16:25:28 EDT Sun 05 May 2024
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Ballard Power Systems Inc
Symbol BLDP
Shares Issued 299,286,635
Close 2024-04-15 C$ 3.85
Market Cap C$ 1,152,253,545
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Ballard Power receives orders for 70 FCmove-HD engines

2024-04-16 15:04 ET - News Release

Mr. Oben Uluc reports

BALLARD ANNOUNCES ORDERS FOR 70 HYDROGEN FUEL CELL ENGINES FOR DELIVERY TO WRIGHTBUS IN 2024

Ballard Power Systems Inc. has received multiple purchase orders totalling 70 FCmove-HD hydrogen fuel cell engines from its customer Wrightbus, a United Kingdom based bus manufacturer deploying hydrogen-powered buses in the United Kingdom and Europe. Ballard expects delivery of the fuel cell engines to occur in 2024 and the buses to enter into service in 2025. The hydrogen fuel cell engines will power single-decker and double-decker buses in the United Kingdom and Germany.

"We are pleased to strengthen our relationship with Wrightbus and support their deployment of an increasing volume of hydrogen-powered transit buses across the U.K. and Europe," said Oben Uluc, vice-president, sales and marketing, EMEA (Europe, the Middle East and Africa). "We are seeing broader market acceptance of fuel cell buses by European transit operators seeking to decarbonize their operations with a technology approach that enables long-range, fast-refuelling and scalable refuelling infrastructure."

About Ballard Power Systems Inc.

Ballard Power's vision is to deliver fuel cell power for a sustainable planet. Ballard zero-emission PEM fuel cells are enabling electrification of mobility, including buses, commercial trucks, trains, marine vessels and stationary power.

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