Ballard Power Systems

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Ballard Power Systems Inc.
Formerly called
Ballard Research
Public
Traded as TSXBLDP
NASDAQBLDP
Industry Alternative energy
Founded 1979
Headquarters Burnaby, British Columbia, Canada
Key people

Ian Bourne, Chairman of the Board of Directors

Randy MacEwen, President and Chief Executive Officer
Products
  • Fuel cells stacks
  • Fuel cells modules
  • Technology solutions
Number of employees
630 (Dec 2017)
Website www.ballard.com

Ballard Power Systems Inc. is a developer and manufacturer of proton exchange membrane (PEM) fuel cell products for markets such as heavy-duty motive (consisting of bus and tram applications), portable power, material handling as well as technology solutions including engineering services. Ballard has designed and shipped over 400 MW of fuel cell products to date.

History[edit]

Ballard was founded in 1979 under the name Ballard Research Inc. to conduct research and development on high-energy lithium batteries. Since committing to the development of PEM fuel cell technology in 1989, Ballard has delivered PEM fuel cell products worldwide to a number of leading product manufacturers.

Ballard went public in 1993 on the Toronto Stock Exchange (TSE), and in 1995 was listed on the NASDAQ. Ballard Power Systems opened a fuel cell manufacturing facility in 2000 in Burnaby, B.C.[1]

Automotive Fuel Cell Cooperation[edit]

On February 1, 2008, Ballard spun out Automotive Fuel Cell Cooperation (AFCC) [2] to allow for further expansion of fuel cell technology.[3][4] After the split, Ballard continued as a publicly traded company focusing on non-automotive applications (including buses), while AFCC became a privately held company of 150 employees, developing hydrogen fuel cell stacks for automobiles. AFCC's initial ownership split was Daimler AG (50.1%), Ford Motor Company (30.0%), and Ballard itself (19.9%).[5]

Achievements[edit]

Ballard has:

  • access to 2,000 patents/applications
  • over 400 MW of fuel cell products shipped
  • 4 million MEAs manufactured
  • 3,000 stationary systems delivered
  • more than 12 million kilometers in revenue service by fuel cell buses
  • $81 million contract with the Volkswagen Group

References[edit]

  1. ^ "The Practice of Innovation: Seven Canadian Firms in Profile" (PDF). Government of Canada. 2003. Retrieved 1 July 2016. 
  2. ^ http://afcc-auto.com/about.php?name=company
  3. ^ Automotive Tech: "The Automotive Fuel Cell Cooperation (AFCC)" - technologynewsdaily.com - November 8, 2007 - Retrieved November 08, 2007
  4. ^ "Daimler AG to become majority stake holder in new ”Automotive Fuel Cell Cooperation”" - Daimler AG - November 8, 2007 - Retrieved November 08, 2007
  5. ^ "Daimler, Ford Teaming Up On Fuel Cells". Jalopnik. 9 November 2007. Retrieved 12 March 2015. 

External links[edit]