Fuel-cell competition heats up as rivals target heavy-duty mobility

Diesel engine supplier Cummins emerges as significant competitor with target of $400mn electrolyser sales by 2025

Ballard Power Systems has long been the leading global supplier of proton exchange membrane (PEM) fuel-cell technology for manufacturers of buses, trucks, trains and ships. But it appears Cummins, best known as a leading maker of heavy-duty diesel engines, has quickly become a significant competitor to Ballard in the soon-to-surge heavy-duty mobility space. “We currently see a very dynamic and evolving competitive landscape, and the Cummins acquisition of Hydrogenics a couple years ago makes them a good example,” Guy McAree, Ballard’s director of investor relations, tells Hydrogen Economist. “Cummins has the size, global footprint and history to successfully scale and refine fuel-cell