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Ballard announces plan to scale production & reduce costs of next generation bipolar plates

Ballard announces plan to scale production & reduce costs of next generation bipolar plates ...

articleBallard Power Systems Inc.June 12, 20235/company/ballard-power-systems-inc/news/ballard-announces-plan-to-scale-production-and-reduce-costs-of-next-generation-bipolar-plates
Ballard announces plan to scale production & reduce costs of next generation bipolar plates

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[{"type":"text","content":"\n \n \n \n Ballard announces plan to scale production & reduce costs of next generation bipolar plates\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n Ballard announces plan to scale production & reduce costs of next generation bipolar plates\n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n June 12, 2023\n \n \n /CNW/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) announced today its plan to materially reduce the costs and scale production capacity of next generation, proprietary graphite bipolar plates, including the introduction of disruptive manufacturing technology.\n \n \n \n \n \n \n \n \n \n This project is the logical progression after Ballard completed two important milestones – the development of next generation, thin flexible graphite bipolar plates, and an expansion of membrane electrode assembly (MEA) manufacturing capacity in\n \n Canada\n \n as part of Ballard's \"3 by 3\" stack cost reduction program. Bipolar plates are the next largest cost item in a fuel cell stack after MEAs, and Ballard expects the implementation of this project, including next generation plate manufacturing processes and the introduction of new lower cost material suppliers, to result in cost savings of up to 70%, following commissioning expected in late 2025.\n \n \n Ballard's next generation, thin flexible graphite bipolar plates significantly reduce plate materials while enabling high power density stacks, which are critical for certain market applications. Graphite bipolar plates are the optimal choice for Ballard's heavy-duty mobility markets as they offer long durability, re-usability at stack end-of-life, and high power density, while also offering the lowest plate cost at current and scaled volumes.\n \n \n Beyond product cost savings, the project will increase Ballard's plate manufacturing capacity by approximately 10 times while significantly improving graphite and resin material yield and reducing production takt times. Ballard has also developed several novel manufacturing processes that enable full automation o...

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