Shareholders hear good news at UQM meeting

FREDERICK – A couple of longtime UQM Technologies Inc. shareholders spent pre-annual meeting networking time arguing the merits of the electric vehicle market. Will electric vehicles take off in the geographically sprawling United States? Will battery technology advance to overcome cost and performance barriers?

The future of electric vehicles is top of mind for most UQM shareholders, meeting this year in a cafeteria converted into meeting space at UQM’s new facility in Frederick.

The company, founded in 1967, has been designing and manufacturing electric motor elements for vehicles for decades. It helped develop and construct a hybrid electric mobile studio used by…