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Ballard Power Systems and Forsee Power to enter long-term strategic partnership to develop and commercialize integrated fuel cell and battery solutions for heavy-duty hydrogen mobility
Ballard Power Systems and Forsee Power to enter long-term strategic partnership to develo...
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[{"type":"text","content":"\n \n \n \n Ballard Power Systems and Forsee Power to enter long-term strategic partnership to develop and commercialize integrated fuel cell and battery solutions for heavy-duty hydrogen mobility\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 \n \n Ballard Power Systems, a world leader in PEM fuel cell technology, will subscribe as a cornerstone investor in the proposed IPO of Forsee Power on Euronext Paris\n \n \n VANCOUVER, BC and\n \n PARIS\n \n ,\n \n Oct. 18, 2021\n \n /CNW/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BDLP), a world leader in PEM fuel cells, and Forsee Power, a leader in smart battery systems for sustainable electromobility, announce the signing of a Memorandum of Understanding (MOU) for a strategic partnership to develop fully integrated fuel cell and battery solutions, optimized for performance, cost and installation for heavy-duty hydrogen mobility applications.\n \n \n \n \n \n \n \n \n \n \n A fully integrated solution for hydrogen mobility\n \n \n \n The partnership of Ballard and Forsee Power brings together two industry leaders to develop a fully integrated solution combining a fuel cell and battery system, optimized to meet the needs of targeted medium and heavy-duty mobility markets of bus, truck, rail, marine, and off-road.\n \n \n This strategic partnership is the beginning of a long-term collaboration involving the co-design, co-development, production, marketing, and sales of integrated fuel cell-battery solutions.\n \n \n With complementary technologies, customers, verticals and markets, the Ballard and Forsee Power partnership is expected to increase technological performance, optimize costs, extend service life, and reduce customer friction points by providing pre-integrated and optimized electric powertrain solutions.\n \n \n \n Combining technological know-how and experience\n \n \n \n Hydrogen electric powertrains are made up of a number of key components, including the fuel cell module, battery system, and Energy Management System (EMS). The fuel cell module, which is powered by h...