Valence Receives UQM Order

Valence Technology Inc. of Austin, Texas, has received an order for its U-Charge™ Power Systems from UQM Technologies Inc. of Frederick, Colorado. UQM is evaluating 30 U-Charge systems for use in an advanced half-ton electric powered pickup truck that they are developing for the U.S. Air Force.

Until recently, the only option for the hybrid electric vehicle industry was the nickel metal-hydride (NiMH) rechargeable battery. Valence is the first company to commercialize a safe, large format phosphate-based lithium-ion product.

UQM develops and manufactures electric and hybrid electric propulsion systems for on-road and off-road vehicles. The company selected the U-Charge Power System based on its cost effectiveness and ability to deliver on performance as well as safety – all specific requirements of the military. UQM is in the technology demonstration phase of the program to prove the electric vehicle concept.