Monday August 13, 2018 0 comments
LONGMONT -- UQM Technologies, Inc. (NYSE American: UQM) today announced new fuel cell compressor system purchase orders from several new and existing Chinese customers, including its major Chinese OEM customer.
UQM said the new purchase orders are valued at approximately $3 million. All the orders represent incremental new business with shipments expected to be delivered through 2018 into 2019.
UQM’s fuel cell compressor systems (FCS) utilize the UQM permanent magnet motor and controller, paired with an Eaton compressor. The result of this combination is a highly efficient system for supplying air to fuel cell stacks, powering vehicles ranging from automotive and SUVs to medium and large commercial vehicles like buses and work trucks, the company said.
These compressor modules are a key component in hydrogen-powered fuel cell systems. UQM said it has seen increasing success for several years with its state-of-the-art fuel cell compressor systems that are customized for a number of propulsion applications for a wide variety of fuel cell stacks and power levels.
The UQM FCS product portfolio accommodates a voltage range of between 270-800 VDC, a pressure ratio ranging between 1.0 to 2.2, and airflow between 100 to 500 kg/h, which allows the company to target the majority of the market need for fuel cell hybrid electric vehicles.
“When China expanded their New Energy Vehicles regulations to include fuel cell vehicles, there was a major shift and increase in demand in the fuel cell vehicle market,” said Joseph Mitchell, UQM CEO.
“We continue to expand our customer base and win new business and customers with our proven high-performance and cost-effective fuel cell compressor system in this growing market, especially in China, but also in Europe and North America.
“Establishing our fuel cell service center in Shanghai shows our commitment to this market. Our fuel cell compressor product line has become a key element of our global growth strategy, and we continue to invest in improved performance and cost-effective solutions to serve this market.”