Thursday, 18 January 2018

Chinese demand drives fuel cell adoption

Source: International Railway Journal, 15th January 2018, by Kevin Smith

Kevin Smith reported, “(...) As Mr Guy McAree, Ballard’s director of investor relations, revealed to IRJ, during the last 10 years the cost of the company’s proton exchange membrane (PEM) fuel cells has fallen by up to 70% as improved engineering has enhanced the durability and power density of the technology. However, he does not think this is the end of the fall in cost, particularly with the size of opportunities on offer in China, which McAree describes as the “current growth engine for fuel cell technology.” (...)"

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