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Ballard Up 0.35% In US Premarket As Announces Orders for 70 Hydrogen Fuel Cell Engines by UK Bus Company
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Ballard Up 0.35% In US Premarket As Announces Orders for 70 Hydrogen Fuel Cell Engines by UK Bus Company
Apr 16, 2024 6:14 AM

08:56 AM EDT, 04/16/2024 (MT Newswires) -- Ballard Power Systems ( BLDP ) was at last look up 0.35% in US premarket on Tuesday after announcing multiple purchase orders totaling 70 FCmove-HD hydrogen fuel cell engines from Wrightbus a UK-based bus manufacturer deploying hydrogen-powered buses in the UK and Europe. Ballard expects to deliver the fuel cell engines in 2024, and the buses to enter into service in 2025. The hydrogen fuel cell engines will power single- and double-decker buses in the UK and Germany.

Oben Uluc, Vice President, Sales & Marketing, EMEA, said Ballard is seeing "broader market acceptance" of fuel cell buses by European transit operators.

Ballard was a bit earlier up 1.4% to US$2.83 in US premarket trade.

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