UQM Signs Electric Motor Supply Agreement With Light Commercial Vehicle Manufacturer in Turkey
MAY 13 2014 BY MARK KANE
UQM Technologies announced a Memorandum of Understanding with Derindere Motorlu Araclar (DMA),which is an automotive systems integration company based in Turkey. DMA is involved in developing pure electric light commercial vehicles, so as you can guess the deal is to buy some UQM drivetrains.
Initially, UQM Technologies will provide an unknown number (probably small) of the PowerPhase Pro 135, but if the launch of such vehicles is successful, DMA expects to expand sales of commercial electric vehicles.
Eric R. Ridenour, President and Chief Executive Officer of UQM Technologies Inc. stated:
“We are excited to work with DMA, who has been a leader in electrification of vehicles in Turkey, and to add them to our expanding roster of global customers. The MOU sets the stage to grow with DMA, beginning with the electric light commercial vehicle program in Turkey and potentially adding other vehicles and markets over time.”
Önder Yol, Chief Executive Officer of DMA remarked:
“In addition to the power level we wanted for the all-electric light commercial vehicle program, the UQM system also provides outstanding efficiency, which will help us meet our driving range goals. We believe the UQM systems will allow us to meet the demanding needs of our customers.”