Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced reaching a commercial agreement with New Flyer, a subsidiary of NFI Group Inc., (“NFI”; TSX: NFI; www.nfigroup.com), a leading provider of diverse and sustainable mobility solutions in North America and Europe.
The agreement for 500 FCmove®-HD+ fuel cell engines, totaling 50 MW, represents the largest single commitment from New Flyer since the partnership began. Deliveries, starting in 2026, will power New Flyer’s Xcelsior CHARGE FC™ hydrogen fuel cell buses across North America.
“We are proud that New Flyer continues to place their trust in Ballard as their long‑term technology partner, building on a relationship that spans more than a decade. Our fuel cell engines, backed by additional fleet services, deliver the range, rapid refueling, and reliable performance New Flyer’s fleets require. With Ballard technology at the core of these vehicles, New Flyer is well positioned to accelerate zero‑emission deployments across North America,” said Oben Uluc, Ballard’s Sales & Marketing Vice President.
“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,” said David White, Executive Vice President, Supply Management, New Flyer. “Over the last decade we’ve delivered buses powered by Ballard in multiple jurisdictions from coast to coast showing their capability to operate in different environments and routes as a 1-for-1 diesel replacement. With growing demand for fuel cell buses, we are excited to continue this partnership as we support the transition to zero-emission transportation.”
Today, Ballard powered fleets have grown to more than 2,200 fuel cell buses worldwide, collectively logging over 250 million kilometers with 98% availability and zero reported safety incidents. With additional sales of Ballard Fleet Services — including training, technical support, parts supply, operational monitoring, digital insights, and ongoing stack servicing – Ballard and its customers unlock additional value that strengthens fleet performance.
