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The company was re-organized, spinning off the battery side to BTC Engineering, while the fuel cell side became Ballard Technologies Corp. Feeling the technology was ready for commercial use, in 1989 Ballard raised $4 million in public money from the British Columbia government to build a fuel cell powered bus, introducing it at Science World ...
Ballard was founded in 1979 by geophysicist Geoffrey Ballard, Keith Prater, and Paul Howard, under the name Ballard Research Inc. to conduct research and development on high-energy lithium batteries. Since committing to the development of PEM fuel cell technology in 1989, Ballard has delivered PEM fuel cell products worldwide to a number of ...
In March 2018, the US battery manufacturer Lithium Werks announced it took over the Chinese factory of A123 Systems in Changzhou, plus the workforce and clients base in China, Europe and the United States. After the merger the Texas-based company owns factories in China and offices in the US, the Netherlands, Northern Ireland, the UK and Norway ...
Ballard Power Systems Inc. (NASDAQ:BLDP) shares are trading lower after it reported third-quarter results. Revenue fell 45% year-over-year to $14.8 million, missing the analyst consensus estimate ...
Contemporary Amperex Technology Co., Limited (CATL) is a Chinese battery manufacturer and technology company founded in 2011 that specializes in the manufacturing of lithium-ion batteries for electric vehicles and energy storage systems, as well as battery management systems (BMS). [3]
China continues to buy stakes in mining operations around the world. The world's largest lithium mine in Australia, Greenbushes, is controlled by China's Tianqi Lithium with its 51% stake. [5] In the decade since 2010, the market capitalization of China's lithium battery has had an average annual growth of 14%. [6]