Ballard Hosts Successful Virtual "Investor and Analyst Day 2020" Event Canada NewsWire
VANCOUVER, BC, Sept. 30, 2020
VANCOUVER, BC, Sept. 30, 2020 /CNW/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced that the Company hosted a virtual "Investor and Analyst Day 2020" event on September 29th.
Company executives and a panel of clean energy experts delivered informative and insightful presentations and perspectives, as well as answering investors' questions, all of which underscored Ballard's leading position in the fast-growing hydrogen and fuel cell marketplace, with the company's focus on electrification of Heavy- and Medium-Duty Motive applications. The event encompassed a comprehensive review of Ballard's strategic plan – including key market opportunities – as well as progress across a number of important commercial, technology and operational fronts.
Prior to this event, Ballard issued important announcements that were discussed during the course of its virtual "Investor and Analyst Day 2020":
Launch of FCwaveTM Fuel Cell Module – September 8: Launch of the fuel cell industry's first module designed for primary propulsion power in marine vessels. This fuel cell product is a 200-kilowatt modular unit that can be scaled in series up to the multi-megawatt power level.Launch ofFCgen®-HPS High-Power Density Fuel Cell Stack – September 14: Launch of a high-performance, zero-emission, proton exchange membrane (PEM) fuel cell stack, to provide propulsion for a range of Light-, Medium- and Heavy-Duty vehicles in an industry-leading volumetric high-power density of 4.3 kilowatts per liter (4.3 kW/L).Agreement to Collaborate with MAHLE – September 28: Announcement of an agreement to collaborate with MAHLE, a leading international development partner and Tier 1 supplier to the commercial vehicle and automotive industry, on the development and commercialization of zero-emission fuel cell systems to provide primary propulsion power in various classes of commercial trucks. 6x Expansion in MEA Production Capacity – September 28: Announcement of the expansion of manufacturing capacity for production of proprietary membrane electrode assemblies, or MEAs – a critical component of every fuel cell – 6x by early 2021 at Ballard's headquarter facility in Vancouver, making this facility the largest fuel cell MEA production operation globally for commercial vehicles. A replay of the virtual "Investor and Analyst Day 2020" webcast is available at the Company's website, www.ballard.com/investors, along with presentation material covering the following topics:
Speaker
| Topic
| Randy MacEwen
President & CEO
Ballard Power Systems
| • Ballard Strategic Direction
| Dr. Ken DeWoskin – Senior Advisor to
Deloitte
Dr. David Hart – Director, E4tech
Bernd Heid – Senior Partner, McKinsey &
Company
| • Panel Discussion – "Fuel Cell Value Proposition and Competitive Positioning"
| Rob Campbell
Vice President & CCO
Ballard Power Systems
| • Power Products Growth Platform
| Dr. Kevin Colbow
Vice President & CTO
Ballard Power Systems
| • Technology Solutions Growth Platform
• Product Roadmap
| Alfred Wong – Managing Director, Asia
Pacific
Jesper Themsen – CEO, Ballard Power
Systems Europe A/S
Oben Uluc – Director of Sales – EMEA
Nicolas Pocard – Director of Marketing
Ballard Power Systems
| • China Market
• Europe Market
• California Market
| Dr. Lee Sweetland
Director of Advanced Manufacturing
Ballard Power Systems
| • Cost Reduction Strategy
| Jyoti Sidhu
Vice President, Operations
Ballard Power Systems
| • Operations Update
| Jan Laishley
Vice President, Human Resources
Ballard Power Systems
| • ESG & People
| Tony Guglielmin
Vice President & CFO
Ballard Power Systems
| • Financial Overview
| |
