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Ballard receives initial order for fuel cell modules to power 15 Tata Motors buses in India
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Ballard Receives Initial Order for Fuel Cell Modules to Power 15 Tata Motors Buses in India
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Ballard Receives Initial Order for Fuel Cell Modules to Power 15 Tata Motors Buses in India
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Ballard Receives Initial Order for Fuel Cell Modules to Power 15 Tata Motors Buses in India
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Strong market interest reflected in high level of commercial activity
Burnaby, BC, May 11, 2021 (T-Net)
Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) today announced consolidated financial results for the first quarter ended March 31, 2021. All amounts are in U.S. dollars unless otherwise noted and have been prepared in accordance with International Financial Reporting Standards (IFRS). Supported by a strengthening policy backdrop and increased customer engagement, we have clearer line of sight on long-term growth in our core medium- and heavy-duty motive applications of bus, truck, rail and marine,
said Randy MacEwen, President and CEO. As a result, 2021 will be marked by increased and accelerated investment ahead of market tipping points. Bolstered by a fortified balance sheet, we will deepen our investments in talent, technology, products, advanced manufacturing, localization and customer experience.