UQM Technologies
UQM Technologies develops and manufactures power-dense electric motors, generators, and power electronic controllers for automotive, commercial vehicle, marine, and military applications as a public company headquartered in Longmont, Colorado.
- Company typePrivate
- Founded1967
- HeadquartersLongmont, United States
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What UQM Technologies does
UQM Technologies is a U.S.-based developer and manufacturer of power-dense electric motors, generators, and power electronic controllers serving the automotive, commercial vehicle, marine, and military markets. Founded in 1967 and headquartered in Longmont, Colorado, the company operates as a public entity listed on NYSE American under the ticker UQM and maintains a workforce of approximately 101–250 employees.
The company's product portfolio centers on electric and hybrid powertrain components engineered for heavy-duty and high-efficiency propulsion applications. UQM has historically pursued technology development with support from non-dilutive capital, most notably a $45.1 million award from the U.S. Department of Energy in 2010 to advance electric propulsion development. The company has supplemented organic development with targeted inorganic moves, including its February 2015 acquisition of the Roush Performance fuel cell compressor business, extending its capabilities into adjacent clean-energy componentry such as hydrogen fuel cell air compression.
UQM's commercial model centers on direct engagement with vehicle manufacturers, tier-one integrators, and other commercial customers across land- and sea-based platforms. Strategic equity investments from China National Heavy Duty Truck Group ($5.1 million in 2017) and Hybrid Kinetic Group Limited ($48 million in 2016) signal efforts to embed UQM technology within commercial vehicle electrification programs in the Chinese OEM ecosystem, positioning the company within a global EV motor market projected to scale from $21.26 billion in 2025 to $96.99 billion by 2035. Pricing is not publicly disclosed, reflecting the custom-engineered nature of OEM powertrain programs.
UQM Technologies firmographics
Firmographics- Name
- UQM Technologies
- Legal name
- Danfoss Editron
- Website
- https://uqm.com
- Company type
- Private
- Founded year
- 1967
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- UQM Technologies develops and manufactures power-dense electric motors, generators, and power electronic controllers for automotive, commercial vehicle, marine, and military applications as a public company headquartered in Longmont, Colorado.
- Ownership category
- akta.pro rank
UQM Technologies industry classification
Industry- Product category
- Electric Powertrain Components
- NAICS
- Motor Vehicle Electrical and Electronic Equipment Manufacturing (33632), Engine, Turbine, and Power Transmission Equipment Manufacturing (3336)
- SIC
- Motors & Generators (3621), Electronic & Other Electrical Equipment (No Computer Equip) (3600)
- akta.pro primary industry
- Hybrid Powertrain Integration Manufacturing (ICE-HEV/PHEV modules) (IMACAHAJ)
- akta.pro secondary industries
- Variable Frequency Drives (VFDs) (IMAGACAD), Power Electronics & Variable Frequency Drives (VFDs) (EDAOABAH)
Keywords
Where UQM Technologies is headquartered
LocationHeadquarters
- HQ city
- Longmont
- HQ country
- United States
- HQ region
- North America
Markets served
UQM Technologies business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Technology or R&D, Personnel, Supply Chain, Marketing or Sales
Distribution channels1 record
Marketing channels5 records
UQM Technologies product offering
Product offeringCore offering
UQM Technologies develops power-dense electric motors, generators, and motor controllers for the automotive, marine, and military markets. The company manufactures electromechanical hardware used in vehicle and vessel electrification programs, supplying propulsion and power-conversion components to heavy-duty commercial, defense, and marine customers.
Differentiator
Problem solved
Functional benefit
Brands
- EDITRON: World's most sophisticated electric drivetrain system designed, manufactured and delivered by Danfoss Editron for hybrid and electric vehicles
- Editron Off-Highway
- Editron On-Highway
- Low Voltage Portfolio
Products and services
- Power-Dense Electric Motors Electric motors engineered for power-dense performance in heavy-duty commercial vehicles, marine vessels, and military ground vehicles, designed to support electrification of automotive and marine drivetrains.
- Electric Generators Electric generators designed for automotive, marine, and military applications, supplying power-conversion hardware for heavy-duty commercial and defense platforms.
- Motor Controllers (Power Electronics) Motor controllers and power electronics supplied to automotive, marine, and military customers, providing the control interface between batteries, motors, and generators in electrified drivetrains.
Quantifiable outcome
- Machines up to 6MW in marine applications
- +1 more outcomes
Companies that use UQM Technologies
Customer profileSegments4 records
Ideal customer profiles3 records
UQM Technologies technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
UQM Technologies partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- PowerFlexcorePartnership to solve fluid conveyance challenges in an all-electric, ultra-fast charging prototype race car. Danfoss, in partnership with PowerFlex, helped InMotion develop solutions for the racing application.
- InMotionminorDanfoss Editron case study partner for creating a future of fast charging electric vehicles. InMotion is developing an all-electric, ultra-fast charging prototype race car.
- Glas Ocean Electric (GOE)corePartnership to develop innovative technology providing practical flexible-fuel electrification option for small boats and fishing vessels to reduce environmental impact and wean off fossil fuels.
- ZPMCcoreCollaboration on electrification and automation of ports with ZPMC straddle carriers. Focus on global port electrification initiatives.
- EU Connecting Europe Facility ProgrammeminorThe Winter Navigation Motorway of the Sea II (WINMOS II) project was co-funded by the EU Connecting Europe Facility Programme with €7.6 million scheme for maritime winter navigation system development.
Scale indicators1 record
Recent moves4 records
Expansion highlights4 records
UQM Technologies competitors and assessment
Company assessmentEmerging players
- Equipmake: Equipmake is a smaller specialist in electric motors and powertrains for buses, marine, and specialty vehicles — an emerging competitor with overlapping technology in UQM's on-highway and marine segments.
Broad incumbents
- ZF Friedrichshafen: ZF offers CeTrax and other electric central drive solutions for commercial vehicles and is a major Tier-1 in drivetrain electrification — competing with UQM in heavy-duty and on-highway programs globally.
- Cummins (Accelera by Cummins): Cummins and its Accelera segment produce electric drivetrains, motors, and power electronics for heavy-duty trucks, buses, and off-highway equipment — directly overlapping with UQM's on-highway and off-highway powertrain offering at significantly larger scale.
- Bosch (eMobility / eAxle): Bosch's eMobility division supplies electric motors, power electronics, and integrated eAxle systems to global OEMs, making it a broad incumbent competitor to UQM in commercial-vehicle electrification.
- ABB (Traction & Marine): ABB provides electric propulsion systems, motors, and power converters for marine vessels and heavy industrial applications — directly comparable to UQM's higher-power (up to 6MW) marine offering.
Direct peers
- Allison Transmission: Allison produces fully electric and hybrid propulsion systems for commercial trucks, buses, and defense vehicles — a comparable powertrain-focused competitor in UQM's on-highway and military segments.
- WEG Industries: WEG manufactures industrial and traction electric motors, generators, and drives used in marine, off-highway, and industrial applications, overlapping directly with UQM's motor/generator portfolio.
- Dana Incorporated: Dana designs and manufactures electric drivetrain components, motors, and gearboxes for on- and off-highway vehicles, closely matching UQM's full-system electric and hybrid powertrain positioning.
- Nidec (Nidec Mobility): Nidec is one of the world's largest EV motor manufacturers, with strong positions in traction motors for passenger and commercial vehicles — directly comparable to UQM's motor-and-controller offering.
- BorgWarner: BorgWarner supplies electric motors, inverters, and integrated drive modules for light- and commercial-vehicle electrification, making it a direct competitor to UQM in automotive electric powertrains with a much broader product portfolio.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
UQM Technologies social profiles
Digital presenceUQM Technologies financial estimates
Financial estimateRevenue estimate
Valuation estimate
UQM Technologies leadership team
Management profileNumber of profiles
Profiles1 record
UQM Technologies funding detail
Funding detailFunding overview
Funding rounds5 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
UQM Technologies M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about UQM Technologies
What does UQM Technologies do?
UQM Technologies develops power-dense electric motors, generators, and motor controllers for the automotive, marine, and military markets. The company manufactures electromechanical hardware used in vehicle and vessel electrification programs, supplying propulsion and power-conversion components to heavy-duty commercial, defense, and marine customers.
Is UQM Technologies a public or private company?
UQM Technologies is a private company. It is classified as public and is currently operating.
When was UQM Technologies founded?
UQM Technologies was founded in 1967. It employs 101 to 250 people.
Where is UQM Technologies based?
UQM Technologies is headquartered in Longmont, United States, in the North America region.
Who are UQM Technologies's main competitors?
Equipmake is listed as an emerging player. Broad incumbents are ZF Friedrichshafen, Cummins (Accelera by Cummins), Bosch (eMobility / eAxle) and ABB (Traction & Marine). Direct peers are Allison Transmission, WEG Industries, Dana Incorporated, Nidec (Nidec Mobility) and BorgWarner.
Does UQM Technologies have an API?
No public API is recorded for UQM Technologies.
What industry is UQM Technologies in?
UQM Technologies's product category is Electric Powertrain Components. Its primary akta.pro industry code is IMACAHAJ, Hybrid Powertrain Integration Manufacturing (ICE-HEV/PHEV modules), with a secondary code of IMAGACAD, Variable Frequency Drives (VFDs). Its NAICS code is 33632 and its SIC code is 3621.