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Ballard Power Systems Inc. (BLDP)

NasdaqGM - NasdaqGM Real Time Price. Currency in USD
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6.78+0.46 (+7.36%)
As of 01:34PM EDT. Market open.

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  • F

    Battery technology simply isn’t quite ready for heavier trucks.
    It's not quite viable for heavy vehicles that tow heavy loads.

    “If you’re pulling 10,000 pounds, an electric truck is not the right solution,” Farley said while speaking with the media at the 2023 Super Duty unveiling in Kentucky. “And 95 percent of our customers tow more than 10,000 pounds. This is a really important segment for our country and it will probably go hydrogen fuel cell before it goes pure electric.”
    The Ford Super Duty lineup will probably go hydrogen before electric as battery technology can't quite support heavy towing.
    The Ford Super Duty lineup will probably go hydrogen before electric as battery technology can't quite support heavy towing.
  • F
    Leading in fuel cell trains : the Ballard hydrogen fuel cell solution has been tested and demonstrated all around the world.An unsurpassed solution in zero emission transportation.
    Reminder : no costly overhead line and costly maintenance.
    Could hydrogen trains be the future of US rail travel?
  • F
    Ballard announces global manufacturing strategy, including plan to invest $130 million in MEA manufacturing facility and R&D center in Shanghai, China
    Fri, September 30, 2022 at 8:30 AM
    In this article:


    VANCOUVER, BC and SHANGHAI, Sept. 30, 2022 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) announced today its strategy 'local for local' where it plans to deepen its global manufacturing footprint in Europe, the United States and China to support global market demand growth through 2030. As part of this strategy, Ballard has entered into an investment agreement with the Government of Anting in Shanghai's Jiading District to establish its new China headquarters, membrane electrode assembly (MEA) manufacturing facility and R&D center at a site strategically located at the Jiading Hydrogen Port, located in one of China's leading automotive industry clusters.

    Ballard Power Systems Inc. (CNW Group/Ballard Power Systems Inc.)
    Ballard Power Systems Inc. (CNW Group/Ballard Power Systems Inc.)
    Ballard plans to invest approximately $130 million over the next three years, which will enable annual production capacity at the new MEA production facility of approximately 13 million MEAs, which will supply approximately 20,000 engines. Ballard expects to be able to achieve significant capacity expansion of this facility in future phases with much lower capital requirements. The facility will also include space to assemble approximately 600 engines annually to support the production and sale of Ballard engines in the rail, marine, off-road and stationary markets in China, as well as for certain export markets.

    In 2021, Ballard completed its MEA manufacturing expansion in Canada, which is critical as the MEA is the core technology and limiting factor for Ballard's global fuel cell engine production capabilities. With the new MEA capacity coming online in China, Ballard now expects its global MEA capacity to support total demand requirements through the second half of the decade.

    This investment is expected to reduce MEA manufacturing costs, align with China's fuel cell value chain localization policy, and position Ballard more strongly in the hydrogen fuel cell demonstration cluster regions and for the post-subsidy market.

    The facility is planned to be in operation in 2025 to meet expected market demand in China, including from the Weichai-Ballard Joint Venture (WBJV) for the bus, truck and forklift markets, as well as other opportunities outside the WBJV scope. The annual production capacity of the Weichai-Ballard joint venture facility located in Weifang, Shandong is approximately 40,000 stacks and 20,000 engines.

    "Our global manufacturing vision for 2030 is to have scaled 'local for local' manufacturing of leading fuel cell engines and components in our core regional markets of Europe, North America and China to support future industry growth patterns and volumes across our verticals. In the case of China, we already have volume manufacturing capacity for fuel cell engines, bipolar plates and stack assembly at our WBJV. With our continued high conviction on long-term scaled adoption in China of fuel cell electric vehicles for medium- and heavy-duty motive applications, we are now addressing long-term capacity in that market for our proprietary MEAs," said Randy MacEwen, Ballard's Chief Executive Officer. "We believe China is a market headed for a significant demand break-out as hydrogen infrastructure scales over the coming years and as our new MEA production facility comes online."

    "To be competitive in China requires investment in China," commented Alfred Wong, Ballard China CEO. "This new MEA manufacturing facility will significantly reduce MEA production costs, improve China market access and meet long-term market demand, including providing MEA supply to our Weichai-Ballard JV. We are thrilled to be partnering with Anting, Jiading District, which has quickly become a key hydrogen technology hub in China."

    Ballard will also be setting up an R&D and innovation center at the same site. The center will be focused on MEA research to achieve key corporate technical advancements, support cost reduction initiatives, and engage the emerging China local supply chain for fuel cell materials and components.

    Ballard also announced today that it has signed a non-binding memorandum of understanding with Weichai Power whereby Weichai Power plans to make an equity investment for 2% of Ballard's new MEA manufacturing company.
  • F
    I love batteries for flashlights, phones, watches and small toys. We need batteries and lithium for all our little gadgets but to use up a finite lithium supply for anything else at the expense of not having our little toys seems a bit silly. Driving around looking for chargers or having rolling blackouts because people are plugging into the already stressed electrical grid is not a solution unless they find a way to make batteries much less dirty. Infrastructure will never be there on a mass scale. Wondering how the Teslas in Florida are doing.
  • I

    Ballard Power goes its own way completely relaxed – you could say “calmly”: The Canadian company already has production capacities at its headquarters in Vancouver, as well as a finished fuel cell stack production facility in China, for buses and trucks, among other things. Ballard is investing massively in R&D and is building a network of strategic partnerships that will ultimately lead to mass production for diverse markets.

    At the same time, Ballard is working on the permanent optimization of its BZ products, which is ultimately reflected in lower prices and makes these products particularly competitive and also increases the profit margin in the course of scaling. It's all a normal process.

    After test projects, Ballard will start mass production with various partners and OEMs. According to the company, this will begin in the second half of 2023 and experience a massive ramp-up in the years that follow, since the markets addressed (commercial vehicles, etc.) have very high and very long-term growth potential, based on the decarbonization trend.

    Ballard does everything right. Logical losses in this phase of transformation are normal. But as an investor, you have to understand that first. Ballard increasingly relies on those partners and customers who are not in competition with its own business model and make a joint approach in the interest of all almost inevitable. With about $1 billion in the bank, Ballard can do all of this well on its own.
  • B
    Finally countries wakening up to only sollution to using H2 for trains. India's first hydrogen powered trains using Ballard power systems. Next planes, buses, trucks, EV charging etal.
  • p
    Ballard Power to Fuel Cell Engines From Stadler Rail to Power the U.S.'s First Hydrogen Train
  • e
    amtrak places order with stadler and ballard stacks
  • p
    Is this the start of a new trend toward positive market.
  • A
    From yahoo: "Ballard receives order from Siemens Mobility to power 7 trains and signs LOI for up to an additional 200 modules over the next six years"
  • F
    (new hydrogen FC company)
    September 26, 2022.

    The car company was founded 9 years ago with a team of veteran aerospace scientists and engineers from NASA.

    The company is a demonstration of what you can do using the latest aerospace-grade hydrogen technology.

    Six key things about hydrogen makes it better than batteries: range, refuel time, longer life, recyclability, endurance, energy density.

    - 4 times the range of a typical battery electric car
    - Charge in 3-to-5 minutes.
    - Last 15 to 20 years,BEV 7 to 10 years

    Charging a battery too quickly, very much destroys it because of high heat and high voltage.

    Endurance : BEV perform well in sunny California where it’s 72 degrees year-round. Not in Midwest, where it’s freezing cold for a large chunk of the year. Hydrogen thrives in very hot and very cold climates, which is another reason it’s used in spacecraft.  

    Energy density : 156 % more efficient than the leading BEV
    Hydrogen is the lightest element in the universe. That means you’re not paying an insane weight penalty for big batteries. And the less something weighs, the less energy it takes to move it.

    Expensive to store mass quantities of energy in batteries, whereas hydrogen can do that easily.

    Not even enough lithium in the world to create a battery electric vehicle for everyone.

    Lithium is not located in but a handful of places. So you’re really creating a geopolitical nightmare dependence similar to the oil industry.

    The future belongs to hydrogen fuel cells.
  • p
    180..NO , but 140 (+50 option)

    Ballard Power Systems deepens strategic partnership with Quantron AG and receives order for 140 fuel cell engines
    As part of the strategic partnership, Quantron committed to purchase 140 FCmoveTM modules totaling approximately 17MW, with an option to purchase an additional 50 units. The fuel cell modules are expected to be delivered in 2023 and 2024.
  • J
    It is Ballard's FC engines in Stadler FC train., verified by this article.
  • d
    Green hydrogen project pipeline hits 134GW by 2030, but six times more needed to be on track for net zero: IEA

    The 134GW figure would produce 9-14 million tonnes of green hydrogen per year in 2030, it adds — still less than a fifth of the 94 million tonnes of mainly grey H2 produced annually today (including more than 20 million tonnes mixed with carbon-containing gases in methanol production and steel manufacturing).

    By the way, IEA estimates that 306 million tonnes of green hydrogen per year is needed by 2050 to meet net zero targets. That puts them at the low end of such studies, and under half that suggested by the Hydrogen Counsel, which is near the top of the study estimates for what is needed by that time.
  • d
    INTERNATIONAL COUNCIL ON CLEAN TRANSPORTATION: The rapid deployment of zero-emission buses in Europe