I just read an interesting article that I would like to share with you:

"Ballard Power, as the clear leader in PEM fuel cells, is quietly working to position the company in various fuel cell markets. There is stack capacity being built and expanded, there is massive investment in research and development, there are joint ventures taking place and many prototype developments together with strategic partners. In addition, work is being done on new fields of application such as electrolysis and associated technologies - with the aim of delivering products that are efficient and competitive, more cost-effective, have long operating times and a compact design. All of this is the basis for future orders and, of course, the transition into sustained and rapidly increasing profits. The stock market anticipates all this in share prices long before the facts are on the table. Remember Ballard's share prices at $1, $2, $3? That was only two years ago.

China, meanwhile, has big plans. There, they are not concerned with the discussion about the colors of hydrogen, which is nonsensical and not very effective here in Germany, because they will also be concerned with blue and yellow hydrogen until they reach their goal, green hydrogen. There, over 100,000 commercial vehicles are to run on hydrogen in the next three years, a total of 1 million vehicles (including passenger cars) by 2030. Sinopec alone (state oil company) is planning 1,000 H2 filling stations by 2025, and the megacity of Beijing itself wants to launch 1,500 H2 stations, so that I dare to forecast that there could be a total of 5,000 H2 filling stations in China in 2030 and several times that number by 2040.

Individual provinces are forging ahead and are in talks with Ballard and its joint venture partner Weichai, because the central government has not yet given any figures on how it intends to support the ramp-up of the hydrogen economy with subsidies. Meanwhile, the joint venture says it is in the process of optimizing the stacks and modules produced there and improving the sourcing of the many components. That's all going very well in 2022, CEO Randy MacEwen said on the conference call."

Source: https://www.hzwei.info/blog/2022/01/08/ballard-power-hohes-umsatz-und-gewinnwachstum-erwartet/

I personally think and believe that the topic of "hydrogen" is currently still in its infancy. However, it will hold great opportunities for us in the future and have a lot of potential for a sustainable and clean future.