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Ballard Announces 150-Million-Kilometer Milestone

March 31, 2023

Ballard Power Systems has recently 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.

A Word From Ballard’s CEO

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.”

Randy MacEwen, President and Chief Executive Officer

Source

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Ballard Reports Q4 2022 Results

 Ballard Power Systems announced consolidated financial results for the fourth quarter ended December 31, 2022. All amounts are in U.S. dollars unless otherwise noted and have been prepared in accordance with International Financial Reporting Standards (IFRS).

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