Drive technologyDanfoss wants to take over UQM Technologies
The Danish Danfoss Group is planning to purchase the US company UQM Technologies via its subsidiary Danfoss Power Solutions. The purchase price is 100 million US dollars. UQM is a manufacturer of electric motors, generators, power electronics and fuel cell compressors.
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<p>Danfoss Power Solutions wants to take over the US company UQM Technologies, which specializes in electric drives and is based in Colorado.</p> © UQM Technologies