Ballard Power chosen for Solaris hydrogen buses

Ballard Power Systems filed a report describing a new step in its partnership with European bus maker Solaris Bus & Coach.

Rhea-AI Filing Summary

Ballard Power Systems filed a report describing a new step in its partnership with European bus maker Solaris Bus & Coach. Solaris has formally selected Ballard as the fuel cell supplier for its next-generation hydrogen bus platform, integrating Ballard's FCmove®-SC hydrogen fuel cell engine into the Solaris Generation 2 FCEV bus.

The sale of engines is incorporated into an update of the existing long-term service agreement, which is extended to 2029 to align with next-generation bus deliveries and newly adjusted commercial terms. Ballard highlights the FCmove®-SC engine's higher efficiency, extended durability, and simplified system architecture, aimed at lowering total cost of ownership for transit operators, especially on long-range, high-utilization routes.

Ballard notes that its fuel cells now power more than 2,200 buses worldwide, which have collectively logged over 300 million kilometers with 98% availability, supported by its Fleet Services offering.

Key Figures

LTSA extension: 2029 Fuel cell buses in service: more than 2,200 buses Fleet distance: over 300 million kilometers +4 more

7 metrics

LTSA extension 2029 Long-term service agreement extended to 2029

Fuel cell buses in service more than 2,200 buses Ballard-powered fleets worldwide

Fleet distance over 300 million kilometers Cumulative distance by Ballard-powered buses

Fleet availability 98% availability Operating performance of Ballard-powered buses

Solaris vehicles delivered more than 28,000 vehicles Solaris deliveries across 33 countries

Countries served by Solaris 33 countries Solaris bus and vehicle markets

Solaris founding year 1996 Founding year of Solaris Bus & Coach

Key Terms

FCmove®-SC, LTSA, total cost of ownership (TCO), FCEV bus, +1 more

5 terms

FCmove®-SC technical

"integration of Ballard's FCmove®-SC hydrogen fuel cell engine"

LTSA financial

"update of the existing LTSA, extending it to 2029"

total cost of ownership (TCO) financial

"designed to reduce total cost of ownership (TCO) for transit operators"

Total cost of ownership (TCO) is the full sum of all expenses associated with buying, operating, maintaining, and disposing of an asset or system over its useful life, not just the upfront purchase price. For investors, TCO reveals the real long-term cost and impact on profitability—like comparing not only the sticker price of a car but also fuel, insurance, repairs, and resale value—helping expose hidden expenses and better predict returns and risks.

FCEV bus technical

"into the Solaris Generation 2 FCEV bus"

forward-looking statements regulatory

"This release contains forward-looking statements concerning anticipated agreements"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Ballard Power Systems (BLDP) announce regarding Solaris on this 6-K?

Ballard announced that Solaris Bus & Coach selected it as fuel cell supplier for Solaris’ next-generation hydrogen bus platform, integrating Ballard’s FCmove®-SC engines and updating their long-term service agreement to align engine sales and support with deliveries through 2029.

What is Ballard’s FCmove-SC engine mentioned in the Ballard (BLDP) 6-K?

The FCmove®-SC is Ballard’s newest high-efficiency hydrogen fuel cell engine platform, launched in late 2025. It is designed to deliver higher efficiency, extended durability, and a simplified system architecture that reduces total cost of ownership for transit operators using hydrogen fuel cell buses.

How does the updated Solaris agreement benefit Ballard Power Systems (BLDP)?

The updated agreement incorporates engine sales into an extended long-term service arrangement running to 2029. This aligns product deliveries with next-generation Solaris hydrogen buses and reflects newly adjusted commercial terms intended to strengthen long-term alignment between Ballard and Solaris around performance and lifecycle value.

What operational track record does Ballard highlight in this 6-K filing?

Ballard reports that its fuel cell technology powers more than 2,200 buses worldwide. These buses have collectively logged over 300 million kilometers with 98% availability and no reported safety incidents, supported by Ballard Fleet Services such as training, parts, monitoring, and ongoing stack servicing.

How does Ballard (BLDP) describe the market fit of the FCmove-SC for Solaris?

Ballard describes the FCmove®-SC as purpose-built for Europe’s mature bus market. It emphasizes benefits for long-range, high-utilization duty cycles where hydrogen fuel cell buses can offer operational advantages over battery-electric alternatives, aligning with Solaris’ role in Europe’s zero-emission public transport transition.

What forward-looking statement cautions are included in the Ballard Solaris announcement?

Ballard notes that statements about anticipated agreements, product deliveries, deployments, and benefits are forward-looking and subject to risks and uncertainties. It references factors such as economic and regulatory changes and reliance on third parties, directing readers to its most recent Annual Information Form for detailed risk discussion.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/06/2026 - 06:18 AM EDT Learn about SEC filing dates

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of May 2026

Commission File Number: 000-53543

Ballard Power Systems Inc.
———————————————————————————————————

(Translation of registrant’s name into English)

9000 Glenlyon Parkway
Burnaby, BC
V5J 5J8
Canada

———————————————————————————————————
(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:  
☐  Form 20-F   ☒  Form 40-F

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

		Ballard Power Systems Inc.
Date: May 5, 2026	By:	/s/ Kate Igbalode
	Name:	Kate Igbalode
	Title:	Chief Financial Officer

EXHIBIT INDEX

Exhibit No.		Description
99.1		News Release Dated May 5, 2026 - Solaris Selects Ballard's FCmove®-SC Engine to Power its Next-Generation Hydrogen Bus Platform

Exhibit 99.1

Solaris Selects Ballard's FCmove®-SC Engine to Power its Next-Generation Hydrogen Bus Platform

VANCOUVER, BC, May 5, 2026 /CNW/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced that Solaris Bus & Coach sp. z o.o. ("Solaris"; www.solarisbus.com), a leading European bus manufacturer and long-standing Ballard partner, has formally selected Ballard as the fuel cell supplier for its next-generation hydrogen bus.

This selection includes the integration of Ballard's FCmove^®-SC hydrogen fuel cell engine, Ballard's newest high-efficiency platform launched in late 2025, into the Solaris Generation 2 FCEV bus. The sale of engines has been incorporated into an update of the existing LTSA, extending it to 2029, to match with next-gen bus delivery while also strategically aligning commercial terms.

The FCmove^®-SC engine delivers higher efficiency, extended durability, and a simplified system architecture designed to reduce total cost of ownership (TCO) for transit operators. These improvements are particularly impactful for long-range, high-utilization duty cycles where hydrogen fuel cell buses offer operational advantages over battery-electric alternatives.

"Solaris' selection of Ballard for its next-generation hydrogen bus platform marks a significant milestone for the continued evolution of our FCmove^®-SC engine," said Marty Neese, Ballard's CEO and President. "Our long-standing collaboration with Solaris has been built on trust, technical excellence, and a shared commitment to zero-emission mobility. With this selection, supported by newly adjusted commercial terms that strengthen long-term alignment, Solaris reinforces its confidence in Ballard's ability to deliver performance, reliability, and lifecycle value at scale. The FCmove^®-SC is purpose-built for Europe's mature bus market, and OEM nominations like this validate the strength of our value proposition."

Today, Ballard-powered fleets have grown to more than 2,200 fuel cell buses worldwide, collectively logging over 300 million kilometers with 98% availability and zero reported safety incidents. Through Ballard Fleet Services, including training, technical support, parts supply, operational monitoring, digital insights, and ongoing stack servicing, Ballard and its customers unlock additional value that strengthens fleet performance and supports long-term operational success.

About Ballard Power Systems

Ballard Power Systems' (NASDAQ: BLDP; TSX: BLDP) vision is to deliver fuel cell power for a sustainable planet. Ballard zero-emission PEM fuel cells are enabling electrification of mobility, including buses, commercial trucks, trains, marine vessels, and stationary power. To learn more about Ballard, please visit www.ballard.com.

About Solaris
Solaris Bus & Coach, headquartered in Bolechowo, Poland, is a leading European manufacturer of city buses, trolleybuses, and zero-emission vehicles. Founded in 1996 and part of Spain's CAF Group, Solaris is a leader of Europe's electric bus market and is recognized as a technology leader in hydrogen mobility. The company has delivered more than 28,000 vehicles to operators across 33 countries. Solaris continues to play a central role in Europe's transition to sustainable public transport.

This release contains forward-looking statements concerning anticipated agreements, product deliveries; and deployments; and anticipated product benefits, operational benefits, and value proposition for customers. These forward-looking statements reflect Ballard's current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any such forward-looking statements are based on Ballard's assumptions relating to its financial forecasts and expectations regarding its product development efforts, manufacturing capacity, and market demand.

These statements involve risks and uncertainties that may cause Ballard's actual results to be materially different, including general economic and regulatory changes, detrimental reliance on third parties, successfully achieving our business plans and achieving and sustaining profitability. For a detailed discussion of these and other risk factors that could affect Ballard's future performance, please refer to Ballard's most recent Annual Information Form. Readers should not place undue reliance on Ballard's forward-looking statements and Ballard assumes no obligation to update or release any revisions to these forward-looking statements, other than as required under applicable legislation.

Further Information
Sumit Kundu - Investor Relations, +1.604.453.3517 or investors@ballard.com

Mateusz Figaszewski - Director, Institutional Partnerships and External Relations - mateusz.figaszewski@solarisbus.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/solaris-selects-ballards-fcmovesc-engine-to-power-its-nextgeneration-hydrogen-bus-platform-302763399.html

SOURCE Ballard Power Systems Inc.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2026/05/c6977.html

%CIK: 0001453015

CO: Ballard Power Systems Inc.

CNW 20:30e 05-MAY-26

Filing Exhibits & Attachments

1 document

Press Releases

• EX-991 NEWS RELEASE DATED MAY 5, 2026 7.6 KB