Ballard Power Systems has a signed has signed a 3.5-year extension with Audi and their HyMotion program to August 2022. The contract extension is expected to be US$62-100 million and will support Audi through its small series production launch.
The extension is another signal to the marketplace that major automotive companies are looking beyond battery-only solutions.
According to Ballard’s press release:
The HyMotion program encompasses automotive fuel cell stack development as well as system design support activities. Ballard is focused on the design and manufacture of world-leading, next-generation fuel cell stacks for use in Audi’s demonstration car program. Ballard engineers are leading critical areas of fuel cell product design – including the membrane electrode assembly (MEA), plate and stack components – along with certain testing and integration work.
Randy MacEwen, Ballard President and CEO stated, “The long-term HyMotion program is a testament to the commitment that Volkswagen Group and Audi have shown toward fuel cell electrification and their partnership with Ballard. Ballard is committed to supporting Volkswagen and Audi’s corporate fuel cell automotive goals and objectives. We believe the Ballard-designed fuel cell stacks integrated into Audi’s propulsion systems and vehicles will deliver outstanding automotive fuel cell performance, including highest power density, lightest weight, highest durability and robust freeze start capabilities.”
Mr. MacEwen added, “The automotive industry is undergoing extraordinary transformation, driven by electrification, shared mobility and autonomy. We believe shared mobility and autonomy will fundamentally change passenger car utilization rates, with much longer daily range requirements and longer hours of operation. We expect fuel cell electrification to uniquely provide the passenger vehicle market with zero-emissions, low noise and smooth acceleration while also meeting long daily range and rapid refueling requirements.”
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