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UQM Technologies
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Developer and manufacturer of electric motors, generators and electronic inverters, primarily for the automotive industry

Founded in 1967
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Company type Acquired Public (UQM)
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TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Longmont, CO Longmont, United States
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Updated by Cleantech Group on 01/25/2019

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  • 1 M&A items
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Date Company
07/17/2013

Boulder Electric Vehicle Boulder Electric Vehicle

UQM will supply BEV with electric propulsion systems for its vehicles.

Confirmed by Boulder Electric Vehicle
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Date Partner Type
09/06/2017
China National Heavy Duty Truck Group China National Heavy Duty Truck Group
Joint venture to manufacture and sell electric propulsion systems in China.
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Confirmed by China National Heavy Duty Truck Group
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IPO INFORMATION

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UQM

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Date Investors Type Amount
09/06/2017 China National Heavy Duty Truck Group China National Heavy Duty Truck Group (1)
Post-money valuation of
CNHTC will acquire 34% of UQM’s stock, and the two companies will create a joint venture to manufacture and sell electric propulsion systems in China. CNHTC's subsidiary, Sinotruk expects to be a significant purchaser of electric drivetrains via a joint venture.
 Buyout / Late-Stage Private Equity $5,100,000
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