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Ballard Power – Growth begins in 2020/21

Ballard Power – Growth begins in 2020/21

Randy MacEwen
Randy MacEwen

Forget the quarterly figures for Ballard Power this year. They are only important to analysts. The CEO already said at the beginning of the year and recently underlined in a Bloomberg interview that this calendar year will be used to build capacity in China (production of the LCS stacks together with Weichai), among other things, to position themselves, to strengthen the central production and R&D location in Vancouver, to expand the workforce and to tackle pilot projects as a basis for orders.

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Tesla – Price bubble through Short Squeeze?

Tesla – Price bubble through Short Squeeze?

Cybertruck - with the usability of a truck and the performance of a sports car
Cybertruck – usability of a truck and the performance of a sports car, © Tesla

Tesla’s share price rose sharply from US$ 230 to over US$ 360 during the reporting period, after the third quarter did not close with a loss (consensus was a loss of US$ 1.31 per share), but on the contrary with a profit of US$ 143 million (US$ 0.78 per share GAAP). Cash holdings were also maintained at US$ 5.3 billion.

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Balancing act between commercialisation and project business

Balancing act between commercialisation and project business

E4tech

The new Fuel Cell Industry Review 2019 withmarket data and analyses was published in January 2020. Since 2014, E4tech’s team has been contacting fuel cell companies worldwide to build it, aggregating their supply figures and creating an independent annual reference point on the current state of the fuel cell industry. Some excerpts are presented below.

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Tesla – strong price reaction after sharp slump

Tesla – strong price reaction after sharp slump

170 US dollars, a good 30 US dollars lower than I had expected (200 US dollars), marked the lowest price of Tesla's share in the recent past, before the strong rebound to over 260 US dollars - until the disappointing figures for the second quarter of 2019 started the reverse.
Model Y, © Tesla

170 US dollars, a good 30 US dollars lower than I had expected (200 US dollars), marked the lowest price of Tesla’s share in the recent past, before the strong rebound to over 260 US dollars – until the disappointing figures for the second quarter of 2019 started the reverse.

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China switches to fuel cells

China switches to fuel cells

PowerCell stacks at the Hannover Fair 2019.
PowerCell stacks at the Hannover Fair 2019.

This remark (“major new customers”) stuck particularly with me, because Ballard – although already on board with many top partners and large companies in research technology – expects further major new customers, according to CEO Randy MacEwen in the telephone conference on the occasion of the figures for the fourth quarter of 2018.

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