- FCmove™ offers impressive reduction in fuel cell
module cost
VANCOUVER and STOCKHOLM, June 10,
2019 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP;
TSX: BLDP) today unveiled the Company's 8th generation
high performance fuel cell module, the FCmove™-HD, at the UITP
Global Public Transport Summit being held in Stockholm, Sweden.
The culmination of product development and field experience
based on almost 14 million kilometers (9 million miles) of vehicle
operation, Ballard's FCmove™-HD fuel cell module is compact, robust
and offers an impressive reduction in lifecycle cost. Launched
today, the FCmove™-HD fuel cell module is the first in a family of
FCmove™ products to be introduced and is specifically designed to
meet the requirements of transit bus operators. It will be used in
1,000 fuel cell electric buses (FCEBs) to be deployed in
Europe by the new H2Bus
Consortium, which was announced on June
3rd.
Future FCmove™ products will offer various power outputs to suit
a broad range of commercial vehicles including trucks, coaches and
trains.
Randy MacEwen, Ballard President and CEO said, "Today, we
see growing global interest in the compelling value proposition
uniquely offered by fuel cell electric vehicles in Medium and Heavy
Duty transportation applications. With a 35% reduction in lifecycle
cost, the FCmove™-HD module represents a major advancement in the
cost competitiveness of fuel cell solutions for this market.
Today's product unveiling positions Ballard as the market leader in
zero-emission PEM fuel cell power solutions for the Heavy Duty
Motive market."
Dr. Kevin Colbow, Ballard Chief
Technology Officer added, "In designing FCmove™ products, Ballard
is prioritizing a reduction in lifecycle cost, while improving
product performance. The FCmove™ fuel cell module offers attractive
customer value based on high reliability, simplified system
integration and optimized operating parameters."
Benefits of FCmove™-HD compared to the current generation
heavy-duty fuel cell module include:
- Lower Lifecycle Cost – Expected 35% reduction in
product lifecycle cost, achieved through lower maintenance
requirements, higher reliability and 50% fewer parts.
- High Reliability –The fuel cell module is a completely
integrated system designed with a new generation of more robust
balance-of-plant components to improve reliability. Utilizing
Ballard's latest FCgen®-LCS fuel cell stack technology,
the Company delivers its most reliable product to date with an
expected operating lifetime greater than 30,000 hours.
- Simplified System Integration – The smaller, more
powerful fuel cell module enables greater flexibility in commercial
vehicle design. Reducing the volume by 40% and weight by 35% has
produced a compact, low-profile module that is ready to install in
tight spaces.
- Freeze Start Capability – FCmove™ is tolerant to a
wider range of operating conditions, including freeze start to
-25⁰C (-13⁰F) without external energy. There is no need
to plug in the vehicle or use special start procedures.
- Higher Temperature Operation – The fuel cell module
can operate at higher temperatures, thereby permitting a smaller
cooling package for integration flexibility, and generates HVAC
heating, significantly improving overall fuel economy and vehicle
efficiency.
Ballard will be showcasing the FCmove™ product in Stockholm, Sweden at the UITP Global Public
Transport Summit ('UITP Summit 2019'), June 10th-12th. Attendees
are invited to the product unveiling which will take place at stand
A3114 on June 11th at
5:30pm CET.
Longtime Ballard customer Solaris Bus & Coach, based in
Poland, is the first European
transit bus manufacturer to integrate the FCmove™-HD module into an
FCEB. The Solaris Urbino 12 hydrogen fuel cell electric bus
will also be unveiled and displayed at UITP Summit 2019.
Ballard will continue to support the Company's existing
customers that are using its current generation
FCveloCity® fuel cell modules.
About Ballard Power Systems
Ballard Power Systems'
(NASDAQ: BLDP; TSX: BLDP) vision is to deliver fuel cell power for
a sustainable planet. The Company builds fuel cell products that
reduce customer costs and risks, and helps customers solve
difficult technical challenges or address new business
opportunities. To learn more about Ballard, please visit
www.ballard.com.
This release contains forward-looking statements concerning
anticipated product performance and other characteristics. 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.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/ballard-unveils-8th-generation-zero-emission-fuel-cell-module-for-heavy-duty-motive-market-300864322.html
SOURCE Ballard Power Systems Inc.