Quantron AG orders 140 fuel cell engines from Ballard
The global electric integrator is working to help accelerate the adoption of H2-powered trucks. Ballard Power Systems has announced that it has made a minority equity investment into Quantron AG for the purpose of accelerating the adoption of hydrogen fuel cell trucks. Quantron is a global electric vehicle integrator that has made a considerable H2 engine order. As a part of the recent €50 million financing round at Quantron, the proceeds of Ballard’s investment into the company will be used for the development of the fuel cell truck platforms. This was established under Joint Development Agr…
The global electric integrator is working to help accelerate the adoption of H2-powered trucks.
Ballard Power Systems has announced that it has made a minority equity investment into Quantron AG for the purpose of accelerating the adoption of hydrogen fuel cell trucks.Quantron is a global electric vehicle integrator that has made a considerable H2 engine order.
As a part of the recent €50 million financing round at Quantron, the proceeds of Ballard’s investment into the company will be used for the development of the fuel cell truck platforms. This was established under Joint Development Agreement terms. Ballard is going to be Quantron’s exclusive supplier of fuel cells for those platforms.
As a component of the strategic partnership between the two companies, Quantron has made a commitment to buy 140 FCmoveTM modules for a total of 17 megawatts. The agreement also included an option for the purchase of another 50 units. The current delivery estimate for the modules is in 2023 and 2024.