Tag: Ballard Power Systems
Ruh-Roh, Here Comes Yet Another Electric Truck
A five-way consortium aims to build fuel cell a Class 6 fuel cell electric truck for the North American market, aimed at decarbonizing middle-mile trips among warehouses.
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Perpetual Hydrogen Money Loser FuelCell Energy, Like Ballard, Pivoted From Batteries
How can a company never make a profit for over 50 years and still be around? How can it still find investors? FuelCell Energy is that company, and its continuing existence, like that of other perpetual money losing hydrogen fuel cell firms Ballard Power and Plug Power, is deeply perplexing. … [continued]
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Nikola Bankruptcy Just Part Of Crumbling Of Hydrogen For Transportation
Nikola, with its hydrogen trucks, has finally left the building. The company gained widespread attention after going public via a SPAC merger in 2020, briefly reaching a market valuation of over $30 billion. However, founder Trevor Milton was complicit in the SPAC pump and dump, misleading investors about Nikola’s technological … [continued]
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