The current standard in all things transportation is China. It makes policy with which even automakers in Germany need to comply if they want to keep their foot in the door. Air pollution in many large Chinese cities is so high that politicians have been forced to take drastic measures. It is the reason why the government is providing massive amounts of subsidies to promote electric transportation, which has led to half of all electric vehicles worldwide being manufactured in China – and driven there as well.
The conference call of Canadian-based Ballard Power Systems about the latest figures from the last quarter of 2015 – and consequentially, for all of last year – revealed some very intriguing news, comments and plans for the future. I will refrain from discussing the figures (or losses posted) and interpreting them (how the individual business fields developed). Instead, I will focus on the excellent outlook