UQM Technologies to be acquired by Danfoss

By Charles Morris 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.
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Source:: https://chargedevs.com/newswire/uqm-technologies-to-be-acquired-by-danfoss/