Ballard Power Systems Partners with New Flyer for 500 Fuel Cell Engines in Transit.

Ballard Power Systems Strengthens Zero-Emission Transit with New Flyer Agreement

Ballard Power Systems (NASDAQ: BLDP) solidifies its position in the clean transportation sector through a major agreement with New Flyer, a subsidiary of NFI Group Inc. Under the terms of this agreement, Ballard will supply 500 FCmove®-HD+ fuel cell engines, amounting to a total capacity of 50 MW. This deal represents New Flyer’s most substantial commitment in their partnership with Ballard, which has spanned over ten years. The fuel cell engines will power New Flyer's Xcelsior CHARGE FC™ hydrogen fuel cell buses, which are projected to be delivered starting in 2026, enhancing the landscape of zero-emission transport across North America.

The partnership highlights the operational reliability of Ballard's fuel cell technology, which has demonstrated a 98% availability rate globally. Oben Uluc, Ballard's Vice President of Sales & Marketing, expresses pride in the long-standing relationship, emphasizing the critical need for hydrogen-powered solutions that meet the demands of modern transit fleets. David White, Executive Vice President of New Flyer, notes that the agreement addresses rising market demands for innovative and carbon-neutral transportation options, thereby positioning both companies as leaders in the zero-emission bus segment. Ballard's commitment to providing reliable technology ensures that transit operators can depend on these vehicles for their daily operations.

Furthermore, Ballard Power Systems is committed to delivering not just fuel cell technology but also comprehensive support through Ballard Fleet Services. This program includes training, technical assistance, and operational monitoring, further enhancing the performance and efficiency of the fleets. With over 2,200 Ballard-powered fuel cell buses already in operation, covering more than 250 million kilometers without a single safety incident, the collaboration between Ballard and New Flyer is set to redefine the future of public transportation, aligning with the increasing demand for sustainable mobility solutions.

In additional developments, Ballard is actively pursuing market opportunities that extend beyond bus applications, targeting sectors such as marine and rail transportation. The company's holistic approach to electrification aligns with their vision of fostering a sustainable planet, using their advanced PEM fuel cells across various modes of transport. With its renewed partnership with New Flyer, Ballard Power Systems not only reinforces its market presence but also contributes significantly to the broader agenda of zero-emission transportation solutions.