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Volkswagen Group returns to profitability with new record for sales revenue and operating result in 2016

Green Car Congress

The Volkswagen Group expects the global economy to record slightly higher growth in 2017 than in the previous year. It expects trends in the passenger car markets in the individual regions to be mixed in 2017. In terms of the Group’s operating result, Volkswagen anticipates an operating return on sales of between 6.0%

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Ballard Power signs deal for production of fuel cell stacks in China; est. $168M over 5 years; buses and commercial vehicles

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The fuel cell stacks will be packaged into locally-assembled fuel cell systems and integrated into electric buses and commercial vehicles in China. Ballard will have the exclusive right to purchase fuel cell stacks and sub-components from the joint venture for sale outside China.

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CARB Executive Order certifies Toyota’s heavy-duty fuel cell electric powertrain kit as a Zero-Emission Powertrain (ZEP)

Green Car Congress

kg capacity, 700 bar), fuel cell stacks, electric motor (224 kW peak, 192 kW steady) and transmission, and offers a viable alternative to traditional diesel powertrains used in commercial goods transportation as companies look to transition their fleets to zero-emission vehicles.

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Ballard closes transaction with Broad-Ocean for fuel-cell system manufacture & sales in China

Green Car Congress

Ballard Power Systems closed the transaction announced in February 2017 relating to technology transfer, licensing and supply arrangements with strategic partner Zhongshan Broad-Ocean Motor Co., for the assembly and sale of FCveloCity 30-kilowatt (kW) and 85kW fuel cell systems in China.

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Ballard signs $25M deal with Broad-Ocean for manufacture & sales of 30 and 85 kW fuel cell systems in China

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Our strategic partnership with Broad-Ocean is a central piece in our China strategy, premised on the establishment of a comprehensive local fuel cell supply chain and related ecosystem to address the fast-growing clean energy bus and commercial vehicle markets. —Randy MacEwen, Ballard President and CEO.

China 150
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Ford and Volkswagen expand global collaboration to include EVs, invest in Argo AI

Green Car Congress

In 2017, Ford announced it would invest $1 billion over five years in Argo AI—an artificial intelligence software startup founded by former Google and Uber leaders—to develop an SAE Level 4 virtual driver system for the automaker’s autonomous vehicle coming in 2021, and for potential license to other companies. Earlier post.).

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Ballard closes JV deal for fuel cell stack production in China

Green Car Congress

The fuel cell stacks manufactured by the JV are expected to be used primarily in locally-assembled fuel cell systems to provide propulsion power for zero-emission buses and commercial vehicles in China. After commissioning of the operation, the JV will have an exclusive right to manufacture and sell FCvelocity-9SSL stacks in China.

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