Bus

Ballard signs $11 million Chinese fuel-cell bus deal

Posted on October 3, 2013

Ballard Power Systems signed a multi-year definitive agreement to support Azure Hydrogen’s (Azure’s) zero-emission fuel-cell bus program for the China market. Azure plans to partner with Chinese bus manufacturers in a phased development program for deployment of zero-emission fuel-cell buses in China, utilizing Ballard’s fuel-cell technology.

For the first phase of the program, Ballard has agreed to provide a license, associated equipment and engineering services to enable assembly of FCvelocity-HD7 bus power modules by Azure in China. As per the agreements, once this assembly capability is established, Azure will assemble modules with fuel-cell stacks to be supplied exclusively by Ballard.

The expected value of the contract to Ballard over the initial 12 months of the first phase will be approximately $11 million, related to the license for module assembly together with associated equipment and services. If Azure’s China bus program progresses as planned, the contract will generate value beyond the $11 million license revenue, commensurate with the volume of fuel-cell stacks to be ordered.

Azure plans to secure funding from Chinese sources, including both private investors and governments, to enable the development of fuel-cell bus fleets in China for initial public transit service by 2015.

FCvelocity-HD7 will be the next-generation of Ballard’s fuel-cell power module, designed specifically for integration into bus applications. The product reflects improved durability and reliability as well as a significant reduction in cost, according to the company. This key product development initiative has been supported by Sustainable Development Technology Canada, an arm of the Government of Canada that helps commercialize Canadian clean technologies, readying them for growth and export markets.


View comments or post a comment on this story. (0 Comments)

More News

AVTA to become nation's first 100% electric bus fleet

BYD Motors will build and deliver a variety of all-electric bus models including a 40-foot low-floor transit bus, a 60-foot low-floor articulated bus, and a 45-foot commuter coach.

Bridj, KCATA, Ford partner for urban mobility pilot project

The transformative program is the first U.S. public-private partnership that brings together a major U.S. transit agency, an automaker and an urban technology company with the aim of enhancing Kansas City’s existing mass transit system by providing greater access and mobility to residents.

L.A. Metro opens new 'green' bus facility

Division 13 will serve as a bus maintenance, operations and service facility with a multi-level parking garage that accommodates 200 CNG buses, fueling equipment, transportation offices and support areas.

Starcraft Bus named Ford's top volume pool account for 10th year

The company has purchased and sold more Ford E-Series chassis than any other bus manufacturer in North America since 2006.

Cummins announces new 'SmartEfficiency' initiative

The product improvement plan focuses on improved fuel efficiency, lower total cost of ownership and improved uptime.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close