Investor Presentaiton
13
Ballard is geographically diversified in regions of
high hydrogen demand growth & policy support¹
Hobro, Denmark
Marine and stationary
module assembly
and aftercare
Europe
-180
DO 270
Ballard HQ
MEA, stack & module
manufacturing;
expanded MEA
manufacturing
6X in 2021
Vancouver, Canada
Bend, Oregon
North America
Coventry, UK
BMS Powertrain
integration and
FC software
engineering
Bend, Oregon
R&D; module
manufacturing
capabilities for
US customers
000
~80
~1,000
% Backlog ~10%
South Africa
FCEV mining truck
pilot with Anglo
American underway
1 See Slide Notes
% Backlog ~65%
Weifang, China
Weichai/Ballard JV
Joint venture with China's
largest bus and truck engine
manufacturer
(incl. stack & module assembly)
India
FCEBS with Tata on the road;
MOU with Adani for FCEV
development & deployment
Guangdong, China
China
8元~3,400
-20
% Backlog ~25%
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