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Electric Car Stocks Charged Up; QTWW, TSLA, UQM
Category: Investment, Electric Car, Renewable Energy
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News about UQM Technologies Inc.
New York, NY - June 6, 2012 (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in renewable energy stock research for independent investors, issues an investor alert for electric car stocks trading for June 6th.
Quantum Fuel Systems Technologies Worldwide Inc. (NasdaqGM: QTWW) trading at $0.60, jumping $ 0.04 or (8.09%) as of 11:16AM EDT on 107,000 shares . On Monday it announced announced that it will demonstrate its clean, fuel efficient, Plug-In Hybrid Electric (PHEV) F-150 pickup truck to nation's leading fleet managers at the 2012 Electric Utility Fleet Managers Conference (EUFMC) in Williamsburg, Virginia, June 2-6, 2012. The stock has a 52 week range of $ 0.41 - $6.29.
Tesla Motors, Inc. (NasdaqGS: TSLA) is trading at $29.20, up $1.29 or (4.62%) as of 11:20AM on over 400,000 shares , with a high of $29.30 on the day.
UQM Technologies Inc. (NYSE MKT: UQM) is one of the sector leaders, trading at $1.0040, gaining $ 0.1240 or (14.09%) as of 11:22AM EDT. The Company reported news today that it has begun supplying the PowerPhase HD® 220 electric drive systems to Boulder EV to build delivery vans for FedEx Express.
"We just introduced the PowerPhase HD 220 electric drive system last month at EVS26 and have been selected to power the Boulder EV delivery vans as part of the FedEx Express all-electric fleet of vehicles," said Eric R. Ridenour, UQM Technologies' President and Chief Executive Officer. "Getting our new product out into commercial fleet customers like Boulder EV and FedEx Express is an excellent way to demonstrate its performance and efficiency advantages and will set the foundation for future sales growth."
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