Ballard Power & Quantron Unleash Debut Of Fuel Cell Electric Trucks - A Revolution?
Portfolio Pulse from Nabaparna Bhattacharya
Ballard Power Systems, Inc. (NASDAQ:BLDP) and partner Quantron AG have delivered their first fuel cell electric trucks, built with Ballard's high-performance FCmove fuel cell modules. Ballard Power's backlog of Total Fuel Cell Products & Services at the end of Q2 was $147.5 million. A European customer has already taken delivery of the first five units. BLDP shares are trading higher by 1.43% to $4.26.

September 01, 2023 | 3:21 pm
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Ballard Power Systems has delivered its first fuel cell electric trucks in partnership with Quantron AG, indicating a positive development in its product line. The company's shares are trading higher.
The delivery of the first fuel cell electric trucks by Ballard Power Systems and Quantron AG is a significant milestone for the company. This development, along with a strong backlog of Total Fuel Cell Products & Services, indicates a positive outlook for the company. This news has already positively impacted the company's stock price, which is trading higher.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100