UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Ballard Power Systems Inc. |
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(Translation of registrants name into English) | ||||
Canada | ||||
(Jurisdiction of incorporation or organization) | ||||
9000 Glenlyon Parkway Burnaby, BC V5J 5J8 Canada |
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(Address of principal executive office) |
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Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: [ ] Form 20-F [x] Form 40-F | ||||
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [ ] | ||||
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [ ] | ||||
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934: [ ] Yes [x] No | ||||
If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): n/a |
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. |
Ballard Power Systems Inc. | ||
Date: 01/27/2012 | By: |
Tony Guglielmin |
Name: | Tony Guglielmin | |
Title: | Chief Financial Officer | |
Exhibit No. | Description | |
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99.1 | Ballard Signs MOU With Tata Motors to Power Clean Fuel Cell Bus Demonstrations in India | |
Ballard Power Systems Inc.
News Release
Ballard Signs MOU With Tata Motors To Power Clean Fuel Cell Bus Demonstrations In India
12 fuel cell stacks to power buses in multiple cities
For Immediate Release January 27, 2012
VANCOUVER, CANADA Ballard Power Systems (TSX: BLD) (NASDAQ: BLDP) has announced signing of a non-binding Memorandum of Understanding (MOU) with Tata Motors (India) for 12 FCvelocityTM-1100 fuel cell stacks. These stacks are expected to power zero-emission buses planned for demonstration in various Indian cities. Delivery to Tata Motors is planned for 2012 and 2013, in-line with that Companys plans.
Tata Motors, one of the worlds largest bus OEMs, displayed the first fuel cell bus built in India at Auto Expo 2012 held in New Delhi January 6-11, 2012. The bus is powered with a Ballard FCvelocityTM-1100 fuel cell stack, previously delivered to Tata Motors in 2011.
Mr. P.M. Telang, Managing Director (India Operations) at Tata Motors said, We strive to be leaders in the use of technology, while maintaining very high standards of product quality. Working with technology companies such as Ballard only strengthens our ability to design and market the wheels of a greener world here in India.
Tata Motors is part of the Tata Group, a pioneer in Indias automotive industry, and has previous bus system integration experience working with Ballard fuel cell products. Tata Motors plan to supply fuel cell buses for testing and demonstration in revenue service is supported by the Government of Indias Department of Scientific and Industrial Research under the Technology Development & Demonstration Programme.
John Sheridan, Ballards President and CEO said, We are very pleased to have signed this MOU with Indias premier bus manufacturer for Tatas upcoming zero-emission bus testing program. This is additional validation of the mature state of our products and of the growing global market for clean energy transit buses.
Ballard FCvelocityTM-1100 fuel cell stacks are based on a design that is ideal for use in heavy duty vehicles. FCvelocityTM-1100 fuel cell stack technology is at the heart of the Companys FCvelocityTM-HD6 fuel cell module, a plug and play power solution used by bus OEMs around the world.
About Ballard Power Systems
Ballard Power Systems (TSX: BLD) (NASDAQ: BLDP) provides clean energy fuel cell products enabling
optimized power systems for a range of applications. Products are based on proprietary esencia
technology, ensuring incomparable performance, durability and versatility. To learn more about
Ballard, please visit www.ballard.com.
This release contains forward-looking statements concerning market adoption for our products. These forward-looking statements reflect Ballards current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any such forward-looking statements are based on Ballards assumptions relating to its financial forecasts and expectations regarding its product development efforts, manufacturing capacity, and market demand.
These statements involve risks and uncertainties that may cause Ballards actual results to be materially different, including general economic and regulatory changes, detrimental reliance on third parties, successfully achieving our business plans and achieving and sustaining profitability. For a detailed discussion of these and other risk factors that could affect Ballards future performance, please refer to Ballards most recent Annual Information Form. Readers should not place undue reliance on Ballards forward-looking statements and Ballard assumes no obligation to update or release any revisions to these forward looking statements, other than as required under applicable legislation.
Further Information
Public Relations: Guy McAree, +1.604.412.7919, media@ballard.com
Investor Relations: Lori Rozali, +1.604.412.3195, investors@ballard.com