Ballard and AUDI Sign Definitive Agreements Regarding Use of Industry-Leading High-Power Density Fuel Cell Stack for Vehicle Propulsion
Canada NewsWire
VANCOUVER, BC, Oct. 29, 2020
VANCOUVER, BC, Oct. 29, 2020 /CNW/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced that it has signed definitive agreements – in the form of Amendments to the existing Technology Development Agreement and a Patent License Agreement – with AUDI AG related to the non-binding Memorandum of Understanding previously announced in a press release on September 14, 2020, thereby expanding Ballard's right to use the FCgen®-HPS product, a high-performance, zero-emission, proton exchange membrane (PEM) fuel cell stack in all applications, including commercial trucks and passenger cars.
The FCgen®-HPS fuel cell stack provides 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). This marks another power density milestone for Ballard over the Company's decades of PEM fuel cell product innovation. The FCgen®-HPS was fully designed and developed by Ballard to stringent automotive standards in the company's Technology Solutions program with AUDI AG.
In addition to its leading high-power density, the FCgen®-HPS delivers a combination of impressive performance metrics, including:
- High power output: up to 140kW maximum power level, with scalability to multiple power blocks;
- High operating temperature: up to 95oC maximum operating temperature, which allows for more efficient and smaller cooling systems; and
- Rugged cold weather capabilities: -28oC freeze start capability with fast power ramp.
More information regarding the FCgen®-HPS fuel cell stack is available here. |
