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Longmont based UQM technologies to enter India’s EV market

Posted on: Mar 14 18

by: admin

UQM Technologies Inc. (NYSE: UQM) will provide the second-largest commercial vehicle manufacturer in India with 51 electric drive systems in a demonstration phase that could lead to a larger order.

Ashok Leyland in India will use Longmont-based UQM’s PowerPhase eDT traction-drive systems in electric transit buses. The order is the first step in a development program that would allow Ashok Leyland to gain market leadership and drive the overall 2030 India electrification initiative. The initiative is intended to reduce diesel emissions levels and improve operational safety and environmental conditions.

UQM is located in a Longmont industrial building located at 412 Specialty place. This Longmont manufacturing space is used for the production of UQM’s drive systems.

The demonstration program is scheduled to span 2018, with initial production anticipated to begin in 2019.

 

Source: https://bizwest.com/2018/03/07/uqm-set-enter-indias-electric-vehicle-market/?member=guest

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