Ballard Power Systems and Weichai Power have taken the next steps in their joint venture (JV) to support the burgeoning fuel cell electric vehicle (FCEV) market in China.
The two companies closed a strategic collaboration transaction back in November 2018 and formed Weichai Ballard Hy-Energy Technologies (Weichai-Ballard JV).
Ballard closes strategic collaboration with Weichai
Through this joint venture, Ballard today said it will supply a mix of certain fuel cell products and components that will be used in the assembly of modules to power zero emission FCEVs in China, in an order worth approximately $44m.
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