It's been a long time coming, but Ballard Power is finally reading the tea leaves and realizing that the dream of a fuel-cell car powered by hydrogen is a dream that only a million-dollar prototype can occupy. The Vancouver-based fuel cell company, an industry pioneer and leader, confirmed today that it was in talks with part owners Daimler AG and Ford Motor Co. about, well, it didn't say exactly. But we know it's generally about "strategic alternatives," and it's likely about selling off the auto unit so that Ballard can focus on forklifts and power generation. Read more from clean break.
Source: odograph.com (filed under Told ya so ;-)
