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UQM Technologies extends long-term electric drive supply agreement with Proterra

UQM Technologies Inc. signed an extension to its long-term supply agreement with Proterra to support Proterra’s growth demands. UQM is the primary supplier of electric propulsion systems to Proterra.

The extension reflects the increased demand in the US marketplace for the Proterra buses and the expected increased production volume of the UQM PowerPhase HD systems.

We see Proterra as the leader in the EV US transit market and look forward to our strategic growth as partners in this market space.

—Joe Mitchell, President and CEO of UQM Technologies

Comments

HarveyD

Good news for current and future Proterra e-buses?

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