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Ballard Power Systems Fuel-Cell Powered Electric Vehicles (FCEVs) Hit New 150-Million-Kilometer Milestone (With Over Over 3,800 Buses and Trucks)
Tuesday, March 28, 2023Company Profile | Careers | Follow Company
Burnaby, BC, March 28, 2023--(T-Net)--Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) today announced the Company's proton exchange membrane (PEM) fuel cells have now powered Fuel Cell Electric Vehicles - or FCEVs - in commercial Heavy and Medium-Duty Motive vehicles for an industry-leading total of more than 150 million kilometers.
This is roughly equivalent to circling the Earth over 3,700 times.
To reach this milestone, Ballard fuel cells powered over 3,800 buses and trucks, providing zero-emission mobility solutions in approximately 15 countries around the world.
Randall Macewen, President and Chief Executive Officer, Ballard Power Systems Inc.
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Mr. Randy MacEwen, President and Chief Executive Officer said, "At Ballard, we are designing our PEM fuel cell engines for heavy-duty mobility applications where zero emissions, reliability, and durability are key differentiators for end-user total cost of ownership. We continue to set the industry benchmark for PEM fuel cell performance in our target markets. The accumulated distance driven by FCEVs powered by our technology underlines Ballard's customer focus and commitment to reliable service and high uptime."
Mr. MacEwen continued, "We achieve this industry milestone at a time when we are seeing growing customer interest in the adoption of hydrogen fuel cells in our key mobility verticals of bus, truck, rail, and marine, as well as off-highway and stationary power applications. Our learnings from real-world experience will continue to help us optimize our products from a total cost of ownership perspective and deliver products to meet zero-emissions targets without disrupting existing operating practices, including range, payload, and refueling time."
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.
Forward-looking statements This release contains forward-looking statements concerning the development and delivery of fuel cell products, and the benefits and anticipated market adoption of them. 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. [ MORE ] |
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