GLOBE NEWSWIRE, 17 March 2020
alphaDIRECT Advisors, an Investor Intelligence firm, announced today that Shawn Severson, Founding Partner, conducted a review of Ballard Power Systems, Inc. (NASDAQ/TSX: BLDP) to discuss the Deloitte China and Ballard Power Systems joint paper “Fueling the Future of Mobility: Hydrogen and Fuel Cell Solutions for Transportation” with Dr. Kennet DeWoskin, Senior Advisor to Deloitte.
“The Deloitte China-Ballard joint white paper, published in January 2020, focuses on TCO analysis of mobility applications. The white paper encompasses various transportation use cases in different parts of the globe, providing detailed cost comparisons between fuel cell electric, battery electric and internal combustion engine solutions. The white paper concludes that fuel cells will be the lowest-cost solution available within this decade, and sooner than previously expected. In this interview we review the implications for Ballard and the overall fuel cell sector. As with most technology, cost reduction is a significant factor in driving wide scale commercial adoption, with fuel cell technology already having been proven highly efficient and effective for certain transportation use cases,“ said Mr. Severson, Founding Partner of alphaDIRECT Advisors.