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.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: EquitiesNewsPenny StocksSmall CapMarketsGeneralBriefs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!