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Ballard Power Systems led a funding round in Wisdom Motor Company.

Synopsis

Ballard Power Systems, a global provider of innovative clean energy fuel cell solutions, led a funding round in Wisdom Motor Company, a zero-emission commercial vehicles manufacturer, with participation from Templewater Group and Bravo Transport Services. Financial terms were not disclosed. "We are excited to work with Wisdom to develop customized fuel cell vehicles for emerging growth markets. Our companies have a shared vision to make a difference for our customers by providing leading edge zero emission fuel cell solutions to decarbonize our planet. We continue to see growing government support globally and are encouraged by the Hong Kong Government's initiative to be net carbon neutral by 2050," Randy MacEwen, Ballard Power Systems President and CEO.

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