Fuel Cell Stack: Audi and Ballard Power Sign Definitive Agreement to Extended Use by Ballard Power
Vancouver, Canada - Ballard Power Systems has reached a final agreement with the Audi automotive group on the expanded use of the FCgen HPS fuel cell stack.
Previously, Ballard had the right to use the stack for a variety of applications, including bus, rail, marine, mining, construction, aviation and stationary power applications. With the final agreement now in place, Ballard Power may use the FCgen® HPS stack in all applications, including commercial trucks and passenger vehicles.
The Ballard Power share price has so far climbed 4.0 percent in today's trading to a price of EUR 13.205 (October 30, 2020, 12:19 pm, Stuttgart Stock Exchange). Since the beginning of the year, the share of the RENIXX company has thus gained 106 percent.
Source: IWR Online, 30 Oct 2020