«We are seeing growth indicators across our Bus, Rail, Marine and Stationary verticals. In our Bus segment, so far in 2024, we have announced or secured repeat orders from three customers totaling approximately 1,200 fuel cell engines», the Ballard announced in the report on consolidated financial results for the first quarter of 2024.
”We are particularly encouraged with our progress over the past 6 months with new order intake,” said Randy MacEwen, Ballard’s President and CEO. “After booking $64.7 million of new orders in the fourth quarter of 2023, we booked another $64.5 million of new orders in Q1, bringing total new bookings over the past two quarters to $129.2 million. We are seeing growth indicators across our Bus, Rail, Marine and Stationary verticals. In our Bus segment, so far in 2024, we have announced or secured repeat orders from three customers totaling approximately 1,200 fuel cell engines. We also announced an order for 15 MW of fuel cell engines from a repeat customer in our Stationary vertical. We are excited by the increasing order sizes as customers transition from demonstrations to larger scale deployments.”
Photo of Ballard
Describe more in press release https://shorturl.at/vwNOZ
