Forward-Looking Statements

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Transcription:

Forward-Looking Statements This presentation contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act. These statements appear in a number of places in this presentation and include statements regarding our plans, beliefs or current expectations; including those plans, beliefs and expectations of our officers and directors with respect to, among other things, gaining required certifications, the closing of the transaction with HKG, UQM s ability to successfully gain access to the Chinese electric vehicle market, new product developments, future orders to be received from our customers, sales of products from inventory, future financial results, liquidity and the continued growth of the electric-powered vehicle industry. Important Risk Factors that could cause actual results to differ from those contained in the forward-looking statements are contained in our Form 10-K and Forms 10-Q, which are available through our website at www.uqm.com or at www.sec.gov. 2

Overview 1. About UQM 2. The market 3. Market strategy 4. Financials

About UQM

About UQM Design and manufacture propulsion systems for electric vehicles Founded in 1967 Based in Longmont, Colorado Transportation + Tech crossover: Strategically located between Silicon Valley and Detroit Experience in auto, commercial vehicle, high tech Extensive industry knowledge Strong management experience: 5

About UQM 130,000 sq. ft. headquarters, engineering and manufacturing High capacity to support OEM requirements Certifications: ISO 9001 ISO 14001 TS 16949 6

50 Years of UQM Experience

1967 to present 8

The Market

Cost for lithium-ion battery packs Market Drivers Commercial Vehicle Cost of ownership: 4 MPG vs. 21 MPGe 425% Improvement Maintenance Costs: $1/mile vs. $.06/mile 94% Improvement Emissions: 94% Improvement 0 CHG CO 2 CH 4 NO X HC PM BC Lifetime Fuel Costs: 78% Improvement $1000 800 600 400 200 Actual Actual 85% Reduction in Battery Costs Estimated range Estimates 2010 2015 2020 2025 2030 Strong EV growth will be driven by market demand 600 400 200 gigawatt hrs Yearly demand for EV battery power 10

xev Sales (mm units) Global EV Sales Growth Annual Mid & Heavy Duty Electric Drive Sales by Region World Markets: 2014-2023 20 15 10 U.S. W. Europe China Japan ROW 620% unit growth 5 0 2011 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Source: Company data, FactSet, Morgan Stanley Research 11

The Market 85% lower battery cost 2010-2025 $65 billion E-drive market through 2025 620% EV sales growth through 2025 12

Market Strategy Turnkey System Solutions Global Expansion Technology-Enabled Cost Advantages

UQM Turnkey System Solutions Motor + Inverter + Control Software Motor + Inverter + Control Software + Transmission 14

Global Expansion Regional Manufacturing* HQ Manufacturing Regional HQ* Sales & Service * Proposed 15

Strategic Business Areas Services Propulsion Systems Auxiliary Products 17

PowerPhase Systems Automotive & Light Truck 6-8 Meter Bus & Medium-Duty Truck 10-12 Meter Bus & Heavy-Duty Truck Passenger cars Vans and light trucks Vehicle weight up to 3,000 KG Light- to medium-duty bus and truck fleets Vehicle weight up to 7,000 KG Large buses Heavy-duty work trucks Vehicle weight up to 18,000 KG PowerPhase Pro PowerPhase Heavy Duty PowerPhase DT Full electric Plug-in hybrid HEV Extended range Parallel hybrid Series hybrid Fuel cell

PowerPhase Pro PowerPhase Pro 100 PowerPhase Pro 135 300 Nm Peak Torque 100 kw Peak Power 60 kw Continuous Power 270 to 425 VDC 8000 RPM Top Speed 320 Nm Peak Torque 135 kw Peak Power 80 kw Continuous Power 270 to 550 VDC 10,000 RPM Top Speed PowerPhase Pro Passenger Cars Vans and Light Trucks Extended range Weight Up to 3,000 KG Leading Edge Features and Performance. Higher Efficiency Across Brad Range of Operating Conditions.

PowerPhase HD PowerPhase HD 220 700 Nm Peak Torque 220 kw Peak Power 120 kw Continuous 250 to 440 VDC 6000 RPM Top Speed PowerPhase Heavy Duty PowerPhase HD 950T 950 Nm Peak Torque 145 kw Peak Power 100 kw Continuous Power 250 to 440 VDC 4,500 RPM Top Speed PowerPhase HD 250 900 Nm Peak Torque 250 kw Peak Power 150 kw Continuous Power 450 to 750 VDC 5,500 RPM Top Speed Full Featured Digital Signal Processor. Heavy Duty Truck And Bus. On-Road and Off-Road Applications

Performance Graph (Pro ) PowerPhase Pro 135 High Efficiency (95%+) Services Actual Test Data Based on Complete System 21

Performance Graph (HD ) PowerPhase HD 250 High Efficiency (95%+) Services Actual Test Data Based on Complete System 22

PowerPhase DT Drivetrain vs. Direct Drive Up to 15% more efficient Improved drivability Smooth acceleration curve 2M+ miles in the field Lighter weight Compact electric drive 23

PowerPhase DT Drivetrain Industry Leading Partnership Total Drive Solution for Commercial Vehicles Tier 1 Supplier Alliance Production Ready 2017 Vehicle Weights Up to 18,000 KG 2-Speed Auto Transmission with UQM PowerPhase HD Products Ratios: Gear 1 3.53:1 Gear 2 1:1 Peak Torque 3,050 Nm Continuous Torque 1,420 Nm HD(+) Peak Power 250 kw Rated Power 150 kw 180 kw HD(+) Full electric 10-12 M Transit Bus HD Cargo Trucks Work Trucks Steep Grades Extreme Duty Cycles

UQM Solution vs. Direct Drive System Weight Material Cost Dimensions Specific Torque Continuous Torque Max rpm Peak Power Cont. Power Speeds Direct Drive PM Motor 380 kg $$$$$$ 572x590x668 9.2 Nm/kg 1,500 Nm 2,500 250kW 150kW 1 PM Motor with Transmission 177 kg= 85 motor + 92 trans $$$ = $$ + $ 390x496x968 17.8 Nm/kg 1,550 Nm 5,500 250kW >150kW 2 390 Less Weight = Less Material = Less Cost >2X Wheel Speed or Torque > Overall Efficiency 496 Direct Drive Competition Direct Drive Competition 590 572 25

kw/liter Technology-Enabled Cost Advantages Competition UQM Motor Weight Savings Magnets 55% 10 8 Power Density UQM 6 B Iron 40% 4 2 A Copper 48% kw/kg Winding UQM PP250 Motor 0 0 0.5 1 1.5 2 2.5 3 3.5 Best-in-class power density. Less material. Less cost. 26

Financials

Financials Revenue growth opportunities with existing supply agreements Revenue growth opportunities with entrance into Asia and trial programs with full electric drivetrains Strong contribution margins > 50% No debt Significant operating leverage Low fixed cost basis Clear path to profitability Pending major investment for growth capital $100M E-drive Tech Investment $40M U.S. DOE Endorsement 15 Worldwide Patents 28

Summary About UQM Transportation meets tech. Experienced. Diverse customers. The market $65 billion. Infrastructure-ready. Environmental, cost and technical drivers. Market strategy Turnkey solutions. Global expansion. Technologically superior systems. Financials Positioned for revenue growth. Debt-free.

Contact Information: Sales +1.303.682.4910 sales@uqm.com