Ballard Power (ticker: BLDP) Chairman and Interim President and Chief Executive Officer, John Sheridan, was in Beijing, China today, along with representatives from Ballard's Alliance partner, DaimlerChrysler, and Chinese industry and government officials, to attend the launch of three Mercedes-Benz Citaro fuel cell buses. The buses, powered with Ballard® heavy-duty fuel cell engines, will enter revenue service in the city as part of a two-year demonstration project being led by the Chinese Ministry of Science & Technology, with support from both the Global Environment Facility and the United Nations Development Program. [ more ]
This is the latest in a series of fuel-cell powered bus demonstrations that Ballard has been performing all over the globe. They estimate full commercialization of the fuel cell automotive solution to be viable by 2010. You can read more about their demonstration projects and commercialization time line on their website.