Ballard to undergo corporate restructuring

By Luke Willetts – 7th November 2024

In response to delays in hydrogen infrastructure development and slower-than-expected adoption of fuel cell technology, the company aims to reduce operating expenses by over 30%. Key actions include workforce reductions, rationalisation of product development programs, and cuts to capital expenditures.

Canadian battery recycling company receives CAD 5 million in government funding

By Luke Willetts – 29th July 2024