Ballard enters strategic partnership with Weichai Power; 19.9% stake in Ballard and new JV; fuel cell commercial vehicles
Green Car Congress
AUGUST 30, 2018
a commitment by Weichai to build and supply at least 2,000 fuel cell modules for commercial vehicles in China. In addition, Zhongshan Broad-Ocean Motor —a current Ballard strategic investor and Chinese partner—has agreed to invest a further approximately $20 million at the same 15% premium to maintain its 9.9%
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