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CHICAGO, IL., October 19, 2020 – Water Tower Research will be hosting Randy MacEwen – Ballard Power’s CEO – in their ongoing Virtual Conference and Fireside Chat Series. The Fireside Chat will take place on Tuesday, October 20th at 1pm Eastern Time. The live event will also be archived and available for replay. The Fireside Chat is open for all investors to access.
“The hydrogen economy has gained substantial momentum over the past 24 months and Ballard is a central figure in this megatrend that has increasingly garnered major media and Wall Street attention. Ballard primarily serves the motive sectors spanning the bus, truck, rail, marine and passenger car markets,” said Shawn Severson, Head of Sustainable Investing and BioEconomy Research at Water Tower Research. “There are a variety of factors driving Ballard and the broader Hydrogen Economy including government regulations and policies, commercial scale deployments, the Polymer Electrolyte Membrane (PEM) fuel cell value proposition for motive applications, the lower cost of renewables and perhaps most importantly, an increasingly compelling total cost of ownership.”
Mr. Severson continued, “Ballard has been successful at developing partnerships with industry leaders including Kenworth, Van Hool, ABB Marine & Ports, MAHLE, Siemens and Weichai Power. Ballard is rapidly moving from smaller deployments to larger scale commercial applications with over 1,000 transit buses, 2,200+ trucks and four trains in operation, while five ships are in the development phase. The heavy-duty mobility market represents a substantial opportunity for Ballard, with the company estimating the total addressable market to be in excess of $130 billion.”
Mr. Severson concluded, “Water Tower Research is excited to be hosting Mr. MacEwen and Ballard in our Fireside Chat Series focused on the Hydrogen Economy. The decade ahead should bode well for the transition of heavy-duty mobility from demonstration programs to full commercial deployment, and Ballard appears firmly positioned in the middle of that megatrend.”
To register for the event please follow this link HERE.
About Water Tower Research
At Water Tower Research, our mission is to bridge the information gap between companies and investors, while reaching a much broader and diverse group of investors, in comparison to the traditional and challenged equity research model. We provide “Research for the Other 99%®”, on a platform powered by Wall Street veterans that are knowledgeable and experienced to help investors understand key strategies, industries, technologies, and drivers impacting the companies we cover as well as their peers. Water Tower Research uses a broad portfolio of tools to communicate with investors, including a traditional research platform, in addition to innovative and proactive products and digital strategies, providing valuable and consistent information flow. Please see disclosures HERE.
