Fuel-Cell Firm Stages Comeback 20 Years Later With Help of China
- British Columbia-based Ballard Power has surged 117% this year
- Weichai Power joint venture moved firm toward heavy-duty autos
Hydrogen fuel cells stand at the Ballard Power Systems Inc. facility in Burnaby, British Columbia, Canada.
Photographer: James MacDonald/Bloomberg
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Two decades ago, a burst in the dot-com bubble meant that shares of Ballard Power Systems Inc. may have been dead in the water. Now, it’s rebounding with a vengeance.