Ballard Power Systems, a leading developer of hydrogen fuel cells, has announced that it has signed an Equipment Supply Agreement with China’s Guangdong Synergy Hydrogen Power Technology. Ballard Power Systems, a leading developer of hydrogen fuel cells, has signed a deal worth $12m with Guangdong Synergy Hydrogen Power Technology to use Ballard's fuel cells to power buses manufactured by Guangdong's partner company, Dongfeng Xiangyangtouring Car, the state-owned and largest manufacturer of commercial vehicles in China. The fuel cells will serve as range extenders for several mass transit vehicles, and make the vehicles more environmentally friendly and reliable. "This is an important step forward for our company because it demonstrates that we can work together on this technology," said David Ballard, CEO of Ballard Power.
Ballard Power Systems, a leading developer of hydrogen fuel cells, has signed a deal worth $12m with Guangdong Synergy Hydrogen Power Technology to use Ballard's fuel cells to power buses manufactured by Guangdong's partner company, Dongfeng Xiangyangtouring Car, the state-owned and largest manufacturer of commercial vehicles in China. The fuel cells will serve as range extenders for several mass transit vehicles, and make the vehicles more environmentally friendly and reliable. "This is an important step forward for our company because it demonstrates that we can work together on this technology," said David Ballard, CEO of Ballard Power.