Ballard Power Systems

Company Snapshot

Founded: 1979
Entity Type: Public
Region: U.S.
Revenue: $99.4 Millions
Revenue Year: 2024
Headquarter: British Columbia, Canada
Key Geographics: U.S., Germany, Canada, China, Poland, U.K., Netherlands, France, Denmark, Belgium, India, Taiwan, Spain, Norway, Australia, Japan
Corporate Address: 9000 Glenlyon Parkway Burnaby, British Columbia V5J 5J8 Canada Tel. +1-604-454-0900 www.ballard.com

Company Overview

Ballard Power Systems designs and manufactures proton exchange membrane (PEM) fuel cell products for material handling, portable power, and backup power applications. It offers a range of products, including heavy-duty modules, fuel cell stacks, membrane electrode assemblies, bipolar plates, stack design, and backup power systems. It offers products for various applications, including transit buses, automobiles, trucks, rail, material handling, critical infrastructure, defense, and uncrewed aerial vehicles (UAVs).

Ballard Power Systems reuses PEM fuel cell stacks, replacing only the membrane electrode assembly and other components. The membrane electrode assemblies are sent to a precious metal reclaimer. It recycles it with the help of carbon bipolar plates and disassembles stacks to recycle fuel cell components and metals using conventional recycling methods. It has manufacturing facilities in China, the U.S., and Europe, with presence across North America, Europe, and the Asia-Pacific region.

Financial Highlights (FY 2025)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***

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Ballard Power Systems In Reports

Hydrogen Fuel Cell: Global Markets

Explore the global hydrogen fuel cell market by product type, technology, application and region, covering PEM, SOFC, PAFC and growth trends to 2031.

Global Hydrogen Fuel Cell Recycling Market

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Global Market for Fuel Cells for Residential, Commercial and Military Power

Our detailed report on Fuel Cells for Residential Commercial & Military Power Market considered a base year, 2025 is an estimated year, and market values are forecasted for five years until 2030.

Company's Business Segments

  • Heavy-Duty Mobility : Heavy-Duty Mobility sement includes Bus Fuel Cell, Truck Fuel Cell, Rail Fuel Cell, Marine Fuel Cell.
  • Stationary : This segment includes Stationary Power Generation Fuel Cell Modules, Stacks, Products, Services
  • Emerging and Other : This segment consisting of Material Handling, Off-Road, Other Applications

Applications/End User Industries

  • Automotive
  • Hydrogen Fuel Cells
  • Rail
  • Transport
  • Marine
  • Infrastructure
  • Transit Bus
  • Trucks
  • Material Handling
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