Ford and Ford Credit to Participate in J.P. Morgan Auto Conference
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Ballard (BLDP) jumps on announced partnership with Ford (F)
August 3, 2023 9:12 AM EDTShares of Ballard Power Systems (NASDAQ: BLDP) are up more than 8% in pre-market trading Thursday morning after the fuel cell company announced a partnership with Ford Motor Company (NYSE: F).
Ballard announced that they have signed a letter of intent (LOI) to provide Ford with a fuel cell system for their trucks, marking a significant step in the development of a hydrogen fuel cell-powered vehicle prototype. The partnership includes an initial purchase order for 2 FCmove-XD 120 kW fuel cell engines that are... More
