Skip to Content

ElectricDirveSystems


Ballard selling electric drive operations to Siemens VDO

Ballard Power Systems has reached an agreement to sell their electric drive operations to Siemens VDO. Ballard indicated back in October their intention to get out of that business and focus on fuel cells. Apparently motor operations were causing a financial drain on the company of about $10 million a year. Ballard will be netting about $4 million for the sale and plans to continue working with Siemens on future fuel cell development programs. [Source: Ballard Power Systems] ... Read more →

No Content Style Defined.

Featured Galleries

  • Quick Spin: 2011 Chevrolet Volt pre-production prototype
  • Toyota iQ Livery
  • Tesla Store Monaco
  • 2009 Rolls-Royce Phantom
  • Smart ED production
  • Tesla Roadster audio recording for video games
  • Production i-MiEVs in the UK
  • Hyundai 2.4L direct injected Theta II
  • Mercedes-Benz Citaro FuelCELL-Hybrid bus
  • Chevy Volt hits the streets in Royal Oak
  • 2010 Nissan LEAF
  • 2010 Mercedes-Benz ML450 hybrid

Categories

Autoblog

Daily Finance

Download Squad

Engadget

Joystiq

Autoblog Spanish

Switched.com

FanHouse

Asylum