Ballard Power Systems Expects Gross Margins Of 20%+ In 2027, Scaling To 25%+ By 2028; Plans To Allocate $80M-$120M In Capex To Expand Its Hydrogen Power Unit Fleet
Ballard Power Systems (NASDAQ:BLDP) (TSX:BLDP) today held the Ballard Forum. Notable highlights included:Expanded Business Model: Ballard's business model has grown to add Energy-as-a-Service to existing equipment
Ballard Power Systems is spending big money to grow its hydrogen fuel cell business. They say profits will get bigger over the next couple of years as they build more.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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