Ballard Power Systems and China: Better Late than Never

March 27th, 2017 Posted by Capital Markets, China Business Development No Comment yet

Rapid market adoption of non-polluting hydrogen powered buses in China is giving fuel cell supplier Ballard Power Systems a boost to its stock price. BLD is up 63% over the past 12 months, with 40% of sales coming from China. Ballard’s biggest shareholder is Zhongshan Broad-Ocean Motor Co., and the partnership is expected to drive costs down and accelerate deployment.

Read the Bloomberg article here.

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