After a year of growth in 2020 for many tech stocks, investors want that same rush they got last year.
Even still, it looks like the future is headed that way.
Ballard Power hopes to become the go-to for trucking, municipal transit buses, railways, and shipping in the new EV age.
But that investment has paid back huge with a joint venture that commissioned the production of 20,000 hydrogen fuel cell stacks per year.
Should this deal turn fruitful, which it should, replacing diesel-powered vehicles with hydrogen fuel cells could be worth $4 billion worldwide by 2030, according to estimates.
While future growth could lead to some losses in the short term, management believes long-term investors will be handsomely rewarded.
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