Over de relatie Ballard-Plug zegt Steven Karaffa het volgende in de Ballard CC:
Turning to Material Handling. As you are no doubt aware, there's been a lot of activity at our partner Plug Power recently. Before I go into that, I'd like to provide a little context from a Ballard perspective. While Material Handling is certainly important to us from a strategic perspective, this market represents only about 10% of Ballard's expected revenue for the full year.
With that said, we're currently in discussions with Plug Power regarding the extension of our supply agreement, which runs through 2014, as well as defining our broader strategic relationship. Our focus is to continue earning Plug's business through delivery of the highest quality fuel cell stacks at competitive costs, along with first-rate customer support. We continue to project 2014 growth at 50%, which is in line with Plug's guidance.
Q1 provided a strong start on this full year trajectory with 125% revenue growth in the quarter. The Plug Walmart order for more than 1,700 GenDrive systems over the next 2 years, reinforces our confidence in the growth outlook through this year, as well as our prospects for next year.