Monday April 30, 2018 0 comments
LONGMONT -- UQM Technologies Inc. (NYSE American: UQM) announced Canada-based Ballard Power Systems (NASDAQ: BLDP) issued a purchase order to UQM for assembly of FCveloCity®-HD 85-kilowatt Ballard fuel cell modules to be deployed in the U.S.
UQM said it will contract assemble fuel cell modules for Ballard.
“UQM has been a long-time supplier to Ballard, and we are now utilizing our manufacturing facility to support Ballard in delivering modules for buses in the U.S,” said Joe Mitchell, UQM president and CEO.
“We see this as yet another way our companies can work together for mutual benefit. We have implemented world class operational systems in our Colorado facility, and we are pleased to improve our asset utilization and support Ballard in meeting U.S. demand.”
UQM Technologies is a developer and manufacturer of power-dense, high-efficiency electric motors, generators and power electronic controllers for the commercial truck, bus, automotive, marine and industrial markets.