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UQM Technologies To Hold Conference Call Thursday May 24, 2012 At 4:30 P.M. Eastern Time

UQM Technologies, Inc. (NYSE MKT: UQM), a developer of alternative energy technologies, will hold a conference call with members of the investment community on Thursday, May 24, 2012, at 4:30 p.m. Eastern Time. To participate in the call dial 1-800-762-8908 approximately 10 minutes before the conference is scheduled to begin and provide conference ID code “4541581” to access the call. International callers should dial 1-480-629-9868.

Eric R. Ridenour, UQM Technologies’ President and Chief Executive Officer and Donald A. French, Treasurer and Chief Financial Officer, will be reviewing the Company’s operating results for the quarter and fiscal year ended March 31, 2012.

For anyone who is unable to participate in the conference, access to a recording will be available for 7 days following the call. Dial 1-800-406-7325 and enter replay access code 4541581# to access the playback. International callers should dial +1-303-590-3030. Please allow two hours from the time of the conference call for initial setup before access.

About UQM Technologies, Inc.

UQM Technologies is a developer and manufacturer of power-dense, high-efficiency electric motors, generators and power electronic controllers for the automotive, commercial truck and bus and military markets. A major emphasis for UQM is developing products for the alternative-energy technologies sector, including propulsion systems for electric, hybrid electric, plug-in hybrid electric and fuel cell electric vehicles, under-the- hood power accessories and other vehicle auxiliaries. UQM headquarters, engineering, product development center and manufacturing operation are located in Longmont, Colorado. Please visit www.uqm.com for more information.

Please visit www.uqm.com for more information.

Copyright Business Wire 2010

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