VANCOUVER and YUNFU, China, Oct. 18,
2016 /CNW/ - Ballard Power Systems (NASDAQ: BLDP; TSX: BLD) today announced the commissioning and deployment of 10 fuel
cell-powered buses in the City of Yunfu, in the Province of Guangdong, China. The unveiling took
place at a ceremony held at the Foshan (Yunfu) Industrial Transfer Park, Sinao Town, Yunfu City in Guangdong Province. The ceremony was attended by Mayor of Yunfu, Mr. Wang
Sheng, and Vice-Mayor of Yunfu, Mr. Xu Guo.
Today's announcement follows last month's commissioning and deployment of an initial 12 fuel cell-powered buses in the District
of Sanshui, in the City of Foshan. This brings the total number of buses deployed since the initial tranche to 22, as part of the
Chinese Government's plan to address air quality in urban centers through zero tailpipe emission mass transit solutions. As Ballard
announced in a September 2015 press release, 300 fuel cell buses are currently planned to be deployed
in the Cities of Foshan and Yunfu.
The new fuel cell buses in the City of Yunfu are 11 meters in length and feature advanced safety systems, 80 person capacity,
anticipated driving range in excess of 300 kilometers, expected hydrogen gas consumption of less than 6.5 kilograms per 100
kilometers, zero tailpipe emissions and remote monitoring. Unlike many battery electric bus routes, the transit route in Yunfu will
not require any catenary wires or on-route recharging.
Randy MacEwen, Ballard's President & CEO said, "Congratulations to the City of Yunfu and the
Province of Guangdong on the successful launch of the second tranche of clean energy fuel cell
buses. This deployment of 10 buses in Yunfu comes rapidly on the heels of the 12-bus deployment in Foshan last month. Together
these are the largest deployments of zero-emission fuel cell buses in China's history, but
represent just the beginning of market adoption. Ballard has unmatched global experience providing fuel cell engines for transit
buses. With our strong local partners, we are well positioned to address this large, fast-growing and dynamic market opportunity in
China."
About Ballard Power Systems
Ballard Power Systems (NASDAQ: BLDP; TSX: BLD) provides clean energy products that reduce customer costs and risks, and
helps customers solve difficult technical and business challenges in their fuel cell programs. To learn more about Ballard, please
visit www.ballard.com.
This release contains forward-looking statements concerning market demand for our products. These forward-looking statements
reflect Ballard's current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and Section 21E
of the Securities Exchange Act of 1934, as amended. Any such forward-looking statements are based on Ballard's assumptions relating
to its financial forecasts and expectations regarding its product development efforts, manufacturing capacity, and market
demand.
These statements involve risks and uncertainties that may cause Ballard's actual results to be materially different, including
general economic and regulatory changes, detrimental reliance on third parties, successfully achieving our business plans and
achieving and sustaining 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. Readers should not place undue reliance on
Ballard's forward-looking statements and Ballard assumes no obligation to update or release any revisions to these forward looking
statements, other than as required under applicable legislation.
This press release does not constitute an offer to sell or the solicitation of an offer to buy securities. The Ballard
Common Shares have not been registered under the United States Securities Act of 1933, as amended, or the securities laws of any
other jurisdiction and may not be offered or sold in the United States absent registration or an
applicable exemption from registration requirements.
SOURCE Ballard Power Systems Inc.
Image with caption: "A portion of the new Yunfu fuel cell bus fleet (CNW Group/Ballard Power Systems Inc.)". Image available at:
http://photos.newswire.ca/images/download/20161018_C5021_PHOTO_EN_798776.jpg
