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Ballard Reports Q1 2021 Results, $1.3 Billion Cash Reserves

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. ....

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Ballard Power Systems (BLDP) Q1 2021 Earnings Call Transcript

Operator
Welcome to the Ballard Power Systems Quarter 1 2021 results conference call. As a reminder, all participants are in listen-only mode and the conference is being recorded. [Operator instructions] I would now like to turn the conference over to Guy McAree, director of investor relations. Please go ahead.
Guy McAree
Director of Investor Relations
Thanks very much, and good morning, everyone. Welcome to Ballard s first-quarter 2021 financial and operating results conference call. With us today are Randy MacEwen, Ballard s president and CEO; and Paul Dobson, our chief financial officer. We ll be making forward-looking statements that are based on management s current expectations, beliefs and assumptions concerning future events. ....

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Ballard Reports Q1 2021 Results

/PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced consolidated financial results for the first quarter ended March 31, 2021. All. ....

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Auckland Transport begins 2-year trial of hydrogen bus

Auckland Transport begins 2-year trial of hydrogen bus
Auckland (NZ) Transport is beginning a 2-year trial of a 3-axle hydrogen fuel cell bus.The trial will assess operational performance how operating costs compare to diesel and electric buses of similar configurations. The bus carries 43 seated and 31 standing adults.
The bus was built by Global Bus Ventures in Christchurch and will be operated with Howick and Eastern Buses by Transdev for the initial two-year trial. The bus is fitted with a Ballard fuel cell and ZF drive system. It has a range of some 400 km (249 miles).
The bus will be refuelled at the Ports of Auckland with green hydrogen. ....

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Wheels on the bus go round - powered by green hydrogen

Wheels on the bus go round - powered by green hydrogen
5 Apr, 2021 05:00 PM
2 minutes to read
Auckland Transport unveiled New Zealand s first hydrogen-powered bus. Photo / AT
NZ Herald
By: Alex Robertson
It s been touted as the future for heavy transport. Residents of Auckland s eastern suburbs will be the first to experience New Zealand s foray into that future with the first hydrogen-powered bus operating along bus route 70 from Botany to Britomart, via Panmure.
The three-axle bus, AT s largest single-decker, can accommodate over 70 passengers. It was built in Christchurch by Global Bus Ventures at a cost of $1.175million and will be part of a two-year trial which starts this month to assess the relative operating costs compared to diesel and electric buses of a similar size. ....

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