Market Update - Ballard Power Systems

Market Update
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Occttoobbeerr 2244,, 22001133
Van Hool & Ballard Presented with “Ecology
Award” at Kortrijk Busworld Europe Event
KORTRIJK, BELGIUM – Ballard Power Systems and our
partner Van Hool were presented with the “Ecology Award”,
coincident with the Busworld Europe industry event held in
Kortrijk,
Belgium
(http://kortrijk.busworld.org/),
for
successfully combining: (i) a new vehicle concept, with (ii) a
high efficiency fuel cell hybrid driveline, and (iii) a high level of
passenger comfort in a bus deployed in San Remo, Italy.
The competition was held on the eve of the Busworld Europe
exhibition, involving six buses and twelve coaches. All
participants were subjected to a number of tests and
observations by teams of experienced field jury members.
Van Hool is a Belgian-based independent bus, coach and
industrial vehicle OEM with a long history of innovation in fuel
cell bus manufacturing. By 2014 the Company plans to have
27 buses – powered by Ballard fuel cell modules – operating
in these European cities: Oslo, Norway (5 buses); Cologne,
Germany (2); San Remo, Italy (5); Flanders, Belgium (5);
and Aberdeen, Scotland (10).
Ballard anticipates powering 40 of the 50 zero emission fuel
cell buses used in transit service on European roads in 2014,
including the 27 Van Hool buses.
Increased volumes of fuel cell-powered buses are supporting
cost reductions through scale economies in sourcing and
manufacturing, enabling fuel cell solutions to compete more
effectively with incumbent transit technologies.
Paul Jenne, Transit Bus Project Manager at Van
Hool (right) and Daljit Bawa, Ballard’s Director of
European Bus Sales accepting the “Ecology Award”
Ballard’s FCvelocity®-HD7 will be the next-generation of fuel
cell power module, designed specifically for integration into
buses and reflecting improved durability, reliability along with
significant cost reduction.
About Ballard Power Systems
Ballard Power Systems (TSX: BLD) (NASDAQ: BLDP) provides clean energy fuel cell products
enabling optimized power systems for a range of applications. Products deliver incomparable
performance, durability and versatility. To learn more about Ballard, please visit www.ballard.com.
Contact: [email protected]
1
www.ballard.com
Market Update
O
Occttoobbeerr 2244,, 22001133
Van Hool & Ballard Presented with “Ecology
Award” at Kortrijk Busworld Europe Event
Some of the statements contained in this Market Update may be forward-looking statements or
forward–looking information within the meaning of the U.S. Securities Act of 1933, the U.S.
Securities Exchange Act of 1934, or Canadian securities laws. Readers should not place undue
reliance on any forward-looking statements and should refer to our Annual Information Form
(available on our website and filed with applicable securities regulators) for our complete forwardlooking disclaimer, including a description of the risks and uncertainties that could cause actual
outcomes to differ materially from those described herein, which applies to this release and is
incorporated herein by reference.
Contact: [email protected]
2
www.ballard.com