Ballard announces the launch of FCmove ™ -HD +

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Since 2019, Ballard has been developing a family of FCmove products to serve the commercial vehicle market. The new FCmove-HD +, with an output power of 100 kW, is smaller, lighter, more efficient and less expensive than previous generations, and was designed to improve ease of integration into the vehicle. With its innovative and compact design, it has been designed for engine compartment and roof configurations, allowing an option in truck and bus applications.

FCmove-HD + is more than 40% more compact and more than 30% lighter than the previous 100 kW module, with 50% less components. This translates into an anticipated 40% improvement in total life cycle cost while maintaining peak operating performance, high efficiency and a wide operating range.

Kevin colbow, the CTO said: “With the launch of our second FCmove engine, the FCmove ™ -HD +, we continue our global leadership in the technological advancement and adoption of hydrogen fuel cells. With broad market access in key verticals markets of trucks, buses and medium and heavy off-road vehicles, FCmove ™ -HD + has broad applications to accelerate the decarbonization of the transportation sector. “

Mr. Colbow continued, “With over 100 million kilometers traveled by the 3,500 buses and trucks powered by our technology, we have a proven and industry-leading road experience and are confident in the cost of the cycle. life of our products. The evolution of our technology and our portfolio products continues to position us as a leader in this rapidly growing market. ”

FCmove products are integrated by our OEM bus and truck partners. The first vehicles powered by 100kW, FCmove-HD + are expected in 2022, notably in the fuel cell trucks recently announced with Hexagon Purus and QUANTRON.

About Ballard Power Systems
The vision of Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) is to provide fuel cell power for a sustainable planet. Ballard’s zero-emission PEM fuel cells enable the electrification of mobility, including buses, commercial trucks, trains, ships, passenger cars and forklifts. To learn more about Ballard, please visit www.ballard.com.

Forward-looking statements
This press release contains forward-looking statements regarding the development and delivery of fuel cell products, their benefits and early market adoption. These forward-looking statements reflect Ballard’s current expectations as contemplated by Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are based on Ballard’s assumptions about its financial forecasts and expectations regarding its product development efforts, manufacturing capability and market demand. For a detailed discussion of the factors and assumptions on which these statements are based, and the factors that could cause our results or actual results to differ materially, please refer to Ballard’s latest MD&A. Other risks and uncertainties that could cause Ballard’s actual results to differ materially include general economic and regulatory changes, detrimental reliance on third parties, the successful completion of our business plans, and achieving and maintaining profitability. . For a detailed discussion of these and other risk factors that could affect Ballard’s future performance, please refer to Ballard’s most recent annual information form. These forward-looking statements are provided to enable external stakeholders to understand Ballard’s expectations as of the date of this release and may not be appropriate for other purposes. Readers should not place undue reliance on these statements, and Ballard assumes no obligation to update them or issue revisions, except as required by applicable law.

SOURCE Ballard Power Systems Inc.

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