Ballard announces commercial agreement with New Flyer for 50 MW of fuel cell bus engines

Executive Summary

• Ballard Power Systems entered a commercial agreement with New Flyer (NFI Group) for the supply of 500 FCmove®‑HD+ fuel‑cell engines, totaling 50 MW.
• The deal represents New Flyer’s largest single commitment to Ballard since the partnership began, with deliveries slated to start in 2026 for Xcelsior CHARGE FC™ buses across North America.
• The agreement underscores growing demand for zero‑emission transit solutions and expands Ballard’s installed base, now exceeding 2,200 fuel‑cell buses worldwide.

Key Details

• Quantity & Capacity: 500 FCmove®‑HD+ fuel‑cell engines delivering a combined 50 MW of power.
• Delivery Schedule: First deliveries to commence in 2026; subsequent deliveries aligned with New Flyer’s production ramp‑up.
• Application: Engines will power New Flyer’s Xcelsior CHARGE FC™ hydrogen fuel‑cell buses for North American transit operators.
• Strategic Significance: Largest single commitment from New Flyer to date, reinforcing a partnership that spans more than a decade.
• Fleet Impact: Ballard‑powered fleets now total >2,200 fuel‑cell buses globally, with >250 million km logged, 98 % availability and zero reported safety incidents.
• Additional Services: Sale includes Ballard Fleet Services – training, technical support, parts supply, operational monitoring, digital insights, and stack servicing.
• Financial Outlook (Forward‑looking): The agreement is expected to contribute positively to Ballard’s revenue growth and market penetration in the zero‑emission bus segment; specific financial terms were not disclosed.

Notable Quotes

“We are proud that New Flyer continues to place their trust in Ballard as their long‑term technology partner… With Ballard technology at the core of these vehicles, New Flyer is well positioned to accelerate zero‑emission deployments across North America,” – Oben Uluc, Sales & Marketing Vice President, Ballard.

“This agreement is the next step in our long‑standing partnership with Ballard and a key component in advancing our leading fuel cell bus offerings,” – David White, Executive Vice President, Supply Management, New Flyer.