Ballard Power Systems

DGAP-News: Pure Extraction Corp.: PURX SIGNS TWO DEFINITIVE AGREEMENTS WITH AVL POWERTRAIN UK AND BALLARD POWER SYSTEMS INC.

Friday, June 11, 2021 - 9:00am

PURX SIGNS TWO DEFINITIVE AGREEMENTS WITH AVL POWERTRAIN UK AND BALLARD POWER SYSTEMS INC.

Key Points: 
  • PURX SIGNS TWO DEFINITIVE AGREEMENTS WITH AVL POWERTRAIN UK AND BALLARD POWER SYSTEMS INC.
    June 11, 2021 - Vancouver, British Columbia - Pure Extraction Corp. ("Purx" or the "Company") is pleased to announce further to its news release dated April 1, 2021, it has entered into definitive agreements with AVL Powertrain UK Limited ("AVL") and Ballard Power Systems Inc. ("Ballard").
  • Ballard develops and manufactures proton exchange membrane fuel cell products for markets such as heavy-duty motive, portable power, material handling as well as providing technology solutions services.
  • Ballard will be providing support and integration of its hydrogen fuel cell module for First Hydrogen's prototype light commercial vehicle.
  • AVL Powertrain UK Limited is part of the AVL Group which is the world's largest independent company for development, simulation and testing in the automotive industry, and in other sectors.

Ballard and Gore Team Up to Advance Fuel Cell Growth

Wednesday, June 9, 2021 - 3:00pm

Ballard Power Systems and W. L. Gore & Associates announce an agreement to empower advancements in fuel cell technologies.

Key Points: 
  • Ballard Power Systems and W. L. Gore & Associates announce an agreement to empower advancements in fuel cell technologies.
  • SHANGHAI, June 9, 2021 /PRNewswire/ --A multi-year fuel cell supply agreement was announced today between Ballard Power Systems and W. L. Gore & Associates.
  • A signing ceremony at the 6th International Hydrogen Fuel Cell Vehicle Congress (FCVC 2021) honored the two companies' prior collaborations and supply partnerships, while commemorating their new commitment to advance the benefits and applications of fuel cell technologies.
  • For more about Ballard's Fuel Cell Solutions:
    For more about the GORE-SELECT Membrane: gore.com/fuelcells3
    Ballard Power Systems' vision is to deliver fuel cell power for a sustainable planet.

Ballard and Gore Team up to Advance Fuel Cell Growth

Wednesday, June 9, 2021 - 12:45pm

Ballard Power Systems and W. L. Gore & Associates announce an agreement to empower advancements in fuel cell technologies.

Key Points: 
  • Ballard Power Systems and W. L. Gore & Associates announce an agreement to empower advancements in fuel cell technologies.
  • SHANGHAI, June 9, 2021 /PRNewswire/ - A multi-year fuel cell supply agreement was announced today between Ballard Power Systems and W. L. Gore & Associates.
  • A signing ceremony at the 6th International Hydrogen Fuel Cell Vehicle Congress (FCVC 2021) honored the two companies' prior collaborations and supply partnerships, while commemorating their new commitment to advance the benefits and applications of fuel cell technologies.
  • For more about Ballard's Fuel Cell Solutions:
    For more about the GORE-SELECT Membrane: gore.com/fuelcells3
    Ballard Power Systems' (NASDAQ: BLDP; TSX: BLDP) vision is to deliver fuel cell power for a sustainable planet.

Ballard Announces Results of Annual General Meeting

Thursday, June 3, 2021 - 11:00pm

Final voting results on all matters voted on at the Annual General Meeting held on June 2nd, 2021 will be filed on SEDAR ( www.sedar.com ).

Key Points: 
  • Final voting results on all matters voted on at the Annual General Meeting held on June 2nd, 2021 will be filed on SEDAR ( www.sedar.com ).
  • Ballard Power Systems' (NASDAQ: BLDP; TSX: BLDP) 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, passenger cars and forklift trucks.
  • View original content to download multimedia: http://www.prnewswire.com/news-releases/ballard-announces-results-of-ann...
    SOURCE Ballard Power Systems Inc.

SARTA’s ‘Borrow a Bus Zero-Emissions Tour’ Embarks on Week-Long, Eight-Stop Swing Through California

Thursday, June 3, 2021 - 9:15pm

(Photo: Business Wire)

Key Points: 
  • (Photo: Business Wire)
    The Borrow a Bus program is supported by ElDorado National California (ENC), the industry leader in rightsized heavy-duty transit buses.
  • It is also the only hydrogen bus in the industry that is federally certified for 3-point seat belts.
  • The company, which built the SARTA bus being used on the BaB tour, will provide free technical support and fuel for the vehicle during the California swing.
  • The tour is also being underwritten by Creative Bus Sales, BAE Systems which manufactures the vehicles propulsion system, and Ballard Power Systems the firm that produces the buss hydrogen fuel cell.

Ballard Announces Follow-On Order for Fuel Cell Modules to Power 13 Solaris Buses in Frankfurt

Thursday, May 27, 2021 - 10:30pm

VANCOUVER, BC and HOBRO, Denmark, May 27, 2021 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced purchase orders from Solaris Bus & Coach S.A. ("Solaris"; www.solarisbus.com ), a leading European bus and trolleybus manufacturer and Ballard partner headquartered in Bolechowo, Poland, for 13 Ballard FCmove fuel cell modules to power 13 Fuel Cell Electric Buses (FCEBs) deployed with In-der-City-Bus GmbH ("ICB"), which operates bus routes in Frankfurt, Germany.

Key Points: 
  • VANCOUVER, BC and HOBRO, Denmark, May 27, 2021 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced purchase orders from Solaris Bus & Coach S.A. ("Solaris"; www.solarisbus.com ), a leading European bus and trolleybus manufacturer and Ballard partner headquartered in Bolechowo, Poland, for 13 Ballard FCmove fuel cell modules to power 13 Fuel Cell Electric Buses (FCEBs) deployed with In-der-City-Bus GmbH ("ICB"), which operates bus routes in Frankfurt, Germany.
  • ICB plans to refuel its fuel cell buses with hydrogen at a central station located at its bus depot.
  • Rob Campbell, Ballard Chief Commercial Operator added, "With the deployment of these 13 buses, Ballard modules will be powering a total of 80Solaris buses in The Netherlands, Germany and Italy.
  • Ballard Power Systems' (NASDAQ: BLDP; TSX: BLDP) vision is to deliver fuel cell power for a sustainable planet.

Ballard Reports Q1 2021 Results

Tuesday, May 4, 2021 - 12:30am

b'VANCOUVER, BC, May 3, 2021 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced consolidated financial results for the first quarter ended March 31, 2021.

Key Points: 
  • b'VANCOUVER, BC, May 3, 2021 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced consolidated financial results for the first quarter ended March 31, 2021.
  • MacEwen continued, "In Q1, we delivered revenue of $17.6 million, gross margin of 15% and ending cash reserves of $1.27 billion.
  • Although the China market remained muted while awaiting further policy pronouncements, activity levels were high across the entire Ballard organization.
  • Ballard also made a further capital contribution of $3.0 million to the Weichai-Ballard JV in the quarter.\nDuring Q1 Ballard received $11.8 million in new orders and delivered orders valued at $17.6 million, reducing the Order Backlog by $5.8 million from the prior quarter, ending Q1 at $112.0 million.

Ballard and Linamar Form Strategic Alliance to Develop Fuel Cell Solutions for Light-Duty Vehicles

Monday, May 3, 2021 - 1:30pm

"\nRandy MacEwen, Ballard President and CEO added, "We are excited to form a strategic alliance with Linamar, a leading global manufacturer of precision products and powertrain system solutions that is leaning into the future of zero-emission mobility.

Key Points: 
  • "\nRandy MacEwen, Ballard President and CEO added, "We are excited to form a strategic alliance with Linamar, a leading global manufacturer of precision products and powertrain system solutions that is leaning into the future of zero-emission mobility.
  • "\nBallard Power Systems\' (NASDAQ: BLDP; TSX: BLDP) 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, passenger cars and forklift trucks.
  • To learn more about Ballard, please visit www.ballard.com .\nAbout Linamar: Linamar Corporation (TSX:LNR) is an advanced manufacturing company where the intersection of leading-edge technology and deep manufacturing expertise is creating solutions that power vehicles, motion, work and lives for the future.

Global Automotive Fuel Cell Market Report 2021-2024: Lucrative Opportunities in the Passenger Car, Commercial Vehicle, and Heavy Commercial Vehicle Markets - ResearchAndMarkets.com

Monday, April 26, 2021 - 11:55am

b'The "Automotive Fuel Cell Market: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com\'s offering.\nThe automotive fuel cell market is expected to grow with a CAGR of 7% from 2019 to 2024.\nThe future of the automotive fuel cell market looks promising with opportunities in the passenger car, commercial vehicle, and heavy commercial vehicle markets.

Key Points: 
  • b'The "Automotive Fuel Cell Market: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com\'s offering.\nThe automotive fuel cell market is expected to grow with a CAGR of 7% from 2019 to 2024.\nThe future of the automotive fuel cell market looks promising with opportunities in the passenger car, commercial vehicle, and heavy commercial vehicle markets.
  • The major drivers for this market are stringent emission regulations, growing demand for zero-emission vehicles, development of fuel cell technology and infrastructure, and government Initiatives to subsidizing hydrogen infrastructure.\nHigh vehicle costs, insufficient hydrogen infrastructure and rising demand for BEVs and HEVs will remain the challenge for this industry.\nThe study includes the automotive fuel cell market size and forecast for the automotive fuel cell market through 2024, segmented by component type, by electrolyte type, by power output, by end use, and by region.\nSome of the automotive fuel cell companies profiled in this report include Ballard Power Systems, ITM Power, Hydrogenics, Plug Power, and AFCC, and others.\nSome of the features of \'Automotive Fuel Cell Market 2019-2024: Trends, Forecast, and Opportunity Analysis\' include:\nMarket size estimates: Automotive fuel cell market size estimation in terms of value ($M) shipment.\nTrend and forecast analysis: Market trend (2013-2018) and forecast (2019-2024) by application, and end use industry.\nSegmentation analysis: Market size by various applications such as by component type, by electrolyte type, by power output, by end use, and by region.\nRegional analysis: Automotive fuel cell market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.\nGrowth opportunities: Analysis on growth opportunities in different applications and regions for automotive fuel cell in the automotive fuel cell market.\nStrategic analysis: This includes M&A, new product development, and competitive landscape for, automotive fuel cell in the automotive fuel cell market.\nAnalysis of competitive intensity of the industry based on Porter\'s Five Forces model.\nThis report answers the following 11 key questions:\nWhat are some of the most promising potential, high-growth opportunities for the automotive fuel cell market?\nWhich segments will grow at a faster pace and why?\nWhich regions will grow at a faster pace and why?\nWhat are the key factors affecting market dynamics?
  • What are the drivers and challenges of the automotive fuel cell market?\nWhat are the business risks and threats to the automotive fuel cell market?\nWhat are emerging trends in this automotive fuel cell market and the reasons behind them?\nWhat are some changing demands of customers in the automotive fuel cell market?\nWhat are the new developments in the automotive fuel cell market?
  • Which companies are leading these developments?\nWho are the major players in this automotive fuel cell market?

Ballard Announces Membership in Hydra Consortium for Delivery of Fuel Cell-Powered Heavy-Duty Mobility in Mining

Tuesday, April 20, 2021 - 1:30pm

The Hydra Consortium will enable heavy-duty mining mobile equipment to run on renewable hydrogen, displacing diesel and decarbonizing the mining sector.

Key Points: 
  • The Hydra Consortium will enable heavy-duty mining mobile equipment to run on renewable hydrogen, displacing diesel and decarbonizing the mining sector.
  • Ballard will provide zero-emission fuel cell systems that run on hydrogen, to power mining equipment.\nThe Hydra Consortium is now actively working to validate the business case for a hydrogen fuel cell-based powertrain in heavy-duty mobility within the mining sector.
  • "\nRandy MacEwen, President and CEO of Ballard Power Systems added, "We are excited to be partnering with the Hydra Consortium on this ground-breaking pilot project targeting zero-emission fuel cell mining vehicles.
  • Ballard zero-emission PEM fuel cells are enabling electrification of mobility, including buses, commercial trucks, trains, marine vessels, passenger cars and forklift trucks.