#Canada #Vancouver #Ballard Power #New Flyer #Fuel Cell Engines

Ballard Power Systems and New Flyer Sign Major Agreement

In an exciting development for the sustainable mobility sector, Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) and its longtime partner, New Flyer, a subsidiary of NFI Group Inc., have announced a commercial agreement that stands as a significant milestone in their collaboration. This agreement involves the delivery of 500 advanced FCmove®-HD+ fuel cell engines, totaling 50 MW, to power New Flyer’s Xcelsior CHARGE FC™ hydrogen fuel cell buses across North America, commencing in 2026.

A Major Commitment

This latest arrangement marks New Flyer’s largest single commitment since the partnership began over a decade ago. Ballard's fuel cell engines are recognized for their reliability and efficiency, offering rapid refueling capabilities and the necessary range for the demanding environments New Flyer’s bus fleets operate in. Oben Uluc, Vice President of Sales and Marketing at Ballard, expressed enthusiasm, stating, “We are proud that New Flyer continues to place their trust in Ballard as their long-term technology partner.” He emphasized that these engines will enhance New Flyer's ability to promote zero-emission deployments effectively throughout the continent.

Strengthening the Zero-Emission Transition

David White, Executive Vice President of New Flyer’s Supply Management, noted that this agreement is a crucial step forward in their long-standing partnership. He commented on the demand for fuel cell buses, highlighting their dual capability to replace diesel with zero-emission technology across various jurisdictions. For New Flyer, this collaboration signifies a commitment to advancing environmentally friendly public transportation solutions.

Today, Ballard has powered more than 2,200 fuel cell buses globally, amassing over 250 million kilometers in operational distance with a stellar 98% availability and a flawless safety record. The success of these fleets indicates a robust market for hydrogen-powered public transport, aligning with global sustainability goals and local government regulations pushing for greener solutions.

Comprehensive Support Services

In addition to providing fuel cell engines, Ballard offers a suite of Fleet Services designed to optimize performance. This includes training, technical support, parts supply, operational monitoring, and digital insights that facilitate better decision-making and maintenance. Such services are crafted to unlock additional value for fleet operators, enabling them to maximize their investment in green technology.

About the Companies

Ballard Power Systems aims to lead the charge in delivering innovative fuel cell power solutions that contribute to a sustainable planet. Their focus on zero-emission PEM fuel cells allows various modes of transport—including buses, commercial trucks, and trains—to transition to cleaner energy sources. For more information, visit www.ballard.com.

New Flyer, recognized as North America's leader for heavy-duty transit buses, is committed to sustainability as well. Their advanced product lines under the Xcelsior® and Xcelsior CHARGE® brands continue to expand, positioning them as a pivotal player in the future of zero-emission public transit. More details can be found at www.newflyer.com.

This agreement not only reinforces the bond between Ballard and New Flyer but also reflects the growing trend towards environmentally responsible transportation solutions. As cities around the world grapple with increased air pollution and greenhouse gas emissions, partnerships like this pave the way for cleaner, more efficient public transportation systems in the years to come.

In conclusion, as Ballard Power Systems and New Flyer forge ahead with their collaborative innovations, the horizon looks promising for the future of sustainable transit solutions, setting an inspiring example for other industries to follow. The commitment to reducing emissions through advanced technology will play a crucial role in shaping urban mobility in the coming decades.