WTR Fireside Chat Series With Ballard Power CFO Tony Guglielmin: A Business Overview and Update On Thursday, February 4th, 1 pm ET


We are pleased to host Tony Guglielmin - CFO of Ballard Power Systems (NASDAQ: BLDP) - in our Water Tower Research Fireside Chat series. The focus of this Fireside Chat will be a general business overview and update. The event is also available via archive using the same link. 


  • Ballard Power Systems is a global leader in PEM fuel cell products, holding the highest market share and serving a large market for various fuel cell applications with an estimated total addressable market of over $130 billion.
  • China presents a significant growth opportunity for Ballard, where it currently holds around ~45% market share.
  • Ballard's planned cost reduction program expects to achieve a more than 70% decrease in cost by 2024, which, if successful, will meaningfully increase the competitiveness of the company’s technology platform.
  • Ballard should have a solid backdrop of growth as ongoing zero-emission initiatives around the world drive an estimated $42 billion hydrogen fuel cell vehicle TAM market by 2026.
  • The company believes it is well-positioned to capture market share in the heavy- and medium-duty motive markets, in addition to an emerging opportunity in the marine market.

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