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Ballard Power Systems, Inc. (BLDP)

Ballard Power Systems, Inc. (BLDP)

The alphaDIRECT Insight

We believe that Ballard is well positioned to satisfy the growing global interest and increased demand for fuel cell-powered transportation applications. In our view, Ballard is poised at the intersection of three global megatrends, namely, decarbonization, air quality, and electrification of transport which are all part of the global movement toward significantly reducing or even eliminating internal combustion engines from urban centers. In vehicle use cases where customers require long range, rapid refueling and full route flexibility, fuel cells offer a compelling value proposition. We believe that fuel cells offer a viable customer solution in the near- and mid-term timeframe for a growing range of heavy and medium duty vehicles. Additionally, Ballard anticipates growth in global markets like China, Europe and North America over the medium term.

Company Overview

Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) 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.

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