Ballard Power & Quantron Unleash Debut Of Fuel Cell Electric Trucks - A Revolution?

Ballard Power Systems, Inc. BLDP and partner Quantron AG delivered their first fuel cell electric trucks.

The truck is built with Ballard's high-performance FCmove fuel cell modules in QUANTRON vehicles.

Ballard Power's backlog of Total Fuel Cell Products & Services at the end of the recently reported second quarter was $147.5 million. 

Since the announcement of the strategic cooperation in September 2021, the two companies have launched industry-leading developments. Quantron is based in Germany.

Randy MacEwen, CEO of Ballard Power Systems: "We're excited to see the partnership with QUANTRON expand into the light-duty vehicle segment and increase fuel cell deployment into the critical last-mile transport market." 

A European customer already took delivery of the first five units, with one unit having accomplished daily operations in a trial with the customer.

Price Action: BLDP shares are trading higher by 1.43% to $4.26 on the last check Friday.