## Ballard Power Systems and Stadler Partner to Power California’s Zero-Emission Trains
Vancouver, BC – December 9, 2024 – A groundbreaking partnership is set to revolutionize California’s commuter rail system. Ballard Power Systems (NASDAQ: BLDP, TSX: BLDP), a leading provider of fuel cell technology, announced today a multi-year agreement with Stadler US to supply 8 megawatts of its cutting-edge FCmove®-HD+ fuel cell engines. These powerful engines will be integrated into Stadler’s FLIRT H2, a state-of-the-art zero-emission passenger train, destined for use by the California Department of Transportation (Caltrans).
This significant order underscores the growing demand for sustainable transportation solutions and represents a substantial leap forward in decarbonizing the rail sector. The partnership builds upon a successful three-year collaboration between Ballard and Stadler, culminating in the development of the FLIRT H2 – the first hydrogen fuel cell-powered passenger train in the United States to receive Federal Railroad Administration (FRA) compliance. This achievement paved the way for this larger-scale deployment.
The initial order encompasses 10 FLIRT H2 trains, with an option for an additional 19, significantly bolstering Caltrans’ commitment to zero-emission passenger rail. This expansion will help California achieve its ambitious environmental goals by replacing diesel trains on non-electrified or partially electrified lines, eliminating harmful emissions and reducing California’s carbon footprint.
A Clean Energy Solution for Rail Transportation
Randy MacEwen, CEO of Ballard Power Systems, expressed his enthusiasm about the partnership, stating, “We are thrilled to deepen our partnership with Stadler and support their work with Caltrans to decarbonize commuter rail transportation in California. This order expands our presence in the rail market and validates the considerable advantages of Ballard fuel cell engines for passenger rail in areas lacking extensive overhead electrical infrastructure. Fuel cells offer a clean, zero-emission alternative to diesel engines, maintaining comparable payload, range, reliability, and refueling times.”
Martin Ritter, CEO of Stadler US, echoed this sentiment, adding, “Stadler is delighted to collaborate with Ballard and Caltrans to deliver cutting-edge zero-emission trains to California, supporting the state’s ambitious zero-emission objectives. The FLIRT H2 train provides a sustainable solution for emission-free passenger transport on non-electrified or partially electrified lines, eliminating the need for costly overhead catenary line electrification.”
About Ballard Power Systems:
Ballard Power Systems is driven by a vision to provide fuel cell power for a sustainable future. Their zero-emission PEM fuel cells are at the forefront of electrifying various transportation sectors, including buses, commercial trucks, trains, marine vessels, and stationary power applications. Learn more at www.ballard.com.
About Stadler:
Stadler, with over 80 years of experience, is a global leader in rail vehicle construction, service, and signaling. Employing approximately 14,500 people across various production, engineering, and service locations worldwide, Stadler prioritizes sustainable mobility, producing innovative, durable, and environmentally conscious products. Their comprehensive range includes high-speed trains, intercity trains, regional and suburban trains, metros, tramways, trams, locomotives, and passenger carriages. They hold a leading position in the rack-and-pinion rail vehicle industry. This collaboration between Ballard and Stadler signifies a major step towards a greener and more sustainable future for transportation.
