Ballard Power -world leader zero-emission PEM fuel cells Message Board

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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells

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1:36 PM EST

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To: Sid Turtlman who wrote (717)	5/30/1997 6:30:00 PM
From: James Bliss	of 5827

Hi Sid, I just got the Ballard's Q1 report in the mail. The following quote directly from it explains the delay in the bus effort: "...Daimler is also the largest manufacturer of buses and heavy trucks in the world. Together, through our joint fuel cell engine company, we now plan to pursue the high volume, global markets for heavy duty fuel cell engines for these vehicles on a worlwide basis. This change from Ballard's previous strategy, which was to initially enter the niche transit bus engine market in North America, is expected to delay the introduction of heavy duty fuel cell engines by two or three years." Jamie

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