# EDGAR Filing Document

**Accession Number:** 0001453015
**File Stem:** 0001279569-25-001011
**Filing Date:** 2025-9
**Character Count:** 9935
**Document Hash:** e75099a76d9e5d21177402705be4a98f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001279569-25-001011.hdr.sgml**: 20250918

**ACCESSION NUMBER**: 0001279569-25-001011

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 4

**CONFORMED PERIOD OF REPORT**: 20250917

**FILED AS OF DATE**: 20250918

**DATE AS OF CHANGE**: 20250917

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ballard Power Systems Inc.
- **CENTRAL INDEX KEY:** 0001453015
- **STANDARD INDUSTRIAL CLASSIFICATION:** ELECTRICAL INDUSTRIAL APPARATUS [3620]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 832202493
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-53543
- **FILM NUMBER:** 251321257

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 9000 GLENLYON PARKWAY
- **CITY:** BURNABY
- **PROVINCE COUNTRY:** A1
- **ZIP:** V5J 5J8
- **BUSINESS PHONE:** 604-454-0900

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 9000 GLENLYON PARKWAY
- **CITY:** BURNABY
- **PROVINCE COUNTRY:** A1
- **ZIP:** V5J 5J8

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** 7076991 Canada Inc.
- **DATE OF NAME CHANGE:** 20090102

**UNITED STATES**<br> **SECURITIES AND EXCHANGE COMMISSION**<br> **Washington, D.C. 20549**

**FORM 6-K**

**** 

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; For the month of September 2025

Commission File Number: 000-53543

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| |
|:---|
| **Ballard Power Systems Inc.**<br> ——————————————————————————————————— |
| (Translation of registrant's name into English) |
| 9000 Glenlyon Parkway<br> Burnaby, BC<br> V5J 5J8<br> Canada |
| ———————————————————————————————————<br> (Address of principal executive office) |

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

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**SIGNATURES**

<br> 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. <br>

---

| | | |
|:---|:---|:---|
|  |  | **Ballard Power Systems Inc.** |
| Date: September 17, 2025 | By: | /s/ Kate Igbalode<br>|
|  | Name: | Kate Igbalode |
|  | Title: | Chief Financial Officer |

---

**EXHIBIT INDEX** 

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| | |
|:---|:---|
| <br> **Exhibit No.** | **Description** |
| [99.1](ex991.htm) | [News Release Dated September 17, 2025 - Ballard to launch FCmove®-SC fuel cell at Busworld: improved performance and lifecycle cost on the road to diesel parity](ex991.htm) |

---

## Exhibit 99.1

**Exhibit 99.1**

![](logo.jpg)

**Ballard to launch FCmove®-SC fuel cell at Busworld: improved performance and lifecycle cost on the road to diesel parity**

*New fuel cell engineered to power city transit buses - lower cost, simplified vehicle integration, smarter fleet services, and enhanced safety*

VANCOUVER, BC, Sept. 17, 2025 /CNW/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) will unveil its new-generation transit fuel cell module, the **FCmove<sup>®</sup>-SC**, at Busworld in Brussels on 4-9 October 2025. Designed for city transit duty, the FCmove**<sup>®</sup>**-SC builds on Ballard's market-leading FCmove family to deliver greater sustained power, simplified vehicle integration, improved in-service performance and lower lifecycle cost as part of Ballard's roadmap toward diesel parity.

![](image1.jpg)

Ballard's FCmove<sup>®</sup>-SC (CNW Group/Ballard Power Systems Inc.)

"The FCmove**<sup>®</sup>**-SC is the latest product on Ballard's new core product platform which anchors broader advances targeting the industry's core challenge: narrowing the gap in cost of ownership parity with legacy diesel systems," said Kevin Colbow, Senior Vice President and Chief Technology Officer, Ballard. "The fuel cell design significantly reduces integration complexity for bus manufacturers while improving life-time cost and performance for transit operators."

The FCmove**<sup>®</sup>**-SC offers several enhancements for bus manufacturers and operators:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• 30% increase in system power (end-of-life) with improved
durability, operating and freeze-start temperatures and higher power density.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• 25% increase in volumetric power density through integrated
DC/DC packaging.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• 25% higher maximum radiator outlet temperature (60°C
→ 75°C), simplifying vehicle thermal management.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• 40% reduction in total part count.

**Lower lifecycle cost, better performance**<br> The FCmove**<sup>®</sup>**-SC targets a peak power capability of **at least 75 kW**, optimized for consistent in-service output and higher thermal margins for improved efficiency. These attributes support smaller cooling requirements and provide more usable waste heat for cabin heating - all intended to reduce operating cost and enable competitive total cost of ownership versus legacy diesel systems. Efficient subsystems support an expected service life of approximately 25,000 operating hours under standard transit duty cycles.

**Simpler integration**<br> By internalizing the DC/DC converter and power controller, the FCmove**<sup>®</sup>**-SC consolidates functionality into a smaller, more serviceable package. Fewer external interfaces and routable parts simplify powertrain integration and reduce diagnostics and preventive maintenance requirements.

**Intelligent services**<br> Ballard is upgrading its fleet services to pair the FCmove**<sup>®</sup>**-SC with predictive maintenance and analytics. Onboard communications and Ballard's FCServiceCloud Customer Insight portal enables preventive and predictive maintenance workflows, helping operators maximize uptime and lower lifecycle support costs.

**Enhanced safety**<br> Enhanced safety is central to the FCmove**<sup>®</sup>**-SC architecture which introduces industry-leading safety features. The PEM stack enclosure incorporates a new internal geometry that inhibits hydrogen-related risks. This passive safety measure reduces dependence on conventional active safety features such as sensors and software controls.

**Proven field performance**<br> The new FCmove**<sup>®</sup>**-SC draws on Ballard's extensive on-road experience. In Europe, Ballard has deployed more than 850 vehicles across cities on the continent. Ballard's FCmove<sup>®</sup>-HD module has been produced, scaled, and successfully operated over nearly a hundred million service kilometers. This market-leading operational base has informed FCmove**<sup>®</sup>**-SC's new design, architecture, and component subsystems resulting in lower total cost of ownership for transit operators.

"Our focus is to deliver practical, measurable steps that move fuel cell buses closer to diesel parity," said David Mucciacciaro, Senior Vice President and Chief Commercial Officer. "We're benefitting from the most operational experience in the bus segment and on insights from our long-standing customers, to deliver a solution that simplifies vehicle integration, reduces operating and maintenance costs - backed by services that keep fleets reliably on the road."

Ballard will exhibit the FCmove**<sup>®</sup>**-SC and other transit solutions in **Hall 9, Stand 579** at Busworld at the Brussels Expo, 4-9 October. Demonstrations are by invitation; transit operators and OEMs interested in scheduling should contact Ballard's marketing team.

**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 enable electrification of mobility, including buses, commercial trucks, trains, marine vessels, and stationary power. To learn more about Ballard, please visit www.ballard.com.

This release contains forward-looking statements concerning anticipated performance, cost, serviceability, and other customer benefits of our products and services. 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

View original content to download multimedia:https://www.prnewswire.com/news-releases/ballard-to-launch-fcmove-sc-fuel-cell-at-busworld-improved-performance-and-lifecycle-cost-on-the-road-to-diesel-parity-302559543.html

SOURCE Ballard Power Systems Inc.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/September 2025/17/c5285.html

%CIK: 0001453015

CO: Ballard Power Systems Inc.

CNW 17:30e 17-SEP-25