Ballard announces fuel cell engine order totaling approximately 5 MW for bus market

Core Insights - Ballard Power Systems has announced a multi-year supply agreement with Manufacturing Commercial Vehicles (MCV) for fuel cell engines totaling approximately 5 MW [1] - The agreement includes an initial order of 35 units of FCmove®-HD+ engines, with deliveries expected between 2025 and 2026, primarily supporting projects in the EU [2] - The partnership with MCV began in 2022, and this order continues the momentum from 2024, where Ballard received 1,600 bus engine orders across 7 OEMs [3] Company Overview - Ballard Power Systems focuses on delivering zero-emission PEM fuel cells for various applications, including buses, commercial trucks, trains, and marine vessels [4] - The company currently powers over 1,800 fuel cell buses worldwide, which have collectively logged over 200 million miles of operational service [3] - Ballard's fuel cell engines have a 99% availability rate and have reported zero safety incidents, providing a viable alternative to diesel engines [3]