Visit to Colorado-Based Electric Motor Plant by Acting Under Secretary of Energy Arun Majumdar Highlights Recovery Act Investment
January 13, 2012
Following Secretary of Energy Steven Chu's visit to the Detroit Auto Show where he praised the actions of the Obama Administration to help revive the U.S. auto industry, Acting Undersecretary of Energy Arun Majumdar today toured UQM Technologies' electric drive component manufacturing facilities in Longmont, Colorado. The company's recent announcement that it would provide electric propulsion systems for 100 UPS Delivery Vehicles to be deployed in early 2012, coupled with recent actions by the Obama Administration to revive the U.S. auto industry, illustrate how support for both manufacturing and research and development is contributing to the revitalization of America's auto industry.
When completed, the Longmont plant will have the capacity to produce electric drive systems and power electronics and processors for up to 120,000 electric drive vehicles each year. The purchase and renovation of the 130,000 square foot facility was made possible by a competitively-awarded $45 million grant from the Recovery Act through the Department of Energy (DOE), which UQM matched dollar for dollar.
"Facilities like this one here in Longmont showcase the importance of investments in advanced technology component and vehicle manufacturing made by the Administration through the Recovery Act," said Dr. Majumdar. "At the Department of Energy, we are strongly committed to making the United States a leader in producing the advanced technology components and vehicles that are creating manufacturing jobs in Colorado and across the country."
"We are pleased to have Dr. Majumdar visit our facility to see first-hand the results of our successful collaboration," said Eric R. Ridenour, UQM Technologies President and Chief Executive Officer. "The support of the DOE through the Small Business Innovation Research Program to commercialization funding under the American Recovery and Reinvestment Act has helped UQM build upon our tremendous background and experience in the electrification market helping accelerate the viability of electric and hybrid electric vehicles."
With its facility, UQM has been able to establish supply partnerships with a number of major companies, including Coda Automotive, Eaton Corporation, and Lippert Components. The plant has the flexibility to produce systems for light-duty hybrid, plug-in hybrid electric, and all-electric passenger vehicles, as well as heavy-duty hybrid trucks and buses.
The Recovery Act award is only a part of DOE's longstanding collaboration with UQM, which dates back to the 1990s and includes competitive awards as well as grants through the Small Business Innovation Research program. Most recently, the Department of Energy awarded the company a $3 million competitive, cost-shared award to develop non-rare-earth magnet electric motors to support more efficient, cheaper electric vehicle technologies.
See a video of Secretary's Chu trip to the Detroit Auto Show.
Read Secretary Chu's full remarks at the Detroit Economic Club, as prepared for delivery.