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Ballard Expanding MEA Production Capacity 6x to Meet Expected Growth in Fuel Cell Electric Vehicle Demand
Ballard Expanding MEA Production Capacity 6x to Meet Expected Growth in Fuel Cell Electri...
About this update from Ballard Power Systems Inc.
[{"type":"text","content":"Ballard-MEA-Expansion\n \n \n \n Ballard Expanding MEA Production Capacity 6x to Meet Expected Growth in Fuel Cell Electric Vehicle Demand\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 \n Canada NewsWire\n \n \n VANCOUVER, BC, Sept. 28, 2020\n \n \n \n \n VANCOUVER, BC,\n \n Sept. 28, 2020\n \n /CNW/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced the company is expanding manufacturing capacity for production of its proprietary membrane electrode assemblies, or MEAs – a critical component of every fuel cell – 6x by early 2021 at its headquarter facility in\n \n Vancouver\n \n . The upgraded capacity for production of 6 million MEAs annually, equivalent to approximately 1.66 Gigawatts of product, will make Ballard's\n \n Vancouver\n \n facility the largest fuel cell MEA production operation globally for commercial vehicles. Details of the expansion plan will be reviewed at Ballard's virtual\n \n \"Investor and Analyst Day 2020\"\n \n event being held on\n \n September 29\n \n \n th\n \n , with further event details available\n \n \n here\n \n \n .\n \n \n \n \n \n \n \n \n \n \"We embarked on a strategic investment to expand MEA manufacturing capacity approximately 18-months ago in preparation for expected growth in the demand for fuel cell engines to power Heavy- and Medium-Duty Motive applications, including bus, truck, train and marine vessels,\" said Ms.\n \n Jyoti Sidhu\n \n ,\n \n Ballard\n \n Vice President of Operations. \"With completion of this expansion program planned for early 2021, we will be providing a review of our production capacity expansion, including a video overview, during our upcoming virtual\n \n Investor and Analyst Day 2020\n \n on\n \n September 29\n \n \n th\n \n .\"\n \n \n Ms. Sidhu also noted, \"We have focused on achieving our operational excellence plan as we significantly expand production capacity. In addition to the increased MEA production capability, we are simultaneously expanding our capacity for fuel cell stacks and assembly of complete modules, or engines, in\n \n Vancouver\n \n b...