| **Exhibit 10.22**Share Purchase Agreement
This    Agreement is entered into on the 13th of February 2004 by and between **UQM Technologies,    Inc**., a company duly organized and existing under the laws of United States with its    principal place of business at 7501 Miller Drive, P.O. Box 439, Frederick, Colorado 80530,    U.S.A. (hereinafter referred to as "Seller") and **LEE, Chi-Cheng**,

3F, 1, Alley 28, Lane 430, Yanping Rd., Sec. 2, Pingjen City, Taoyuan,    Taiwan 324 R.O.C. (hereinafter referred to as "Buyer"). The Buyer and the Seller    are hereinafter individually referred to as the "Party", and collectively    referred to as "Parties".
Whereas the    Seller holds 7,605,000 shares in Taiwan UQM Electric Co., Ltd., a corporation duly    organized and existing under the laws of R.O.C., having its registered office at No.1,    Ta-Tung 1 Rd., Kuan-Yin Ind. Park, Tao-Yuan Hsien, Taiwan, R.O.C. (hereinafter referred to    as "COMPANY"),
Whereas the    Seller wants to sell 7,605,000 (in words: seven million six hundred five thousand) of his    shares in the COMPANY (the "SHARES") to the Buyer and the Buyer is willing to    buy the SHARES from the Seller.Now therefore the Parties agree as    follows:**1.**Sale and Transfer of SHARES****1.1
The Seller    hereby sells to the Buyer and the Buyer hereby buys the SHARES from the seller.**1.2
The purchase    price for the SHARES shall be 2.00 NTD/share (in words: two New Taiwan Dollars Per share),    in total 15,210,000 NTD (in words: fifteen million two hundred ten thousand New Taiwan    Dollars) (the "Purchase Price").The Purchase Price shall be paid    according to section 2 hereof.**1.3
Within two (2)    days after the execution of this Agreement, the Buyer shall remit the amount in US dollars    equivalent to the amount of 330,000 NTD. (in words: three hundred and thirty thousand New    Taiwan Dollars) (the "Earnest Money") into the Seller's bank account as beneath.    In the event that the Closing (as defined below) is not completed for any reasons other    than the Seller's refusal to complete the Closing, the Buyer agrees that the Earnest Money    shall be forfeited in full by the Seller, and this represents a reasonable penalty for the    Buyer's failure to fulfill its obligation under this Agreement. In the event that the    Closing takes place in accordance with this Agreement, the Earnest Money shall be applied    to the Purchase Price, and the amount of the Proceeds (as defined below) to be remitted by    the Buyer to the Seller at the Closing Date (as defined below) shall be reduced by the    amount of the Earnest Money.**2.**Closing**
The Seller and    Buyer agree that within ten (10) days after the date of this Agreement the closing of this    transaction (the "Closing") shall take place at the office of Jones Day in    Taipei at the date agreed by the Parties thereafter (the "Closing Date"). At the    Closing Date, the Buyer shall remit the amount in US dollars equivalent to the amount of    15,164,370 NTD (in words: fifteen million one hundred sixty four thousand three hundred    seventy New Taiwan Dollars) (the "Proceeds", 99.7% of the Purchase Price) into    the Seller's bank account as beneath. The US dollars to be remitted will be determined by    the prevailing market rate for the sale of New Taiwan Dollars and purchase of US Dollars    as quoted by Macoto Bank on the Closing Date
Union Colony    Bank
ABA 107003353
Acct 30-65934
For the further    credit of UQM Technologies, Inc.**2.1At the Closing:**(a)The Buyer shall deliver the    certificate issued by the Buyer's bank acknowledging and certifying that 
the proceeds    has been transferred into the aforementioned Seller's bank account and will be allocated    to the purchase of the SHARES and present the payment receipt of the Securities    Transaction Tax.**(b)
The Seller    shall deliver share certificates representing the SHARES to the Buyer along with all 
relevant share    transfer documents which are required under the laws of the Taiwan, R.O.C. in order to    effect a transfer of shares in a company incorporated in the Taiwan, R.O.C. Such share    certificates shall be duly endorsed by the Seller to the Buyer at the time of delivery.**2.2On the Closing Date, the Buyer    shall remit the amount of 45,630 NTD (in words: forty five thousand six 
hundred thirty    New Taiwan Dollars) for the Securities Transaction Tax (0.3% of the "Purchase    Price") to the relevant authority on request of said authority. The Seller shall    assist the Buyer to effect the registration of the transfer of the SHARES with the COMPANY    promptly after the Closing Date of the SHARES**3.**Seller's Warranties**
The Seller    warrants that he is the lawful owner of the SHARES, that the SHARES are fully paid up and    not pledged or otherwise used as a security for third parties, that no third parties have    any legitimate claim against the SHARES and that the transfer of the SHARES and    performance of any other obligations under this Agreement will not contravene any    agreements between the Seller and any third parties**4.**Buyer's Warranties**
The Buyer    represents and warrants to the Seller that he has full power and authority to enter into    this Agreement, and to perform the terms, conditions and obligations hereof. The    execution, delivery and performance of this Agreement does not, and
the purchase of    the SHARES by the Buyer, will not, violate any provision of any existing law, or any    agreement or instrument of the Buyer or by which the Buyer may be bound. This Agreement    constitutes the valid and legally binding obligation of the Buyer enforceable in    accordance with its terms.**5.**Miscellaneous**5.1
Taxes, Fees and    Expenses
Unless    otherwise agreed by the Parties in this Agreement, Each Party shall bear its own taxes,    fees and expenses incurred in connection with this transaction**5.2
Notices.
Any notice    given hereunder shall be in writing and may be delivered personally with written    acknowledgment of receipt, or may be sent by facsimile with a confirming copy sent by    registered airmail, postage prepaid, or by registered airmail, postage prepaid and return    receipt requested, addressed as follows:
(a)
If to the    Seller:
7501 Miller    Drive, P.O. Box 439

Frederick, Colorado 80530

Fax: 303-278- 7007
(b)
) If to the    Buyer:
3F, 1, Alley 28,    Lane 430, Yanping Rd., Sec. 2,

Pingjen City, Taoyuan, Taiwan 324 R.O.C.

Fax: 866-2-2776-1937
or to such    other address as either Party may have furnished in writing to the other party in the    manner provided above.**5.3
Governing Law
This Agreement    and the rights and obligations of the Parties hereunder shall be governed by and construed    in accordance with the laws of the Taiwan, R.O.C.**5.4
Dispute    Settlement
In the event of    a dispute arising out of, or relating to, this Agreement, or any modification or extension    thereof, the Parties hereto shall negotiate in good faith to resolve such dispute. In the    event that the Parties are unable to resolve the dispute through negotiations within 30    days after such dispute arises, both Parties agree that Taipei District Court has the    exclusive jurisdiction of first instance to settle such dispute.**5.5
Captions
The captions    used in this Agreement are for convenience only and shall not be considered a part of or    affect the construction or interpretation of any provision of this Agreement.**5.6
Counterparts
This Agreement    may be executed in any number of counterparts, each of which shall constitute an original    hereof, but all of which together shall constitute one agreement.**5.7
Successors and    Assigns
No Party may    assign any of its rights or obligations under this Agreement without the prior express    written consent of the other party. This Agreement shall be binding upon and inure to the    benefit of the respective successors and permitted assigns of the Parties hereto.**5.8
Entire    Agreement
This Agreement    shall supersede any and all prior agreements, documents or other instruments with respect    to the transaction contemplated herein. No variation or modification of this Agreement and    no waiver of any of the provisions and conditions hereof, or granting of any consent    contemplated hereby, shall be valid unless in writing and signed by the Party against whom    enforcement of any such variation, modification, waiver or consent is sought.
IN WITNESS    WHEREOF, the Parties have caused this Agreement to be executed on the date first above    written.
The    Seller:
The Buyer:
UQM    Technologies, Inc.
/s/William    G. Rankin
/s/Lee, Chi-Chen
William    G Rankin
LEE, Chi-Chen
Chairman,    President & CEO
Taiwan/ROC
Colorado/USA
Witness by:
/s/Woody Chang
Woody Chang
Taiwan/ROC
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