Ballard, Sofa (Seite 3931)

[Schlaadt]

Antwort auf Beitrag Nr.: 51.868.407 von rookie-KA am 01.03.16 08:22:59

:-(

Tja, du hast recht......
Also: Dann kann sich Ballard nur durchsetzen auf dem Markt wenn Sie die BESTEN sind.
Wenn sie die größte Reichweite haben mit ihren BZ
Wenn die Zelle die größte Zuverlässigkeit besitzt
Wenn Sie die beste Qualität hat
Und wenn sie einen attraktiven Preis hat gegenüber den Mitbewerber

Ich denke die schaffen das, da sie für China schon in der Kleinserie die BZ herstellen. Das sollte Vorteile gegenüber den Kosten haben. Diesen Vorteil müssen sie ausspielen...

[rookie-KA]

Antwort auf Beitrag Nr.: 51.868.335 von Schlaadt am 01.03.16 08:11:11

Die Überschrift ist wirklich ein wenig irritierend. Im Artikel steht es jedoch genau so drin das Hydrogenics der Partner von Alstom ist, hier der Auszug

"Die praktische Erprobung von zwei BZ-Bahn-Prototypen von Alstom ist für das Jahr 2018 in Niedersachsen vorgesehen. Entwicklung und Bau erfolgen im Kompetenzzentrum für Regionaltriebzüge von Alstom in Salzgitter. Die Brennstoffzellen dafür werden von Hydrogenics geliefert. Die Unterzeichnung einer entsprechenden Absichtserklärung erfolgte am 27. Mai 2015. Darin wurde vereinbart, dass sowohl die Entwicklung als auch die Kommerzialisierung in den kommenden zehn Jahren gemeinsam von Alstom Transport und Hydrogenics durchgeführt wird. "

http://www.hzwei.info/blog/2015/09/09/alstom-und-ballard-dra…

LG

[Schlaadt]

Antwort auf Beitrag Nr.: 51.868.155 von ballarde am 01.03.16 07:37:34

.? Und was ist hiermit?

http://www.hzwei.info/blog/2015/09/09/alstom-und-ballard-dra…

[ballarde]

Antwort auf Beitrag Nr.: 51.868.074 von necar5 am 01.03.16 07:16:07

hydrogenics

alstom arbeitet mit hydrogenics zusammen

https://www.google.de/url?sa=t&rct=j&q=&esrc=s&source=web&cd…

[necar5]

Sieht also schon danach aus :-) ein recht aktueller Beitrag von September 2015

http://www.hzwei.info/blog/2015/09/09/alstom-und-ballard-draengen-auf-die-schiene/

[necar5]

Antwort auf Beitrag Nr.: 51.867.751 von Darth_Plaguis am 01.03.16 00:50:53

Zitat von Darth_Plaguis: Alstom areitet doch mit Ballard zusammen: http://www.derwesten.de/staedte/gladbeck/brennstoffzellen-tr…

Ballard ist damit schon auf dem richtigen Weg!

Eigentlich schon, nur bei Ballard weiß man ja nie so genau. Immer wenn es zu Lieferungen und Umsätzen kommen könnte, ist der Kunde zu einem anderen Hersteller gewechselt. Bei Alstom weiß ich das nicht, gehe aber davon, dass noch alles beim alten ist.

[Darth_Plaguis]

Alstom areitet doch mit Ballard zusammen: http://www.derwesten.de/staedte/gladbeck/brennstoffzellen-tr…

Ballard ist damit schon auf dem richtigen Weg!

[Darth_Plaguis]

Derv Beitrag von olf1 zeigt eigentlich in beeindruckende Art und Weise, dass das Ballard-Management hier sich sehr schnell an neue Marktbedingungen anpassen muss. Das Material Handling ist durch PlugPower hart umkämpft. Was mich hier verwundert, dass PlugPower mit Relion (ein Zukauf von nur 3mioUSDollar!!!!) nun auch in der Lage ist, nach 2 Jahren Stacks herzustellen und so Ballard nicht mehr braucht. EINE SEHR GEFÄHRLICHE ENTWICKLUNG! Sollte das in China auch möglich sein (Chinesen sind Meister im Kopieren), dann ist Ballard wirklich existenziell bedroht.

Was habt ihr dazu für eine Meinung?

[Olf1]

Ballard Power To Pass The Baton To Plug Power

Feb. 29, 2016 8:42 AM ET
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About: Ballard Power Systems, Inc. (BLDP), Includes: PLUG


Matt Margolis


Matt Margolis
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Summary


•Ballard Power will pass the baton to Plug Power in 2016 as the companies shift positions as the largest fuel cell stack providers within the material handling industry.

•Plug Power's shift towards internally developed fuel cell stacks will result in multi-million dollar headwind for Ballard in 2016 and beyond.

•Ballard's material handling fuel cell stack industry marketshare over the long term will depend on the success of OEMs as well as new entrants within the material handling industry.

•Ballard's CEO expects the passing of the fuel cell investment tax credit to be approved in the first half of 2016, which should boost the entire fuel cell industry.



Ballard Power (NASDAQ:BLDP) reported earnings this past week and announced the departure of several C-Suite executives. A closer look at Ballard's Q4 results coupled by recent developments at Plug Power (NASDAQ:PLUG) are clearly signally a shift of power and market dominance between the two companies as suppliers within the material handling marketplace.

Plug Power is on track to deliver over 3,600 GenDrive fuel cell units in 2015 or a year-over-year increase of 50%. On the other hand Ballard reported a marginal increase in volume materials in 2015 and revenue that was "slightly down", which was Ballard's way of passing over a 9% year-over-year decline in material handling revenue.

In nominal terms Ballard saw material revenue decline by $1.3m from $14m in 2014 to $12.7m in 2015 for the full year despite Plug Power recording record revenue and GenDrive fuel cell shipments in 2015.

Material handling once was a very promising near and medium term opportunity for Ballard Power. However, PEM fuel cell stack performance issues have plagued the company's stacks for several years and expedited Plug Power's decision to produce PEM fuel cell stacks. Over the course of 2015 Plug deployed internally developed air-cooled and liquid-cooled stacks into field.

In November 2015 Plug announced a strategic supply agreement with 3M (NYSE:MMM) for membrane electrode assemblies that will be in Plug's PEM fuel cell stacks. The agreement with 3M will enable Plug to oust Ballard as the #1 material handling fuel cell stack provider and position Plug to compete against Ballard within the electric vehicle marketplace in the years to come.

“
With this strategic relationship, both Plug Power and 3M will set the new benchmark for performance and reliability for hydrogen fuel cell products in the most demanding electric mobility application-material handling. The joint knowledge and development capability of both companies will facilitate additional cost and performance improvements for the future of the electric vehicle market.
-Andy Marsh, Plug Power CEO Source: Green Car Congress
Ballard's recap of 2015 indicates that PEM stack deliveries totaled approximately 2,400 or relatively flat year over year. Ballard's market share of Plug's fuel cells delivered to customers was approximately 66% or 2,400 out of 3,600 units shipped.

Earlier this month during an interview with Albany Business Review Plug's CEO Andy Marsh indicated that the company was adding a second shift to its Latham, NY headquarters. The second shift in Latham will increase Plug's fuel cell stack capacity and push the company towards self-sustainability.

“
One of the reasons an additional shift is needed, Connelly said, is because Plug is now making its own fuel cell stacks - units made of individual fuel cells that Connelly compared to the engine of a car. The company used to purchase the fuel cell stacks from Canadian company Ballard Power Systems . Source: Albany Business Review (Daniel Connelly is a Manufacturing Manager at Plug Power)

Looking ahead to 2016 Plug Power expects to ship 4,400 units and my expectation is that Ballard shipments to Plug will be between 1,500 and 2,000 units or a decline of between 17% and 38% year-over-year. Ballard stacks would account for 34% to 45% of Plug's fuel cell shipments in 2016. The drop of unit shipments will decrease Ballard's material handling revenue to between $7.2m and $9.6m in 2016 or a year-over-year decline of 24 to 43%.

Ballard continues to keep working closely with forklift OEMs and is keeping close tabs on industry developments from Hyster Yale (NYSE:HY). Hyster Yale expects to achieve quarterly breakeven operating profit by the end of 2017 or early 2018 based on 700 units a quarter. However, in 2016 Ballard does not expect a material contribution from forklift OEMs, which means the revenue losses from decreased material handling market share will not be offset in 2016.

The extension of fuel cell investment tax credit is one item that could provide a boost to the fuel cell industry and directly benefit Ballard and Plug. Ballard's CEO Randy MacEwan expects an extension for fuel cells to be approved in the first half of 2016 based on commentary provided during the Q4 conference call.

“
As you may be aware in the United States, the investment tax credit was extended for 5 years through December 31, 2021 for solar. And we expect an extension for fuel cell to be approved in the first half of 2016 as well. If passed, this will provide good visibility for the U.S. market through 2021. (Randy MacEwen CEO of Ballard Power Q4 2015 Conference Call Transcript)

Looking out beyond 2016 there is continued material handling downside risk for Ballard. Plug is well positioned to internally source most if not all of the company's PEM stacks. Some of Ballard's downside risks in material handling beyond 2016 would be offset by the success of Hyster Yale's Nuvera fuel cell offering beginning in 2018.

Plug's charge towards profitability by 2017 is dependent on a continuous uptick in service margins. The largest impact on service margins is equipment uptime, which is heavily impacted by fuel cell stack performance. Plug Power is expected to book a non-cash charge of up to $8m to address pre-mature fuel cell stack failures as soon as Q4 2015.

The fuel cell stacks that experienced pre-mature failures were sourced from Ballard. Ballard's management briefly acknowledged the field issues plaguing the company's material handling PEM stacks during the Q4 conference call.

The writing on the wall appears darker and has been written with permanent marker that Plug is positioned to be the largest PEM stack supplier within the material handling industry beginning in 2016 . In 2015 Plug brought internally produced and shipped PEM stacks to customers leveraging the company's strategic supply agreement with 3M.

Ballard's overall revenue in 2015 came in at $56.5 million representing a decline of 18% compared to 2014. Material handling accounted for 22% of Ballard's 2015 revenue up from 20% in 2014. The $1.3 million decline in year-over-year material handling revenue accounted for 11% of Ballard's $12.2 million overall decline in annual revenue in 2015 versus 2014.

I expect Ballard's material handling revenue decline to accelerate from $1.3 million in 2015 to between $3.1 million and $5.5 million in 2016 due to marketshare losses to Plug. I expect similar declines in material handling revenue to occur in 2017 as Plug moves closer to being a self-sustainable supplier of PEM fuel cell stacks.

Ballard's management team will need to leverage other addressable market to offset a material handling headwind that could shave up to 10% off Ballard's 2015 revenue figures in 2016 and 2017. Plug Power is quickly scaling and is set to become the largest PEM fuel cell provider in 2016 and at the same time pushing Ballard into a distant second largest position. Additionally, Plug's entrance as a supplier of PEM fuel cell stacks positions Plug to challenge Ballard head to head as a supplier for electric vehicles over the next few years

[GaiasSohn]

http://www.benzinga.com/analyst-ratings/analyst-color/15/08/…