UQM Technologies to be acquired by Danfoss

UQM Technologies, a manufacturer of electric motors, generators, power electronic controllers and fuel cell compressors for commercial vehicles, has entered into a merger agreement with Danfoss Power Solutions, a subsidiary of privately-owned Danish conglomerate Danfoss, which manufactures hydraulic systems, drives, motors, and components for the automotive, aerospace and energy industries. Danfoss will acquire UQM in … Continue reading UQM Technologies to be acquired by Danfoss