<html>

<head>
<title>Form S-8, 2002 Option Plan</title>
</head>

<body>

<p align="right">As filed with the Securities and Exchange Commission on October 26, 2005<br>
</p>

<p align="center">UNITED STATES<br>
SECURITIES AND EXCHANGE COMMISSION<br>
Washington, D.C. 20549</p>

<p align="center">FORM S-8</p>

<p align="center">REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933</p>

<p align="center">&nbsp;</p>

<p align="center"><strong>UQM TECHNOLOGIES, INC.</strong><br>
<font size="2">(Exact name of registrant as specified in its charter)</font></p>
<div align="center"><center>

<table cellSpacing="0" cellPadding="7" width="638" border="0">
  <tr>
    <td vAlign="top" width="50%"><strong>Colorado</strong><br>
    <font size="2">(State or Other Jurisdiction of<br>
    Incorporation or Organization)</font></td>
    <td vAlign="top" width="50%"><strong>84-0579156</strong><br>
    <font size="2">(I.R.S. Employer Identification Number)</font></td>
  </tr>
</table>
</center></div>

<dir>
  <dir>
    <blockquote>
      <p>&nbsp; </p>
    </blockquote>
  </dir>
</dir>
<div align="center"><center>

<table cellSpacing="0" cellPadding="7" width="638" border="0">
  <tr>
    <td vAlign="top" width="50%"><strong>7501 Miller Drive,
    Frederick,&nbsp;Colorado&nbsp;&nbsp; &nbsp;&nbsp;</strong><br>
    <font size="2">(Address of principal executive offices)</font></td>
    <td vAlign="top" width="50%"><strong>80530</strong><br>
    <font size="2">(Zip Code)</font></td>
  </tr>
</table>
</center></div>

<dir>
  <dir>
    <blockquote>
      <p>&nbsp; </p>
    </blockquote>
  </dir>
</dir>

<p align="center"><strong>UQM Technologies, Inc. 2002 Equity Incentive Plan</strong><br>
<font size="2">(Full title of plan)</font></p>

<p align="center"><strong>Donald A. French, Treasurer&nbsp;<br>
7501 Miller Drive, Frederick,&nbsp;Colorado&nbsp;&nbsp; &nbsp;&nbsp;80530</strong><br>
<font size="2">(Name and address of agent for service)</font></p>

<p align="center"><br>
<strong>(303) 278-2002</strong><br>
<font size="2">(Telephone number, including area code, of agent for service)</font></p>

<p align="center">&nbsp;</p>

<p align="center"><font size="2">Copy to:<br>
</font>Nick Nimmo, Esq.<br>
Holme Roberts &amp; Owen LLP<br>
1700 Lincoln Street, Suite 4100<br>
Denver, Colorado 80203<br>
(303) 861-7000</p>
<font size="2">

<p align="center">CALCULATION OF REGISTRATION FEE</font></p>

<p align="center">&nbsp;</p>

<table cellSpacing="0" cellPadding="7" width="638" border="0">
  <tr>
    <td vAlign="top" width="20%"><font size="2"><p align="center">TITLE OF SECURITIES TO BE
    REGISTERED</font></td>
    <td vAlign="top" width="20%"><font size="2"><p align="center">AMOUNT TO BE REGISTERED</font></td>
    <td vAlign="top" width="20%"><font size="2"><p align="center">PROPOSED MAXIMUM OFFERING
    PRICE PER SHARE (1)</font></td>
    <td vAlign="top" width="20%"><font size="2"><p align="center">PROPOSED MAXIMUM AGGREGATE
    OFFERING PRICE(1)</font></td>
    <td vAlign="top" width="20%"><font size="2"><p align="center">AMOUNT OF REGISTRATION FEE</font></td>
  </tr>
  <tr>
    <td vAlign="top" width="20%"><font size="2">Common Stock</font></td>
    <td vAlign="top" width="20%"><font size="2"><p align="center">1,500,000 shares</font></td>
    <td vAlign="top" width="20%"><font size="2"><p align="center">$3.59</font></td>
    <td vAlign="top" width="20%"><p align="center"><font size="2">$5,385,000.00</font></td>
    <td vAlign="top" width="20%"><p align="center"><font size="2">$633.81</font></td>
  </tr>
</table>
<font size="1">

<p>(1) Estimated solely for the purpose of calculating the amount of the registration fee
pursuant to Rule 457(h) on the basis of the average of the high and low sales prices of
the Registrant's Common<br>
&nbsp;&nbsp;&nbsp;&nbsp; Stock on October 21, 2005, as reported on the American Stock
Exchange.</p>

<p>&nbsp;</p>
</font>

<hr>

<p align="center"><strong>Explanatory Note</strong></p>

<p>We are filing this Registration Statement to register an additional 1,500,000 shares of
our common stock, par value $0.01 per share (the &quot;Common Stock&quot;), for issuance
under the UQM Technologies, Inc. 2002 Equity Incentive Plan (the &quot;Plan&quot;). The
increase in the number of shares authorized for issuance under the Plan, as well as
certain other amendments to the Plan that are described in our definitive proxy statement
for our 2005 annual meeting of shareholders, were approved by our shareholders at our 2005
annual meeting held on July 28, 2005. The full text of the Plan, as amended by that
shareholder approval, will be sent to employees pursuant to Rule 428(b)(1) promulgated by
the Securities and Exchange Commission (the &#147;Commission&#148;) under the Securities
Act of 1933, as amended (the &quot;Securities Act&quot;), and is available on the
Commission&#146;s website as an exhibit to our Current Report on Form 8-K, filed with the
Commission on August 11, 2005. We previously filed a registration statement on Form S-8
(Reg. No. 333-109779) on November 21, 2002 covering 1,500,000 shares of our Common Stock
authorized for issuance under the original version of the Plan. Pursuant to General
Instruction E to Form S-8, the contents of that earlier registration statement, including
the periodic and current reports that we filed with the Commission after the effectiveness
of the earlier registration statement, are incorporated herein by reference except to the
extent supplemented, amended or superseded by the information set forth herein. Only those
Items of Form S-8 containing new information not contained in the earlier registration
statement are presented herein. </p>

<p>&nbsp;</p>

<hr>
<b>

<p align="center">PART I<br>
<br>
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</p>
</b>

<p><br>
The information called for in Part I of Form S-8 is not being filed with or included in
this Registration Statement on Form S-8 (by incorporation, by<br>
reference or otherwise) in accordance with the rules and regulations of the Securities and
Exchange Commission.</p>

<p align="center"><br>
<br>
<b>PART II<br>
<br>
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</p>
</b>

<p><br>
<br>
<b>Item 3. Incorporation of Documents by Reference</b><br>
<br>
The following documents filed by UQM with the SEC are incorporated herein by reference:</p>

<blockquote>
  <p>- UQM's <a
  href="http://www.sec.gov/Archives/edgar/data/315449/000031544905000007/0000315449-05-000007-index.htm">Annual
  Report on Form 10-K for the year ended March 31, 2005</a>, filed May 27, 2005; </p>
</blockquote>

<blockquote>
  <p>- UQM's <a
  href="http://www.sec.gov/Archives/edgar/data/315449/000031544905000022/0000315449-05-000022-index.htm">Quarterly
  Report on Form 10-Q for the quarter ended June 30, 2005</a>, filed August 3, 2005; </p>
</blockquote>

<blockquote>
  <p>- UQM's Current Reports on Form 8-K filed <a
  href="http://www.sec.gov/Archives/edgar/data/315449/000031544905000011/0000315449-05-000011-index.htm">June
  30, 2005</a>,&nbsp; <a
  href="http://www.sec.gov/Archives/edgar/data/315449/000031544905000018/0000315449-05-000018-index.htm">July&nbsp;25,
  2005</a> and <a
  href="http://www.sec.gov/Archives/edgar/data/315449/000089973305000042/0000899733-05-000042-index.htm">August
  12, 2005</a>; </p>
</blockquote>

<blockquote>
  <p>- the description of UQM's common stock contained in its Form 8-A, file no. 1-10869. </p>
</blockquote>

<p><br>
In addition, all documents filed by UQM pursuant to Section 13(a), 13(c), 14 or 15(d) of
the Exchange Act after the date of this registration<br>
statement and prior to the filing of a post-effective amendment which indicates that all
securities offered have been sold or which deregisters<br>
all securities then remaining unsold, shall be deemed to be incorporated by reference in
this registration statement and to be a part of it from the<br>
respective dates of filing such documents. Any statement contained in a document
incorporated or deemed to be incorporated by reference herein<br>
shall be deemed to be modified or superseded for purposes of this registration statement
to the extent that a statement contained herein or<br>
in any other subsequently filed document which also is or is deemed to be incorporated by
reference herein modifies or supersedes such statement. Any<br>
such statement so modified or superseded shall not be deemed, except as so modified or
superseded, to constitute a part of this registration statement.</p>

<p><strong>Item 5. Interests of Named Experts and Counsel </strong></p>

<p>Certain legal matters with respect to the issuance of the securities offered hereby
will be passed upon for us by Holme Roberts &amp; Owen LLP. </p>

<p>&nbsp;</p>

<table cellSpacing="0" width="624" border="0">
  <tr>
    <td vAlign="center" width="9%"><b>Item 8.</b></td>
    <td vAlign="center" width="91%"><b>Exhibits</b></td>
  </tr>
  <tr>
    <td vAlign="center" width="9%">5.1</td>
    <td vAlign="center" width="91%">&nbsp;Legal Opinion of Holme Roberts &amp; Owen LLP</td>
  </tr>
  <tr>
    <td vAlign="center" width="9%">23.1</td>
    <td vAlign="center" width="91%">Consent of Grant Thornton LLP</td>
  </tr>
  <tr>
    <td vAlign="center" width="9%">23.2</td>
    <td vAlign="center" width="91%">Consent of KPMG LLP</td>
  </tr>
  <tr>
    <td vAlign="center" width="9%">23.3</td>
    <td vAlign="center" width="91%">Consent of Holme Roberts &amp; Owen LLP is included in
    Exhibit 5.1</td>
  </tr>
  <tr>
    <td vAlign="center" width="9%">24.1</td>
    <td vAlign="center" width="91%">Power of Attorney (included on the signature pages).</td>
  </tr>
</table>

<p>&nbsp;</p>

<hr>

<p>&nbsp;</p>
<b>

<p align="center">SIGNATURES</p>
</b>

<p>Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies
that it has reasonable grounds to believe that it meets all of the requirements for filing
on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by
the undersigned, thereunto duly authorized, in Frederick, Colorado, on the 25th day of
October, 2005.

<dir>
  <dir>
    <blockquote>
      <p>UQM TECHNOLOGIES, INC. </p>
    </blockquote>
    <blockquote>
      <p>By <u>/s/ Donald A. French&nbsp;</u><br>
      Donald A. French<br>
      Treasurer </p>
    </blockquote>
  </dir>
</dir>
<b>

<p align="center">POWER OF ATTORNEY</p>
</b>

<p>Each person whose signature appears below does hereby make, constitute and appoint
WILLIAM G. RANKIN and DONALD A. FRENCH, and each of them, his true and lawful
attorney-in-fact and agent, with full power of substitution and resubstitution to execute,
deliver and file with the Securities and Exchange Commission, for and on his behalf, and
in any and all capacities, any and all amendments (including post-effective amendments) to
this Registration Statement with all exhibits thereto and other documents in connection
therewith, granting unto said attorney-in-fact and agent full power and authority to do
and perform each and every act and thing requisite and necessary to be done as fully to
all intents and purposes as he might or could do in person, hereby ratifying and
confirming all that said attorney-in-fact and agent or his substitute may lawfully do or
cause to be done by virtue hereof.</p>

<p>Pursuant to the requirements of the Securities Act of 1933, this Registration Statement
has been signed by the following persons in the capacities and on the dates indicated.</p>

<table cellSpacing="0" cellPadding="7" width="589" border="0">
  <tr>
    <td vAlign="top" width="232" height="29"><font size="3"><b>Signatures</b></font></td>
    <td vAlign="top" width="174" height="29"><font size="3"><b>Title</b></font></td>
    <td vAlign="top" width="141" height="29"><font size="3"><b>Date</b></font></td>
  </tr>
  <tr>
    <td vAlign="top" width="232" height="29"><hr>
    </td>
    <td vAlign="top" width="174" height="29"><hr>
    </td>
    <td vAlign="top" width="141" height="29"><hr>
    </td>
  </tr>
  <tr>
    <td vAlign="top" width="232" height="49"><font size="3"><u>/s/ William G. Rankin<br>
    </u>William G. Rankin</font></td>
    <td vAlign="top" width="174" height="49"><font size="3">Chairman of the Board of<br>
    Directors and President (Principal Executive Officer)</font></td>
    <td vAlign="top" width="141" height="49">October<font size="3"> 25, 2005</font></td>
  </tr>
  <tr>
    <td vAlign="top" width="232" height="48"><font size="3"><u>/s/ Donald A. French<br>
    </u>Donald A. French</font></td>
    <td vAlign="top" width="174" height="48"><font size="3">Treasurer and Secretary (Principal
    Financial and Accounting Officer)</font></td>
    <td vAlign="top" width="141" height="48">October<font size="3"> 25, 2005</font></td>
  </tr>
  <tr>
    <td vAlign="top" width="232" height="46"><font size="3"><u>/s/ Ernest H. Drew<br>
    </u>Ernest H. Drew</font></td>
    <td vAlign="top" width="174" height="46"><font size="3">Director</font></td>
    <td vAlign="top" width="141" height="46">October<font size="3"> 25, 2005</font></td>
  </tr>
  <tr>
    <td vAlign="top" width="232" height="45"><font size="3"><u>/s/ Stephen J. Roy</u> <u><br>
    </u>Stephen J. Roy</font></td>
    <td vAlign="top" width="174" height="45"><font size="3">Director</font></td>
    <td vAlign="top" width="141" height="45">October<font size="3"> 25, 2005</font></td>
  </tr>
  <tr>
    <td vAlign="top" width="232" height="50"><font size="3"><u>/s/ Donald W. Vanlandingham <br>
    </u>Donald W. Vanlandingham</font></td>
    <td vAlign="top" width="174" height="50"><font size="3">Director</font></td>
    <td vAlign="top" width="141" height="50">October<font size="3"> 25, 2005</font></td>
  </tr>
  <tr>
    <td width="232"><font size="3"><u>/s/ Jerome H. Granrud<br>
    </u>Jerome H. Granrud</font></td>
    <td width="174"><font size="3">Director</font></td>
    <td width="141">October<font size="3"> 25, 2005</font></td>
  </tr>
</table>
<u>

<p align="center">&nbsp;</p>
</u>

<p align="center"><u>EXHIBIT INDEX</u></p>

<table cellSpacing="0" width="624" border="0">
  <tr>
    <td vAlign="center" width="9%"><b>Item 8.</b></td>
    <td vAlign="center" width="91%"><b>Exhibits</b></td>
  </tr>
  <tr>
    <td vAlign="center" width="9%">5.1</td>
    <td vAlign="center" width="91%">&nbsp;Legal Opinion of Holme Roberts &amp; Owen LLP</td>
  </tr>
  <tr>
    <td vAlign="center" width="9%">23.1</td>
    <td vAlign="center" width="91%">Consent of Grant Thornton LLP</td>
  </tr>
  <tr>
    <td vAlign="center" width="9%">23.2</td>
    <td vAlign="center" width="91%">Consent of KPMG LLP</td>
  </tr>
  <tr>
    <td vAlign="center" width="9%">23.3</td>
    <td vAlign="center" width="91%">Consent of Holme Roberts &amp; Owen LLP is included in
    Exhibit 5.1</td>
  </tr>
  <tr>
    <td vAlign="center" width="9%">24.1</td>
    <td vAlign="center" width="91%">Power of Attorney (included on the signature pages).</td>
  </tr>
</table>
</body>
</html>
[{"type": "S-8", "sequence": "1", "filename": "s82002.htm", "description": "FORM S-8, 2002 EQUITY INCENTIVE PLAN", "secsgml_size_bytes": 14991}]
{"company-data": {"conformed-name": "UQM TECHNOLOGIES INC", "cik": "0000315449", "assigned-sic": "3679", "irs-number": "840579156", "state-of-incorporation": "CO", "fiscal-year-end": "0331"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-129251", "film-number": "051157039"}, "business-address": {"street1": "7501 MILLER DRIVE", "street2": "P.O. BOX 439", "city": "FREDERICK", "state": "CO", "zip": "80530", "phone": "3032782002"}, "mail-address": {"street1": "7501 MILLER DRIVE", "street2": "P.O. BOX 439", "city": "FREDERICK", "state": "CO", "zip": "80530"}}
Form S-8, 2002 Option Plan
As filed with the Securities and Exchange Commission on October 26, 2005
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
UQM TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)
Colorado
(State or Other Jurisdiction of
Incorporation or Organization)
84-0579156
(I.R.S. Employer Identification Number)
7501 Miller Drive,
    Frederick, Colorado
(Address of principal executive offices)
80530
(Zip Code)
UQM Technologies, Inc. 2002 Equity Incentive Plan
(Full title of plan)
Donald A. French, Treasurer
7501 Miller Drive, Frederick, Colorado     80530
(Name and address of agent for service)
(303) 278-2002
(Telephone number, including area code, of agent for service)
Copy to:
Nick Nimmo, Esq.
Holme Roberts & Owen LLP
1700 Lincoln Street, Suite 4100
Denver, Colorado 80203
(303) 861-7000
CALCULATION OF REGISTRATION FEE
TITLE OF SECURITIES TO BE
    REGISTERED
AMOUNT TO BE REGISTERED
PROPOSED MAXIMUM OFFERING
    PRICE PER SHARE (1)
PROPOSED MAXIMUM AGGREGATE
    OFFERING PRICE(1)
AMOUNT OF REGISTRATION FEE
Common Stock
1,500,000 shares
$3.59
$5,385,000.00
$633.81
(1) Estimated solely for the purpose of calculating the amount of the registration fee
pursuant to Rule 457(h) on the basis of the average of the high and low sales prices of
the Registrant's Common
Stock on October 21, 2005, as reported on the American Stock
Exchange.
Explanatory Note
We are filing this Registration Statement to register an additional 1,500,000 shares of
our common stock, par value $0.01 per share (the "Common Stock"), for issuance
under the UQM Technologies, Inc. 2002 Equity Incentive Plan (the "Plan"). The
increase in the number of shares authorized for issuance under the Plan, as well as
certain other amendments to the Plan that are described in our definitive proxy statement
for our 2005 annual meeting of shareholders, were approved by our shareholders at our 2005
annual meeting held on July 28, 2005. The full text of the Plan, as amended by that
shareholder approval, will be sent to employees pursuant to Rule 428(b)(1) promulgated by
the Securities and Exchange Commission (the "Commission") under the Securities
Act of 1933, as amended (the "Securities Act"), and is available on the
Commission's website as an exhibit to our Current Report on Form 8-K, filed with the
Commission on August 11, 2005. We previously filed a registration statement on Form S-8
(Reg. No. 333-109779) on November 21, 2002 covering 1,500,000 shares of our Common Stock
authorized for issuance under the original version of the Plan. Pursuant to General
Instruction E to Form S-8, the contents of that earlier registration statement, including
the periodic and current reports that we filed with the Commission after the effectiveness
of the earlier registration statement, are incorporated herein by reference except to the
extent supplemented, amended or superseded by the information set forth herein. Only those
Items of Form S-8 containing new information not contained in the earlier registration
statement are presented herein.
PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
The information called for in Part I of Form S-8 is not being filed with or included in
this Registration Statement on Form S-8 (by incorporation, by
reference or otherwise) in accordance with the rules and regulations of the Securities and
Exchange Commission.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference
The following documents filed by UQM with the SEC are incorporated herein by reference:
- UQM's
Annual
  Report on Form 10-K for the year ended March 31, 2005
, filed May 27, 2005;
- UQM's
Quarterly
  Report on Form 10-Q for the quarter ended June 30, 2005
, filed August 3, 2005;
- UQM's Current Reports on Form 8-K filed
June
  30, 2005
,
July 25,
  2005
and
August
  12, 2005
;
- the description of UQM's common stock contained in its Form 8-A, file no. 1-10869.
In addition, all documents filed by UQM pursuant to Section 13(a), 13(c), 14 or 15(d) of
the Exchange Act after the date of this registration
statement and prior to the filing of a post-effective amendment which indicates that all
securities offered have been sold or which deregisters
all securities then remaining unsold, shall be deemed to be incorporated by reference in
this registration statement and to be a part of it from the
respective dates of filing such documents. Any statement contained in a document
incorporated or deemed to be incorporated by reference herein
shall be deemed to be modified or superseded for purposes of this registration statement
to the extent that a statement contained herein or
in any other subsequently filed document which also is or is deemed to be incorporated by
reference herein modifies or supersedes such statement. Any
such statement so modified or superseded shall not be deemed, except as so modified or
superseded, to constitute a part of this registration statement.
Item 5. Interests of Named Experts and Counsel
Certain legal matters with respect to the issuance of the securities offered hereby
will be passed upon for us by Holme Roberts & Owen LLP.
Item 8.
Exhibits
5.1
Legal Opinion of Holme Roberts & Owen LLP
23.1
Consent of Grant Thornton LLP
23.2
Consent of KPMG LLP
23.3
Consent of Holme Roberts & Owen LLP is included in
    Exhibit 5.1
24.1
Power of Attorney (included on the signature pages).
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies
that it has reasonable grounds to believe that it meets all of the requirements for filing
on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by
the undersigned, thereunto duly authorized, in Frederick, Colorado, on the 25th day of
October, 2005.
UQM TECHNOLOGIES, INC.
By
/s/ Donald A. French
Donald A. French
Treasurer
POWER OF ATTORNEY
Each person whose signature appears below does hereby make, constitute and appoint
WILLIAM G. RANKIN and DONALD A. FRENCH, and each of them, his true and lawful
attorney-in-fact and agent, with full power of substitution and resubstitution to execute,
deliver and file with the Securities and Exchange Commission, for and on his behalf, and
in any and all capacities, any and all amendments (including post-effective amendments) to
this Registration Statement with all exhibits thereto and other documents in connection
therewith, granting unto said attorney-in-fact and agent full power and authority to do
and perform each and every act and thing requisite and necessary to be done as fully to
all intents and purposes as he might or could do in person, hereby ratifying and
confirming all that said attorney-in-fact and agent or his substitute may lawfully do or
cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, this Registration Statement
has been signed by the following persons in the capacities and on the dates indicated.
Signatures
Title
Date
/s/ William G. Rankin
William G. Rankin
Chairman of the Board of
Directors and President (Principal Executive Officer)
October
25, 2005
/s/ Donald A. French
Donald A. French
Treasurer and Secretary (Principal
    Financial and Accounting Officer)
October
25, 2005
/s/ Ernest H. Drew
Ernest H. Drew
Director
October
25, 2005
/s/ Stephen J. Roy
Stephen J. Roy
Director
October
25, 2005
/s/ Donald W. Vanlandingham
Donald W. Vanlandingham
Director
October
25, 2005
/s/ Jerome H. Granrud
Jerome H. Granrud
Director
October
25, 2005
EXHIBIT INDEX
Item 8.
Exhibits
5.1
Legal Opinion of Holme Roberts & Owen LLP
23.1
Consent of Grant Thornton LLP
23.2
Consent of KPMG LLP
23.3
Consent of Holme Roberts & Owen LLP is included in
    Exhibit 5.1
24.1
Power of Attorney (included on the signature pages).