- The Ballard and QUANTRON strategic partnership will bring
several fuel cell electric truck platforms to market
- Highly efficient Ballard hydrogen fuel cell engines will
enhance QUANTRON's electric vehicle design with longer range, fast
refuelling, and no compromise on payload
- Initially QUANTRON will integrate Ballard's latest
generation FCmove™ heavy duty fuel cell power modules into its
electric truck platforms
- Initial delivery of QUANTRON fuel cell electric trucks is
scheduled for the second half of 2022 in Germany
VANCOUVER, BC and MUNICH,
Sept. 7, 2021 /PRNewswire/ - The
partnership of Ballard, a global leader in fuel cell technologies,
and QUANTRON, a global leader in electric vehicle integration is
expected to accelerate deployment and market adoption of fuel cell
technologies. The combined, complementary expertise of Ballard and
QUANTRON enables broader customer access to zero emissions fuel
cell electric trucks without compromising on range, payload,
vehicle utilization or total cost of ownership.
Initial collaboration will focus on the integration of
Ballard's FCmove™ family of heavy-duty fuel cell power modules into
QUANTRON's electric drivetrain and vehicles. Fuel cell electric
truck platforms currently in development include a 7.5t delivery
truck, a 44t heavy duty truck and a municipal waste collection
truck.
Initial deployment of fuel cell electric trucks is scheduled for
the second half of 2022. In Europe, various government subsidies and
incentives will be available to vehicle fleet operators.
Specifically, Germany has recently
committed to covering up to 80% of conversion costs from internal
combustions engines to alternative drives through the e-mobility
support program.
Key milestone in acceleration of fuel cell technology
adoption for truck applications
Andreas Haller, founder and
Chairman of Quantron AG: "This is another important milestone for
QUANTRON's global growth. The cooperation with Ballard enables us
to bring customised hydrogen commercial vehicles with fuel cell
electric drives to the market. Today we embark on a journey of
joint development and production of fuel cell electric commercial
vehicles"
Robert Campbell, Chief Customer
Officer of Ballard Power Systems: "Ballard is looking forward
to collaborating with QUANTRON to accelerate the adoption of fuel
cell technology for truck applications. The combination of both
companies' expertise will deliver high performance hydrogen trucks
to respond to the growing demand for zero emission vehicles from
fleet operators and unlock new business opportunities for medium
and heavy-duty fuel cell trucks in Germany. Ballard is
bringing its 8th generation of heavy-duty fuel cell
power module experience built upon over 85 million km's of road
service from over 3,500 buses and trucks powered by our leading PEM
technology today."
Positive impact towards zero emission transport
Heavy duty vehicles have a higher impact on emissions and air
pollution in cities than any other vehicle. The critical role of
hydrogen and fuel cell technologies in the decarbonization of this
sector has now been recognized in many European countries' hydrogen
strategies. Hydrogen and fuel cell technologies are critical to the
industry-wide decarbonization effort. The QUANTRON-Ballard
collaboration will leverage the synergies between battery electric
and fuel cell electric powertrains to enable a greener, faster and
more cost effective decarbonization of the transportation
About Quantron AG
Quantron AG is a system provider of
clean battery and hydrogen-powered e-mobility for commercial
vehicles such as trucks, buses and vans. In addition to new
electric vehicles, the wide range of services offered by the
innovation forge includes the electrification of used and existing
vehicles, the creation of individual overall concepts including the
appropriate charging infrastructure as well as rental, financing
and leasing offers and driver training. Quantron AG also sells
batteries and integrated customized electrification concepts to
manufacturers of commercial vehicles, machinery and intra-logistics
vehicles. The German company from Augsburg in Bavaria is a pioneer
and innovation driver for e-mobility in passenger, transport and
freight traffic. It has a network of 700 service partners and the
comprehensive knowledge of qualified experts in the fields of power
electronics and battery technology, through its cooperation with
CATL, the world's largest battery producer. Quantron AG, as a
high-tech spin-off of the renowned Haller GmbH, combines 138 years
of commercial vehicle experience with state-of-the-art e-mobility
know-how.
You can find more information at www.quantron.net
Visit the Quantron AG on its social media channels on LinkedIn and
YouTube.
About Ballard Power Systems
Ballard Power Systems'
vision is to deliver fuel cell power for a sustainable planet.
Ballard zero-emission PEM fuel cells are enabling electrification
of mobility, including buses, commercial trucks, trains, marine
vessels, passenger cars and forklift trucks. To learn more about
Ballard, please visit www.ballard.com.
Important Cautions Regarding Forward-Looking
Statements
This release contains forward-looking statements
concerning the development and delivery of fuel cell products, and
the benefits and anticipated market adoption of them. These
forward-looking statements reflect Ballard's current expectations
as contemplated under section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Any such statements are based on Ballard's assumptions
relating to its financial forecasts and expectations regarding its
product development efforts, manufacturing capacity, and market
demand. For a detailed discussion of the factors and assumptions
that these statements are based upon, and factors that could cause
our actual results or outcomes to differ materially, please refer
to Ballard's most recent management discussion & analysis.
Other risks and uncertainties that may cause Ballard's actual
results to be materially different include general economic and
regulatory changes, detrimental reliance on third parties,
successfully achieving our business plans and achieving and
sustaining profitability. For a detailed discussion of these and
other risk factors that could affect Ballard's future performance,
please refer to Ballard's most recent Annual Information Form.
These forward-looking statements are provided to enable external
stakeholders to understand Ballard's expectations as at the date of
this release and may not be appropriate for other purposes. Readers
should not place undue reliance on these statements and Ballard
assumes no obligation to update or release any revisions to them,
other than as required under applicable legislation.
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SOURCE Ballard Power Systems Inc.