Ballard Announces Follow-On Order From Solaris For 20 Fuel Cell Modules to Power Buses in The Netherlands
These modules will power 20 Solaris Urbino 12 hydrogen buses planned for deployment in South Holland, the most populous province of
The Solaris Urbino 12 hydrogen model Fuel Cell Electric Bus (FCEB) – capable of traveling 350 kilometers on a single hydrogen refueling – was introduced in 2019. The bus incorporates an axle with two electric motors and is equipped with a climate control system utilizing heat generated by Ballard's fuel cell module. Shipments of the 20 FCmove™-HD modules to Solaris are expected to match the timing for bus builds and deployments.
This release contains forward-looking statements concerning anticipated product performance and other characteristics, product deliveries and deployments. These forward-looking statements reflect Ballard's current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any such forward-looking statements are based on Ballard's assumptions relating to its financial forecasts and expectations regarding its product development efforts, manufacturing capacity, and market demand.
These statements involve risks and uncertainties that may cause Ballard's actual results to be materially different, including general economic and regulatory changes, detrimental reliance on third parties, successfully achieving our business plans and achieving and sustaining profitability. For a detailed discussion of these and other risk factors that could affect Ballard's future performance, please refer to Ballard's most recent Annual Information Form. Readers should not place undue reliance on Ballard's forward-looking statements and Ballard assumes no obligation to update or release any revisions to these forward looking statements, other than as required under applicable legislation.
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