UQM Technologies Powers Innovative All-electric Outboard Motor for Boats Developed by Regen Nautic

  UQM Technologies Powers Innovative All-electric Outboard Motor for Boats
  Developed by Regen Nautic

  *Regen Nautic system mounts like a traditional outboard motor, providing
    all-electric propulsion
  *UQM PowerPhase Select^® 145kW electric motor provides power equivalent to
    a 180-horsepower gas-powered outboard motor
  *Electric outboard motor is latest in the Regen Nautic line of electric and
    hybrid powertrain systems powered by UQM^® electric motors and controllers

Business Wire

LONGMONT, Colo. -- January 22, 2013

UQM Technologies, Inc. (NYSE MKT: UQM) electric motors and controllers are at
the heart of the new Regen Nautic E180 all-electric outboard motor introduced
this week at the Dusseldorf Boat Show. This is in addition to series-hybrid
electric systems that Regen Nautic has developed for yachts, trawlers, and
sailboats over 50 feet using UQM^® components.

“Working with Regen Nautic, we continue to expand the marine applications for
our electric propulsion products,” said Eric R. Ridenour, President and Chief
Executive Officer of UQM Technologies, Inc. “Our systems are ideally suited
for marine applications which require exceptional performance, whether used in
all-electric or series-hybrid propulsion systems.”

The E180 uses a UQM PowerPhase Select^® 145 electric motor and controller
system, mounting them inside a traditional-looking outboard motor package.
Regen Nautic says that the E180 has power-output equivalent to a
180-horsepower gas-powered outboard motor. The system is controlled via an
easy-to-use push-button interface at the helm station created by Regen Nautic.

“The E180 electric system mounts and operates much like a traditional outboard
motor,” said Pierre Caouette, ReGen Nautic President and Chief Operating
Officer. “This provides a viable option for those wanting electric power to
significantly reduce operating costs, as well as remove their carbon footprint
from watersports.”

The Regen Nautic E180 will be on display at the Dusseldorf Boat Show,
happening now through January 27, 2013.

About ReGen Nautic USA

ReGen Nautic USA is a private corporation located in Fort Lauderdale, Florida.
The company has developed hybrid-electric propulsion systems for yachts,
trawlers, and sailboats over 50 feet. It customizes automation systems to boat
design, and the company’s products are the unique components needed for system
function. It manufactures high voltage boxes and licenses the software for
integration and safety systems. ReGen Nautic has pending patents that protect
its intellectual property related to integrating, optimizing and combining
components of marine hybrid systems, providing efficient operation and fuel
savings. For more information, please visit www.regennautic.com.

About UQM

UQM Technologies is a developer and manufacturer of power-dense,
high-efficiency electric motors, generators and power electronic controllers
for the automotive, commercial truck, bus, marine and military markets. A
major emphasis for UQM is developing propulsion systems for electric, hybrid
electric, plug-in hybrid electric and fuel cell electric vehicles. UQM is
located in Longmont, Colorado. Please visit www.uqm.com for more information.

This 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
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, future orders to be
received, future financial results and the continued growth of the
electric-powered vehicle industry. Important Risk Factors that could cause
actual results to differ from those contained in the forward-looking
statements are contained in our Form 10-Q filed October 25, 2012, which is
available through our website at www.uqm.com or at www.sec.gov.

Contact:

Investor Relations contact:
StreetSmart Investor Relations
Annie Leschin/Barry Hutton
415-775-1788
or
Media Relations contact:
UQM Technologies, Inc.
Alise Grysen, 303-682-4941
 
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