UQM headquarters

Danfoss Expands into Electrification of On-Highway Market

Aug. 21, 2019
Danfoss A/S announced the acquisition of UQM Technologies Inc., Longmont, Colo.

Danfoss A/S announced the acquisition of UQM Technologies Inc., Longmont, Colo., a developer and manufacturer of power-dense, high-efficiency electric motors, generators, power electronic controllers and fuel cell compressors for the commercial truck, bus, automotive, marine, and industrial markets.

UQM produces motors and inverters ranging in power transmission capability to 250 kW. The acquisition brings complementary technology to Danfoss’s current product range, with inverter and motor drives rated to 6 MW for application in marine, off- and on-highway, and oil and gas industries. UQM will become part of the Danfoss’s Power Solutions group.

Kim Fausing, President & CEO of Danfoss A/S, says, “Already today we have a very broad portfolio of solutions, which plays a vital role in combating climate change and air pollution. With this acquisition, our third within electrification, we have added a well-established North American presence within electrification, which nicely complements our global footprint.”

Continue Reading

Oct. 5, 2022
Through mergers and acquisitions, companies have the opportunity innovate faster and serve new markets.
Jan. 13, 2020
The goal is to match kinetic energy of the press to the work required. It’s seldom quite that simple.

Sponsored Recommendations

May 15, 2024
Production equipment is expensive and needs to be protected against input abnormalities such as voltage, current, frequency, and phase to stay online and in operation for the ...
March 13, 2024
With experienced Product Engineers and Customer Service personnel, Altech provides solutions to your most pressing application challenges. All with one thought in mind - to ensure...
March 13, 2024
Introducing the All-In-One DC-UPS, a versatile solution combining multiple functionalities in a single device. Serving as a power supply, battery charger, battery care module,...
March 13, 2024
With experienced Product Engineers and Customer Service personnel, Altech provides solutions to your most pressing application challenges. All with one thought in mind - to ensure...