completion of over 1,000,000 customer driven miles for the exclusively UQM powered bus fleet.

“UQM has again raised the bar for the electric propulsion industry by producing the most technologically advanced and innovative electric drive motors and controllers in the industry. Our HD(+) series products are expected to set new performance records throughout the transportation industry, exceeding the benchmarks already set by UQM”

Ryan Popple, CEO of Proterra said, “We are pleased with the new HD(+) systems for our Catalyst buses. The improved performance is essential, as we aim to deliver state-of-the-art electric buses and continuously improve the Catalyst platform to break new records in efficiency and performance.”

Proterra recently won a $3 million California Energy Commission Grant to expand advanced manufacturing of zero-emissions transit buses on the West Coast. “We look forward to our continued partnership with UQM, as we both strive to push the limits of electric propulsion in the coming years,” said Chief Executive Ryan Popple.

“UQM has again raised the bar for the electric propulsion industry by producing the most technologically advanced and innovative electric drive motors and controllers in the industry. Our HD(+) series products are expected to set new performance records throughout the transportation industry, exceeding the benchmarks already set by UQM,” said UQM COO and Interim CEO Joseph Mitchell.