Ballard Fuel Cells to Power Half of Hydrogen Fleets

April 28, 2004 by Jeff Shepard

Ballard Power Systems Inc. (Vancouver, BC) announced that supports the US Department of Energy and the $350 million, five-year funding program announced by Secretary Spencer Abraham to support research grants targeted at making hydrogen-fueled vehicles a commercial reality by 2015. Total funding committed by the government and private industry for the initiative is $575 million, which will assist in the advancement and further development of hydrogen-fueled vehicles and the hydrogen infrastructure.

“The Administration’s $350 million initiative demonstrates its leadership and commitment to a hydrogen-fueled automotive future through its support for fleet validation demonstrations, which will see over 150 fuel cell vehicles on the roads across North America, with over half of the announced fuel cell vehicles being powered with Ballard fuel cells,” stated Ballard President and Chief Executive Officer Dennis Campbell. “Our involvement in this project will be extensive as the exclusive supplier to our alliance partners DaimlerChrysler AG and Ford Motor Co. Our fleet vehicles will yield a wealth of operational data under everyday driving conditions that we will use to optimize the design of our next-generation fuel cell engine, currently under development.”