VANCOUVER, BC, Sept. 16, 2021 /PRNewswire/ - Ballard Power
Systems (NASDAQ: BLDP0) (TSX: BLDP) today announced the launch of
the FCmove™-HD+, designed for buses and
medium and heavy-duty trucks, and is the latest product in
Ballard's 8th generation heavy duty power module
portfolio.
Since 2019, Ballard has been developing a family of
FCmove™ products to serve the commercial vehicle
market. The new FCmove™-HD+, with a 100kW power
output, is smaller, lighter, more efficient, and lower cost than
previous generations, and has been designed to improve ease of
vehicle integration. With its compact innovative design, it has
been engineered for both engine bay and rooftop configurations,
enabling optionality in truck and bus applications.
The FCmove™-HD+ is more than 40% more compact and
over 30% lighter than the previous 100kW module, with 50% less
component parts. This results in an anticipated 40% improvement in
total lifecycle cost while maintaining leading operating
performance, high efficiency, and wide operating range.
Kevin Colbow, Chief Technology
Officer said, "With the launch of our second FCmove™
engine, the FCmove™-HD+, we continue our global leadership in the
technological advancement and adoption of hydrogen fuel cells. With
broad market access across key verticals of medium and heavy-duty
truck, bus and off-road vehicles, the FCmove™-HD+ has wide reaching
applications to accelerate the decarbonization of the
transportation sector."
Mr. Colbow continued, "With now over 100 million kilometers in
service by the 3,500 buses and trucks powered by our technology, we
have industry leading, proven road experience, and confidence in
our product life cycle cost. The evolution of our technology and
product portfolio continues to position us to lead in this rapidly
growing market."
FCmove™ products are being integrated by our bus
and truck OEM partners. The first vehicles powered by the 100kW,
FCmove-HD+ are anticipated in 2022, including in the fuel cell
trucks recently announced with Hexagon Purus and QUANTRON.
About Ballard Power Systems
Ballard Power Systems'
(NASDAQ: BLDP; TSX: BLDP) 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.
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.