Ballard inks contract with Stadler to supply fuel cell engines to power first hydrogen train in United States
The contract to provide the hydrogen-powered train was awarded to Stadler by
"We continue to see the critical role hydrogen will play in decarbonizing our economy. We are excited to work with Stadler, a global industry leader in rail manufacturing, to reduce emissions in the transportation sector and bring the first hydrogen powered, zero emission passenger train to
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.
Stadler has been building trains for 80 years. The provider of mobility solutions in rail vehicle construction, service and signaling technology has its headquarters in Bussnang, eastern
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