Ballard & First Mode Sign Order For 60 Additional Hydrogen Fuel Cell Modules For Zero-Emission Mining Trucks; No Financial Terms Disclosed
Portfolio Pulse from Happy Mohamed
Ballard Power Systems and First Mode have expanded their partnership with a new order for 60 hydrogen fuel cell modules, totaling 6 megawatts, for delivery in 2024. The modules will be used to power hybrid hydrogen and battery ultra-class mining haul trucks, providing a zero-emission alternative to diesel.

June 01, 2023 | 12:36 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Ballard Power Systems receives an order for 60 hydrogen fuel cell modules from First Mode, expanding their partnership and providing a zero-emission alternative for mining trucks.
The order for 60 additional hydrogen fuel cell modules from First Mode expands Ballard Power Systems' partnership and increases their presence in the zero-emission mining truck market. This is likely to have a positive short-term impact on Ballard's stock price, as it demonstrates the company's growth potential and the increasing demand for their products.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100