Ballard Announces Partnership With Ford Trucks For Fuel Cell Powered Heavy-Duty Trucks And Initial Order For 2 FCmove-XD 120 kW Fuel Cell Engines
Portfolio Pulse from Benzinga Newsdesk
Ballard Power Systems has announced a partnership with Ford Trucks for the development of fuel cell powered heavy-duty trucks. The partnership also includes an initial order for two FCmove-XD 120 kW fuel cell engines.
August 04, 2023 | 1:22 pm
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POSITIVE IMPACT
Ballard's partnership with Ford Trucks and the initial order for fuel cell engines could potentially boost Ballard's revenues and market presence.
The partnership with Ford Trucks, a major player in the heavy-duty truck market, could significantly increase Ballard's market presence and revenues. The initial order for two fuel cell engines also indicates a direct revenue opportunity.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Ford Trucks' partnership with Ballard could enhance its product portfolio with fuel cell powered heavy-duty trucks, potentially increasing its competitive edge.
The partnership with Ballard allows Ford Trucks to potentially add fuel cell powered heavy-duty trucks to its product portfolio. This could increase its competitive edge in the market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100