Protean Electric Announces Partnership To Develop In-Wheel Motor Propulsion System With FAW-Volkswagen
AUBURN HILLS, Mich., Dec. 12, 2013 /PRNewswire/ -- Protean Electric, the global leader of advanced in-wheel electric drive, today announces its partnership with FAW-VOLKSWAGEN AUTOMOTIVE CO., LTD. (FAW-VW) to develop an all new electric propulsion system that will include Protean Electric's award-winning Protean Drive™ with intent towards a demonstration vehicle program and production.
FAW-VW will create an all-new rear-wheel drivetrain for a pure Electric Vehicle (EV) based on the new Bora compact sedan, utilizing two Protean in-wheel motors. This cooperation began several months ago and so all bench testing, engineering calibration and on site application support is expected to be completed within a year. Protean Electric will also assist FAW-VW in the development of safety and vehicle controls that can be applied to additional vehicle programs.
"Protean Electric is very pleased and honored to be working with FAW-VW. Our involvement with this prestigious automaker shows that Protean Electric is continuing to serve as a valuable resource for OEMs as they develop New Energy Vehicle programs," says Kwok-yin Chan, CEO of Protean Holdings Corp. "This is a two-phase project that will capitalize on the torque and packaging freedoms that Protean Drive™ can bring to an automaker. Our technology will return the space to the new Bora vehicle platform that was formerly occupied by an in-board motor and powertrain."
The motors reside in the space behind the wheel, producing torque and power exactly where and when drivers need it. Protean's new production motor provides the highest torque and power density of any leading electric propulsion system. Each in-wheel motor comes with its own power and control electronics packaged inside the motor, which communicates with the vehicle by utilizing a common vehicle control system.
Features of Protean's in-wheel
UQM Technologies PowerPhase® Electric Propulsion System Powers Saab 9-3 ePower All-Electric Development Test Fleet
Saab 9-3 ePower test fleet of 70 vehicles will be powered by UQM Technologies electric motors and controllers
Deliveries of PowerPhase 135kW systems to Saab began in Q3 of CY 2010
These electric propulsion systems for the Saab 9-3 ePower vehicles were previously announced by UQM as an order from an international OEM
UQM has in place validated production lines for its PowerPhase 100 and 135kW systems with annual capacity of 40,000 systems
LONGMONT, Colo.--(BUSINESS WIRE)--UQM Technologies, Inc. (NYSE Amex: UQM), a developer of alternative-energy technologies, has been selected by Saab to power its all-electric Saab 9-3 ePower development test fleet. Initial deliveries began in the third calendar quarter of 2010 and will continue through CY 2011.
Absolutely right. No real progress. Usual PR nonsense just before earnings. PR #1 New fake product which is really is the old 150 KW with a new controller. PR#2 Some clown using their motor which was donated for free. I want UQM to succeed, so I can sell my 10,000 shares. Waiting 10 years.
What have you done lately
Appraisal system for 75 employees. Really
Can we get some sales. We need a Elon Musk.
Mr. Eric R. Ridenour , 54
Chief Exec. Officer, Pres and Director 794.00K 0.00
Mr. Joseph R. Mitchell , 52
VP of Operations 255.00K 0.00
Mr. Adrian P. Schaffer , 51
VP of Sales & Bus. Devel. 258.00K 0.00
Mr. Jon Lutz , 44
VP of Engineering 259.00K 0.00
Mr. David I. Rosenthal , 58
Chief Financial Officer, Principal Accounting Officer, Treasurer and Sec. N/A N/A
The Chinese subsides are for cars made in China with Chinese made batteries and electrical parts like motors. All components must be Chinese. Chinese cars with American UQM motors will not get subsidies. Hence another dead end. They want to promote their auto industry. Chinese companies may purchase a few UQM motors to copy.
Motor companies are proud of their Engines. Things that move and power their cars. Its very unlikely that a company like Audi will power their production vehicles with a outside company like UQM. They will try to build their own, if they cannot then they will buy from a German parts company like Siemens or Bosch. Very very unlikely will they use a American company product. I believe the A1 program is a R &D program only for bench marking purposes only.
"Plans to eventually replace". When ?. Next year, 10 years from now. Plus they want more than 75 KW export capability per truck. ie more R&D required, bigger engine, large UQM motor which is less fuel savings for the each truck.. How long will that take to figure out.. No firm order for a substantial number of trucks. I believe the battery is made by Valence and they are in Bankruptcy. We need substantial orders today for the Stock to move up.
There is nothing here. Just P&G buying 4 Plugin trucks. No real order for 1000 trucks. Don't make up news. Just R&D stuff.