Ballard and Re-Fire have entered into a collaboration agreement under which Re-Fire has agreed to use Ballard-designed fuel cell stacks in its fuel cell systems.
Hydrogen filling stations at transit depots are built to be scalable. Admittedly, these numbers do not suggest any sizable near-term business opportunity for fuel cell powered buses.
An Attractive Value Proposition for Zero-Emission Transit in California Learn more about the technology and Californian transit agencies leading the way in integrating fuel cell electric buses into their operations. The largest bus OEM in China, Yutong, is one of the key suppliers seeking to bring fuel cell technology into the urban transit mainstream.
Two recently-constructed hydrogen refueling stations are currently operating in Shanghai, with two additional stations planned for completion in the first half of Replacing the diesel engine with a battery-hydrogen fuel cell hybrid system enables electric trucks without negatively impacting performance.
Accordingly, I view it as highly unlikely that Ballard will be paid anywhere close to the original contract terms should stack demand remain subdued going forward.
With the integration work completed in late, and all commercial trucks having received green license plates for new energy vehicles in Shanghai, we are now preparing for vehicle launch. Whyte continued, "With Ballard having exclusive rights to sell stacks produced by JVCo outside of China, we expect to have access to additional production capacity for future stack sales by Ballard around the globe, which mitigates the need for future capital spend on in-house capacity.
Based on their mileage and fuel consumption, freight vehicles are among the highest contributors to GHG emissions and street-level pollution. We view this acquisition as a high value and capital efficient transaction from a Ballard shareholder perspective, enabling us to accelerate production growth objectives more efficiently compared to the expected cost of procuring and installing new equipment with long associated lead times.
One week later, the company followed up with a " strategic collaboration and equity investment deal " with Zhongshan Broad-Ocean Motor Co. OK, got it, understood. Demand assumptions for the newly established joint venture look overly optimistic.
Will Ballard indeed be protected by the "take or pay" contract terms or will the Chinese partners demand adjustments?
The expected number of just additional fuel cell buses in speaks volumes about this issue. While fuel cell adoption, aided by generous subsidies, will increase over time, expect the pace to be much more muted when compared to the impressive rise in the numbers of battery electric vehicles over the past few years.
I am not receiving compensation for it other than from Seeking Alpha. Truck Significant carbon and NOx emissions contributing to climate change and health issues come from urban freight transport in trade corridors. Plug Power and its partners will form a fuel cell vehicle development project team and utilize their substantial financial and research and development resources for a large scale demonstration project.
Both of these have provided fuel cell technology for Chinese pilot testing bus deployments for a couple of years now. In JulyBallard Power Systems finally announced a " landmark deal for local production of fuel cell stacks in China ," with the following key terms: Ballard will have the exclusive right to purchase fuel cell stacks and sub-components from the joint venture for sale outside China.Unlike most editing & proofreading services, we edit for everything: grammar, spelling, punctuation, idea flow, sentence structure, & more.
Get started now!
Ballard will have the exclusive right to purchase fuel cell stacks and sub-components from the joint venture for sale outside China. Mr. Frank Ma, Chairman of Guangdong. Overview of different solutions for hydrogen filling stations for fuel cell electric bus fleets in Europe. Read more White Paper – Fuel Cell Electric Bus – An attractive value proposition in the UK.
Ballard announces planned deployment of fuel cell commercial trucks this year in Shanghai 14 February Ballard Power Systems announced the planned deployment of licensed hydrogen fuel cell electric commercial trucks—all using Ballard fuel cell stack technology—in Shanghai, China.
Investment accelerates expansion of Ballard production capacity VANCOUVER, July 3, /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) today announced that it has acquired certain strategic assets of Automotive Fuel Cell Cooperation Corporation ("AFCC"), a private company owned by Daimler AG.
As part of a planned wind-down of AFCC’s operations in Vancouver, British Columbia – co-located with Ballard at its headquarters – Daimler and Ford have in-housed and relocated their fuel cell stack development activities to .Download