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Bullboard - Stock Discussion Forum Ballard Power Systems Inc T.BLDP

Alternate Symbol(s):  BLDP

Ballard Power Systems Inc. is engaged in the design, development, manufacture, sale and service of proton exchange membrane (PEM) fuel cell products for a variety of applications, focusing on power products for bus, truck, rail, marine, stationary and emerging market (material handling, off-road and other) applications, as well as the delivery of services, including technology solutions, after... see more

TSX:BLDP - Post Discussion

Ballard Power Systems Inc > BIG win for New Flyer -108 Fuel Cell Buses BALLARD INSIDE
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Post by guarantor1 on Oct 21, 2024 7:05pm

BIG win for New Flyer -108 Fuel Cell Buses BALLARD INSIDE

St. Cloud, Minnesota, USA – October 21, 2024: (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) New Flyer of America Inc. (New Flyer), a subsidiary of NFI Group Inc. (NFI) and a leader in zero-emission electric mobility solutions, today announced a new firm order for 108 zero-emission hydrogen fuel cell-electric Xcelsior CHARGE FC 40-foot transit buses from San Mateo County Transit (SamTrans), marking the largest single fuel cell bus order in New Flyer’s history. The contract for 108 buses was added to New Flyer’s backlog in Q2 2024, with firm orders placed over the second and third quarters.

SamTrans provides transportation services in San Mateo County, extending its reach to San Francisco and Palo Alto, California, delivering close to nine million bus rides across an extensive network of 74 bus routes.

This investment in fuel cell-electric buses accelerates SamTrans’ journey towards net-zero and is made possible through combined funding from the Federal Transit Administration (FTA), California’s Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP) vouchers, and local funds. These cutting-edge hydrogen buses will replace SamTrans’ diesel buses and support the agency’s transition to a zero-emission fleet to meet sustainability targets defined by the California Air Resources Board’s (CARB’s) Innovative Clean Transit (ICT) regulation, requiring agencies to transition bus fleets to 100% zero-emission by 2040. This purchase will also help SamTrans to meet the U.S. greenhouse gas emissions targets of 50-52% below 2005 levels by 2030.

“Our partnership with SamTrans spans nearly 35 years,” said Chris Stoddart, President, North American Bus and Coach, NFI. “During that time, New Flyer has delivered more than 175 buses, 27 of which were zero-emission. The technology advancements included in this next-generation vehicle will drive a high level of performance while delivering a reduction in environmental impact and improvements to air quality for the community.”

“Our zero-emission fleet demonstrates SamTrans’ commitment towards reducing the impact of transportation on air quality and our climate by reducing greenhouse gases in our communities, which further supports our mission to provide safe, equitable and sustainable transportation for our riders,” said Tasha Bartholomew, Communications Manager, SamTrans.

NFI is a leader in zero-emission mobility, with electric vehicles operating (or on order) in more than 150 cities in six countries. NFI offers the widest range of zero-emission battery and fuel cell-electric buses and coaches, and its vehicles have completed over 195 million EV service miles.

Today, NFI supports growing North American cities with scalable, clean, and sustainable mobility solutions through its mobility solution ecosystem, which includes buses and coaches; infrastructu

Comment by guarantor1 on Oct 21, 2024 7:24pm
Ballard // New Flyer LTSA VANCOUVER, BC and WINNIPEG, MB, Jan. 3, 2024 /CNW/ - Ballard Power Systems (NASDAQ: BLDP); (TSX: BLDP) today announced the signing of a new Long-Term Supply Agreement ("LTSA") with NFI Group Inc. ("NFI"); (TSX: NFI); (www.nfigroup.com), a leading independent bus and coach manufacturer and a leader in electric mass ...more  
Comment by guarantor1 on Oct 22, 2024 11:24am
Wonder why nothing from Ballard about this deal ??? New Flyer making a big deal about it on the News Release, and on their website Ballard = nothing on their website, No news release acknowledging the deal , nothing on their Blog Just SFA Given sentiment and stock performance, one would think they would be anxious to get anything good out there. And yes, the fact that NFI is using Ballards Fuel ...more  
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