Friday May 4, 2018 0 comments
LONGMONT -- UQM Technologies, Inc. (NYSE American: UQM) announced that Michigan-based Meritor has chosen UQM to be its supplier of choice for development and production plans for its 14Xe axle program.
UQM said the opportunity is the culmination of more than a year of engineering development efforts that will support Meritor’s current customer base, along with identifying new customers and applications around the globe for the 14Xe electric axle product line.
UQM and Meritor are supporting prototype deliveries for testing, as well as initial pilot electric axles.
The development program between the two companies was initially announced in February 2017. Meritor unveiled its electric axle at the 2017 NACV Show in Atlanta and has begun trials with key customers.
UQM said the benefits of the 14Xe axle application will allow customers in the medium and heavy-duty EV commercial markets to improve on component packaging requirements, realize cost savings from integration and increase vehicle performance.
“It has been a long and rewarding process to unveil this electric axle, and we are looking forward to the on-going development of this long-term relationship in support of Meritor’s 14Xe axle strategy,” said Joe Mitchell, UQM president and CEO.
“This announcement falls in line with UQM’s overarching strategy of focusing on design and development and serving the market with a proven Tier 1 OEM.”