UQM Technologies, Inc. March 2016

Electric Energy Conversion Solutions

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Forward-Looking Statements

This presentation contains statements that constitute “forward-looking

statements” within the meaning of Section 27A of the Securities Act and

Section 21E of the Securities Exchange Act. These statements appear in a

number of places in this presentation and include statements regarding our

plans, beliefs or current expectations; including those plans, beliefs and

expectations of our officers and directors with respect to, among other things,

gaining required certifications, new product developments, future orders to be

received from our customers, sales of products from inventory, future financial

results, liquidity and the continued growth of the electric-powered vehicle

industry. Important Risk Factors that could cause actual results to differ from

those contained in the forward-looking statements are contained in our Form

10-K and Forms 10-Q, which are available through our website at

www.uqm.com or at www.sec.gov.

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Electric Energy Conversion Solutions

UQM at a Glance

Founded: 1967

Headquarters: Longmont, CO

Employees: 56

Nasdaq Ticker: UQM (NYSE)

Business Snapshot as of March 3, 2016

Stock Price: $ 0.64

Market Cap: $ 31.01M

TTM Revenue: $ 5.08M

Enterprise Value: $ 22.14M

Avg. Daily Volume: 217,631*

Shares Outstanding: 48.44M

Fiscal Year End: March 31

Website: www.uqm.com *Avg. Vol (3 month).

Market Cap of $26.75M with no debt. Broad end-market exposure with focus on the commercial mass transportation market. Strong global footprints with over 40+ years of experience in the EV Market. Strong China focus with short and long-term growth opportunities.

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Electric Energy Conversion Solutions

Leading Energy Technology Company focused on complete energy conversion technology solutions for electric vehicles (all-electric, hybrid electric, plug-in-hybrid) and fuel cell applications. Provides a Complete Electric System Solution with motor, controller and software technology for customers across a variety of different end-markets. Products that offer performance, size, weight, price, efficiency and other functional advantages, superior to other competitive systems. Our Markets include commercial truck, bus ,military, and niche automotive markets.

UQM Overview

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Electric Energy Conversion Solutions

Experienced Management Team

David Rosenthal, Chief Financial Officer 30+ years experience in public and privately held companies Previously Director, President and Chief Executive Officer, Cyanotech Corporation

Joe Mitchell, President & Chief Executive Officer 25+ years experience in senior operational management in the automotive sector 15 years E-drive experience with Continental Auto, Siemens, Ballard Power and Ford Motor Co.

Adrian Schaffer, Vice President of Sales and Business Development 25+ years in sales and marketing in the automotive business Previously VP of Sales for Linamar and sales executive with Motorola in the vehicle market

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Josh Ley, Vice President of Engineering 20+ years engineering experience in automotive sector focused on electric motor design Dual Major, Electrical and Mechanical Engineering, MBA

Electric Energy Conversion Solutions

Key Investment Themes

Strong Cash Position with a clear path to profitability.

World Class Facility with high volume production capacity.

Well-positioned to benefit from continued market adoption of electric vehicles.

The newly formed partnership with ITL Efficiency Corporation positions UQM well to further expand business opportunities in China.

Solid balance sheet with a clear path to profitability.

World-class manufacturing facility with high volume production capacity.

Strong management team with significant industry experience and deep technical knowledge of the motor and controller business.

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Electric Energy Conversion Solutions

Manufacturing Expertise

UQM HQ - 130,000 sq. ft. facility

Flexible assembly lines fully validated for high production volumes

ISO/TS 16949 Certified (highest level quality certification for automotive industry)

ISO 14001 Certified

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Electric Energy Conversion Solutions

Innovative solutions for electrifying vehicles

• To date UQM has invested over $100 Million in E-drive Technology

– US Department of Energy Partnership - $40 Million Contribution

• Multiple State of the Art Product Platforms Ready for deployment

• Advanced Technology Development

– Surface Permanent Magnet and Interior Permanent Magnet motors

– Non-Rare Earth PM motors

– Advanced Software control

– Multiple Patents and IP

• Advanced Test and Validation Infrastructure

• State of the Art Volume Manufacturing Facility

Technology Leadership

Technology and Infrastructure fully funded and in place for UQM to take advantage of this growth market

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Electric Energy Conversion Solutions

Core Technology: The PowerPhase® Technology

Motor- High levels of torque and efficiency, smaller external dimensions and lower weight than competing products. Competitively priced while providing outstanding performances. Controller- High power operation (650 Arms and 750 VDC), four-quadrant control, reduced switching losses (relevant to conventional technology), adaptive switch timing control, controller area network (CAN) capability. Software- Maximized output and efficiency, decrease energy consumption and increase the range of battery electric vehicles. An important part of UQM intellectual property portfolio. Customized- Create motors and controller solutions, tailored to customer-specific requirements.

UP TO 95% TOTAL SYSTEM EFFICIENCY 9

Electric Energy Conversion Solutions

Engineering & Remanufacturing

Compressors, Generators, DC-DC

Buses, Cars, Trucks & Others

Core Business Strategic Areas

Auxiliary Products

Services

Propulsion Systems

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Electric Energy Conversion Solutions

New Products PowerPhase® Technology - Advantages

High Power Density

High Efficiency

High Energy Permanent Magnet

Patented Adaptive Software

Smaller and Lighter Weight

Consumes Less Energy

Higher Performance

Greater RPM Range

A System Greater than the Sum-of-its-Parts

For Motors, Controllers & Software

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Electric Energy Conversion Solutions

Propulsion Systems - Commercial Vehicle Market

PowerPhase Pro® 100

300 Nm peak torque, 160 Nm continuous torque 100 kW peak, 60 kW continuous motor power

PowerPhase Pro® 135

320 Nm peak torque, 160 Nm continuous torque 135 kW peak, 80 kW continuous motor power

Next Generation of PowerPhase® Products

Leading edge features and performance Reduced size for easier packaging Provides higher efficiency across a broader range of operating conditions

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Light- to Medium-Duty* Drive Systems - Main Products

UP TO 95% TOTAL SYSTEM

EFFICIENCY

*Truck, Van and Passenger Car

Electric Energy Conversion Solutions

New Products Propulsion Systems - Commercial Vehicle Market

PowerPhase HD® 220 700 Nm peak torque 220 kW peak, 120 kW continuous motor power Operating voltage from 250 to 440 VDC Maximum speed 6,000 RPM

PowerPhase HD® 950T (High Torque) 950 Nm peak torque 144 kW peak, 100 kW continuous motor power Operating voltage from 250 to 440 VDC Maximum speed 4,500 RPM

PowerPhase HD® 250 900 Nm peak torque 250 kW peak, 150 kW continuous motor power Operating voltage from 450 to 750 VDC Maximum speed 5,500 RPM

UP TO 95% TOTAL SYSTEM

EFFICIENCY

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Medium- and Heavy-Duty* Drive Systems - Main Products

*Bus and Truck

Electric Energy Conversion Solutions

Propulsion Systems - Supply Contracts & Long Term Agreements

• Long term agreement signed in 2013 • All-electric buses with North America mkt focus

• Began refurbish program in late 2012 • 36 unit Hybrid bus fleet with over 4 million miles

• All-electric shuttle vans • Numerous applications from delivery to passenger

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• Long term agreement signed in late 2012 • Fleet of UPS pure EV vehicles in service

• Production Supply for Chinese explosion proof mining vehicles • Initial delivery in CY 2015 with 2016 certification

• 10 year China supply agreement • 2016 certification with volume production in 2017

ITL Efficient Energy Tech

Company Ltd.

Electric Energy Conversion Solutions

Propulsion Systems - Penetrate Numerous EV Applications China

Trucks, Vans

Passenger Cars

Other

Buses

Applications

China China

China

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Electric Energy Conversion Solutions

3 Segment (quick introduction) Propulsion Systems - Commercial Market

Key sector and focus.

China is a significant short term opportunity.

The market provides a key opportunity for volume production and growth.

Medium-heavy duty market is expected to grow from 16,000 in 2014 to nearly 160,000 in 2023 with the majority of this growth in China.

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Electric Energy Conversion Solutions

3 Segment (quick introduction) Propulsion Systems - Technology Advantages in China • Technology adoption curve in China now

favors UQM.

• China subsidies has shifted to emphasize:

– Efficiency and reliability

– Based on kW/h, power density and capacity

• Focus on technology changes the competitive landscape.

• First milestone reached (with ITL).

• A growing interest in our systems in the China market.

High Growth Commercial EV Market

China New Energy Vehicle

Mandates

New Technology

Formula

Favorable Incentives

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Electric Energy Conversion Solutions

• Passenger Cars • Vans and Light Trucks • Front or Rear Drive • Transverse Mount • Vehicle Weight up to

4,000 KG • PP Pro 100/135

• Light to Medium Duty

Bus and Truck Fleets • 6-8 meter buses • Vans Cargo Trucks • Rear wheel Drive • Vehicle Weights Up to

7,000 KG • PP Pro 135/HD 220

New Products Propulsion Systems - UQM Customers On The Road

6-8 Meter Bus & Medium duty Truck

10-12 Meter Bus and Heavy duty Truck

Automotive & Light Truck

• Large Buses • Medium and Heavy

Duty work Trucks • Refuse Trucks • Large Cargo Trucks • Vehicle Weights Up to

18,000 KG • HD 220/ HD250

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Electric Energy Conversion Solutions

3 Segment (quick introduction) Auxiliary Products

Fuel Cell Compressor Systems

Generators & Integrated Systems

Aircraft AC System Motors

• Key component of hydrogen powered fuel cell vehicles.

• Designed for light duty automotive/commercial bus application for 75kW-150kW fuel cell stacks.

• Long term durability, low lifetime operational cost.

• Products, R340 and R410.

• Engineered to perform as both motor and generator (PowerPhase Systems).

• Features: user selectable torque and speed control, liquid cooled, built-in safety features,

application-friendly graphic user interface and diagnostic software and real time data

logging.

• Air conditioning compressor drive systems.

• Integrated motor/inverter/controller contained in one compact package.

• Capable of operating up to 8,000 rpm.

DC-DC Converters • Small and lightweight converters, operate over voltage range of 250-425 VDC.

• Products: DC12-120L, DC12-160L, DC24-60L and DC24-80L.

• Hybrid and Full Electric Applications.

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Electric Energy Conversion Solutions

Services

Renewed Focus Within The Company

Continuing execution on the non-rare

earth project funded by the DOE.

Continuing to pursue other

opportunities for funded engineering,

aligning with and support the UQM

technology roadmap for future

product applications.

Multiple remanufacturing contracts with

Air Comm, RTD and Ballard.

Funded Engineering

Remanufacturing

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Electric Energy Conversion Solutions

Key revenue and profit center

moving forward.

After Sales Support

Financial Overview Summary

Revenue growth with current customer base and new opportunities

Strong product contribution margin (>50%)

Flat SG&A

Solid balance sheet with no debt

No current tax obligations (NOL)

The business model has significant operating leverage

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Electric Energy Conversion Solutions

UQM Technologies, Inc. March 2016

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Electric Energy Conversion Solutions