Ballard announces fuel cell engine order totaling approximately 5 MW for bus market
Ballard Power Systems (NASDAQ: BLDP) has secured a multi-year supply agreement with Manufacturing Commercial Vehicles (MCV), an Egyptian commercial vehicle manufacturer, for approximately 5 MW of fuel cell engines. The agreement includes 50 FCmove®-HD+ engines, with an initial order of 35 units, scheduled for delivery between 2025 and 2026 primarily for EU projects.
This deal builds upon their relationship that began in 2022 with fuel cell engine integration support. The company reported securing 1,600 bus engine orders across 7 OEMs in 2024. Currently, Ballard powers over 1,800 fuel cell buses globally, which have accumulated more than 200 million miles of operational service with a 99% availability rate and zero reported safety incidents.
Ballard Power Systems (NASDAQ: BLDP) ha ottenuto un contratto di fornitura pluriennale con Manufacturing Commercial Vehicles (MCV), un produttore egiziano di veicoli commerciali, per circa 5 MW di motori a celle a combustibile. L'accordo include 50 motori FCmove®-HD+, con un ordine iniziale di 35 unità, previsto per la consegna tra il 2025 e il 2026, principalmente per progetti nell'UE.
Questo accordo si basa sulla loro relazione iniziata nel 2022 con il supporto all'integrazione dei motori a celle a combustibile. L'azienda ha riportato di aver ottenuto 1.600 ordini di motori per autobus da 7 OEM nel 2024. Attualmente, Ballard alimenta oltre 1.800 autobus a celle a combustibile a livello globale, che hanno accumulato più di 200 milioni di miglia di servizio operativo con un tasso di disponibilità del 99% e zero incidenti di sicurezza segnalati.
Ballard Power Systems (NASDAQ: BLDP) ha firmado un acuerdo de suministro a varios años con Manufacturing Commercial Vehicles (MCV), un fabricante egipcio de vehículos comerciales, para aproximadamente 5 MW de motores de celdas de combustible. El acuerdo incluye 50 motores FCmove®-HD+, con un pedido inicial de 35 unidades, programado para entrega entre 2025 y 2026, principalmente para proyectos en la UE.
Este acuerdo se basa en su relación que comenzó en 2022 con el apoyo a la integración de motores de celdas de combustible. La compañía informó haber asegurado 1.600 pedidos de motores de autobuses de 7 OEM en 2024. Actualmente, Ballard alimenta más de 1.800 autobuses de celdas de combustible a nivel mundial, que han acumulado más de 200 millones de millas de servicio operativo con una tasa de disponibilidad del 99% y cero incidentes de seguridad reportados.
발라드 파워 시스템즈 (NASDAQ: BLDP)는 이집트 상용차 제조사인 제조 상용차(MCV)와 약 5 MW의 연료 전지 엔진 공급 계약을 체결했습니다. 이 계약에는 50개의 FCmove®-HD+ 엔진이 포함되며, 초기 주문은 35대로, 2025년과 2026년 사이에 주로 EU 프로젝트를 위해 배송될 예정입니다.
이번 계약은 2022년에 시작된 연료 전지 엔진 통합 지원을 기반으로 하고 있습니다. 이 회사는 2024년에 7개의 OEM으로부터 1,600대의 버스 엔진 주문을 확보했다고 보고했습니다. 현재 발라드는 전 세계적으로 1,800대 이상의 연료 전지 버스에 전력을 공급하고 있으며, 이들은 2억 마일 이상의 운행 서비스를 누적하였고 99%의 가동률과 제로 사고를 기록했습니다.
Ballard Power Systems (NASDAQ: BLDP) a conclu un contrat de fourniture pluriannuel avec Manufacturing Commercial Vehicles (MCV), un fabricant égyptien de véhicules commerciaux, pour environ 5 MW de moteurs à hydrogène. Le contrat comprend 50 moteurs FCmove®-HD+, avec une commande initiale de 35 unités, prévue pour livraison entre 2025 et 2026, principalement pour des projets dans l'UE.
Cette affaire repose sur leur relation qui a commencé en 2022 avec un soutien à l'intégration des moteurs à hydrogène. L'entreprise a rapporté avoir sécurisé 1 600 commandes de moteurs de bus auprès de 7 OEM en 2024. Actuellement, Ballard alimente plus de 1 800 bus à hydrogène dans le monde, qui ont accumulé plus de 200 millions de miles de service opérationnel avec un taux de disponibilité de 99 % et aucun incident de sécurité signalé.
Ballard Power Systems (NASDAQ: BLDP) hat einen mehrjährigen Liefervertrag mit Manufacturing Commercial Vehicles (MCV), einem ägyptischen Hersteller von Nutzfahrzeugen, über etwa 5 MW Brennstoffzellenmotoren abgeschlossen. Der Vertrag umfasst 50 FCmove®-HD+ Motoren, mit einer Erstbestellung von 35 Einheiten, die zwischen 2025 und 2026 hauptsächlich für Projekte in der EU geliefert werden sollen.
Dieses Geschäft baut auf ihrer Beziehung auf, die 2022 mit Unterstützung bei der Integration von Brennstoffzellenmotoren begonnen hat. Das Unternehmen berichtete, dass es 2024 insgesamt 1.600 Bestellungen für Busmotoren von 7 OEMs gesichert hat. Derzeit versorgt Ballard über 1.800 Brennstoffzellenbusse weltweit, die mehr als 200 Millionen Meilen Betriebsdienst mit einer Verfügbarkeit von 99% und null gemeldeten Sicherheitsvorfällen erreicht haben.
- Secured new 5 MW multi-year supply agreement for 50 fuel cell engines
- Strong 2024 performance with 1,600 bus engine orders from 7 OEMs
- Proven track record: 1,800+ buses deployed with 99% availability rate
- Zero safety incidents reported across 200+ million miles of operation
- None.
The supply agreement for 50 FCmove®-HD+ engines, and initial order of 35 units, represents the continued growth of the relationship with MCV which started in 2022 with fuel cell engine integration support and the first fuel cell engine order placed in 2023. Deliveries of the 50 engines are expected between 2025 and 2026 and will initially support projects in the EU.
"We are delighted with this order and the continued engagement with MCV," said Oben Uluc, Vice President, Europe Sales & Marketing at Ballard. "In 2024 we took in 1,600 bus engines orders across 7 OEMs, and this agreement continues the momentum into 2025. As the fuel cell bus market continues to mature, we look forward to the use of Ballard fuel cell engines to decarbonize public transit across the globe."
Today, Ballard powers more than 1,800 fuel cell buses worldwide, which have collectively logged over 200 million miles of operational service. Ballard's fuel cell engines have demonstrated a
About Ballard Power Systems
Ballard Power Systems' (NASDAQ: BLDP; TSX: BLDP) vision is to deliver fuel cell power for a sustainable planet. Ballard zero-emission PEM fuel cells are enabling electrification of mobility, including buses, commercial trucks, trains, marine vessels, and stationary power. To learn more about Ballard, please visit www.ballard.com.
This release contains forward-looking statements concerning anticipated product deliveries, customer deployments, and customer benefits and market adoption of 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.
Further Information
Ballard Power Systems:
Sumit Kundu – Manager, Investor Relations & Finance +1.604.453.3517 or investors@ballard.com
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SOURCE Ballard Power Systems Inc.
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