After it had seemed that Ballard had given up on the hydrogen dream, it has been revealed that the company has extinguished plans for the automotive fuel cell sector but has not given up on the hydrogen concept altogether, and is focusing on other avenues of commercial fuel cell production.
Shareholders of Ballard Power Systems Inc. voted recently to approve the sale of the company’s automotive fuel cell business to Daimler AG and Ford Motor Co. in a move that the company said will help shorten its time to profitability.
John Sheridan, Ballard Chief Executive, explained, “It enables Ballard now to concentrate on clean energy fuel cell products for commercial markets.”
Sheridan indicated the automotive fuel cell business was too expensive and too far away with long and uncertain timelines to commercialisation, while the company already had commercial markets including forklifts, back up power and co-generation at present.
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