Ballard Secures 50 MW Fuel Cell Engine Deal with New Flyer

Event summary

  • Ballard Power Systems has signed a commercial agreement with New Flyer for 500 FCmove®-HD+ fuel cell engines, totaling 50 MW.
  • Deliveries will begin in 2026 and power New Flyer's Xcelsior CHARGE FC™ hydrogen fuel cell buses across North America.
  • This is the largest single commitment from New Flyer since the partnership began over a decade ago.
  • Ballard-powered fleets have grown to over 2,200 fuel cell buses worldwide, logging over 250 million kilometers with 98% availability and zero reported safety incidents.

The big picture

This agreement underscores the growing demand for hydrogen fuel cell technology in North America's transit sector. Ballard's ability to deliver reliable, high-performance fuel cell engines positions it as a key player in the zero-emission transportation market. The deal also highlights the strategic importance of long-term partnerships in scaling sustainable mobility solutions.

What we're watching

Market Adoption
The pace at which hydrogen fuel cell buses gain market share against battery-electric alternatives.
Execution Risk
Whether Ballard can meet delivery timelines and maintain performance metrics for the new fleet services.
Strategic Partnerships
How this deal strengthens Ballard's long-term relationship with New Flyer and its parent company NFI Group.