The Globe and Mail of Toronto reports that Ballard is hoping to unload this part of the business on Daimler and Ford, which already own 19% and 11% of Ballard respectively. Once viewed as a business worth billions, soon, it will be interesting to see what Daimler and Ford might be willing to pay.
Investors have spoken. Ballard shares are up 10.5% on the news.
Autobloggreen and After Gutenberg have more to say about it.
Of course years ago Geoffrey Ballard said:
"I doubt I will ever see a hydrogen car for personal consumption in a
showroom. I said this years ago and see no reason to change my mind:
The family-owned, garaged vehicle is the last vehicle that's going to
get a fuel cell. "