VANCOUVER, BC, April 16,
2024 /PRNewswire/ - Ballard Power Systems
(NASDAQ: BLDP) (TSX: BLDP) today announced multiple purchase orders
totaling 70 FCmove®-HD hydrogen fuel cell engines from
its customer Wrightbus (https://wrightbus.com/), a UK-based bus
manufacturer deploying hydrogen-powered buses in the UK 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- and double-decker buses in the UK 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 UK and Europe," said Oben
Uluc, Vice President, Sales & Marketing, EMEA. "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 refueling, and
scalable refueling infrastructure."
About Ballard Power
Systems
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, and stationary power. To learn more about Ballard, please
visit www.ballard.com.
This release contains forward-looking statements concerning
anticipated product deliveries, customer deployments, and market
adoption. These forward-looking statements reflect Ballard's
current expectations as contemplated under section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Any such
forward-looking statements are based on Ballard's assumptions
relating to its financial forecasts and expectations regarding its
product development efforts, manufacturing capacity, and market
demand.
These statements involve risks and uncertainties that may cause
Ballard's actual results to be materially different, including
general economic and regulatory changes, detrimental reliance on
third parties, successfully achieving our business plans and
achieving and sustaining profitability. For a detailed discussion
of these and other risk factors that could affect Ballard's future
performance, please refer to Ballard's most recent Annual
Information Form. Readers should not place undue reliance on
Ballard's forward-looking statements and Ballard assumes no
obligation to update or release any revisions to these
forward-looking statements, other than as required under applicable
legislation.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/ballard-announces-orders-for-70-hydrogen-fuel-cell-engines-for-delivery-to-wrightbus-in-2024-302117803.html
SOURCE Ballard Power Systems Inc.