Close menu




November 24th, 2021 | 13:25 CET

Clean Logistics, Ballard Power Systems, Nel ASA - Hydrogen shows its strengths in logistics!

  • Hydrogen
Photo credits: pixabay.com

It may seem as though the race for drive concepts of the future has been decided, and the e-drive in combination with battery storage has prevailed. However, in the area of transport logistics, the last word does not seem to have been spoken yet. Prominent examples here include the new cooperative concepts of Nikola and Bosch in fuel cell development or the cooperation between TotalEnergies and Renault in the area of small delivery vehicles. The following companies are also likely to benefit significantly from further advances in hydrogen technology.

time to read: 4 minutes | Author: Carsten Mainitz
ISIN: Clean Logistics SE | DE000A1YDAZ7 , BALLARD PWR SYS | CA0585861085 , NEL ASA NK-_20 | NO0010081235

Table of contents:


    Dirk Graszt, CEO, Clean Logistics SE
    "[...] We can convert buses and trucks to be completely climate neutral. In doing so, we take a modular and incremental approach. That means we can work with all current vehicle types and respond to new technology and innovation [...]" Dirk Graszt, CEO, Clean Logistics SE

    Full interview

     

    Clean Logistics - Clean trucks and buses refurbished in Germany

    Clean Logistics does not build trucks or buses itself, but it is nevertheless an eMobility pioneer from Germany. Thanks to a clever concept, the Hamburg-based Company has found a way to completely replace the powertrain of large commercial vehicles with a combination of highly efficient fuel cells, flame-retardant battery storage and novel wheel hub motors. As a result, a refueling stop for such a vehicle takes no longer than a conventional diesel vehicle, and the range of a tank filling is also comparable.

    In this way, transport and logistics companies can gradually convert their fleets to climate-neutral drives. This solution, which currently costs around EUR 500,000 per conversion, is not entirely cheap and will continue to be subsidized by the German government until at least 2024, with costs being covered by up to 85%. The Hanseatic Company recently announced an important decision: it had secured a strategic stake in E-Cap Mobility GmbH from Winsen an der Luhe, which has been in cooperation with the Company for some time, through a preliminary agreement. In a first step, 25.1% of the shares are to be acquired for a purchase price of EUR 2.5 million, with the remaining 74.9% to be taken over in the next few months. Ultimately, half of the shares are to be acquired through a contribution in kind of authorized capital and half through a cash payment. However, the deal's completion is still subject to several conditions and is pending a valuation report by an independent auditor.

    The Company had the required conditional capital approved directly at the Extraordinary General Meeting held on the same day. It was also decided to carry forward the balance sheet profit of around EUR 630,000 in full to the new account. E-Cap Mobility is a specialist in the process of being established for the electric conversion of vehicles and plants and the provision of total solutions for mobile and stationary hydrogen systems, which aims to achieve profits in the double-digit million range as early as next year. With the acquisition of E-Cap Mobility, Clean Logistics is significantly increasing its footprint as a provider of climate-neutral drive alternatives. The acquisition is expected to accelerate the planned expansion of capacity to 300 conversions per year by 2023. It is important to do this to work off order books that are already filled well into 2025 when established commercial vehicle manufacturers such as MAN want to enter the ring.

    Ballard Power Systems - There is life in the old dog yet!

    2021 was not necessarily a source of joy for shareholders of the Canadian fuel cell specialist Ballard Power Systems. In the past 52 weeks, the share price plummeted from a high of CAD 59.30 to CAD 15.50, a loss of around 75%. In the meantime, the price has settled back around CAD 20. Meanwhile, the Company's management is relatively unimpressed by the share price caprices and continues to pursue its expansion course stoically. The Company recently announced the acquisition of Arcola Energy, a British specialist for powertrains and vehicle systems with fuel cell propulsion.

    The Company is also planning to build large-scale fuel cells to provide backup power for data centers in collaboration with Microsoft and Caterpillar. The project, funded by the US Department of Energy, is intended to test a sustainable and uninterruptible power supply for sensitive infrastructure. The fuel cells required for this must deliver power in the megawatt range. Here, Ballard plays off its extensive experience and many years of expertise as an expert in fuel cell technology. There continues to be good news from the mobile power supply sector. The Company was recently able to announce the equipping of a further 13 fuel cell buses for the Californian Company New Flyer, following a previous order for 20 buses in October. There are currently around 150 orders for Europe. At present, more than 160 buses with Ballard fuel cells are already on the roads here.

    Nel ASA - Short-term rebound above NOK 20 successful, what is next?

    The share of the Norwegian hydrogen pioneer Nel ASA remains a hot potato. After halving in price since the beginning of the year, the stock started to recover again a few days ago. And this time, it was actually enough to jump above the psychologically important NOK 20 mark. By the end of the week, the share price had consolidated again down to NOK 18.14.

    The signs for a further increase were quite good, but then the announcement from the US that the incumbent FED Chairman Powell had been nominated for another term caused unrest on the markets. Experts now expect three interest rate hikes in the coming year, which cannot be seen as positive for growth stocks like Nel for the time being. On the other hand, the Oslo-based company also has plenty of good news. They are continuing to work flat out to reduce the price of green hydrogen significantly. Currently, capacities at the Herøya plant are being ramped up to an automated production capacity of 500 megawatts in order to start processing orders from Nikola and the former spin-off Everfuel, which Nel still holds a stake of around 20%, in the fourth quarter. In the long term, the Company plans to expand capacity to up to 2,000 megawatts. Nel will thus remain the most important European player in the hydrogen sector.


    Climate neutrality and the energy transition remain the buzzwords of our time. These challenges cannot be met without the use of hydrogen as an energy carrier. In the long term, therefore, investing in large hydrogen stocks such as Ballard or Nel ASA certainly makes sense. Clean Logistics is also exciting. The Company is already making a profit and has a technological edge over top dogs like MAN, Actros or Traton, which should not be underestimated.


    Conflict of interest

    Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") may in the future hold shares or other financial instruments of the mentioned companies or will bet on rising or falling on rising or falling prices and therefore a conflict of interest may arise in the future. conflict of interest may arise in the future. The Relevant Persons reserve the shares or other financial instruments of the company at any time (hereinafter referred to as the company at any time (hereinafter referred to as a "Transaction"). "Transaction"). Transactions may under certain circumstances influence the respective price of the shares or other financial instruments of the of the Company.

    Furthermore, Apaton Finance GmbH reserves the right to enter into future relationships with the company or with third parties in relation to reports on the company. with regard to reports on the company, which are published within the scope of the Apaton Finance GmbH as well as in the social media, on partner sites or in e-mails, on partner sites or in e-mails. The above references to existing conflicts of interest apply apply to all types and forms of publication used by Apaton Finance GmbH uses for publications on companies.

    Risk notice

    Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and etc. on news.financial. These contents serve information for readers and does not constitute a call to action or recommendations, neither explicitly nor implicitly. implicitly, they are to be understood as an assurance of possible price be understood. The contents do not replace individual professional investment advice and do not constitute an offer to sell the share(s) offer to sell the share(s) or other financial instrument(s) in question, nor is it an nor an invitation to buy or sell such.

    The content is expressly not a financial analysis, but rather financial analysis, but rather journalistic or advertising texts. Readers or users who make investment decisions or carry out transactions on the basis decisions or transactions on the basis of the information provided here act completely at their own risk. There is no contractual relationship between between Apaton Finance GmbH and its readers or the users of its offers. users of its offers, as our information only refers to the company and not to the company, but not to the investment decision of the reader or user. or user.

    The acquisition of financial instruments entails high risks that can lead to the total loss of the capital invested. The information published by Apaton Finance GmbH and its authors are based on careful research on careful research, nevertheless no liability for financial losses financial losses or a content guarantee for topicality, correctness, adequacy and completeness of the contents offered here. contents offered here. Please also note our Terms of use.


    Der Autor

    Carsten Mainitz

    The native Rhineland-Palatinate has been a passionate market participant for more than 25 years. After studying business administration in Mannheim, he worked as a journalist, in equity sales and many years in equity research.

    About the author



    Related comments:

    Commented by Stefan Feulner on May 9th, 2022 | 11:42 CEST

    Nel ASA, dynaCERT, Plug Power - Hydrogen in greater demand than ever before

    • Hydrogen
    • GreenTech

    The switch from fossil fuels to renewable energy sources was already decided in order to drive climate change. With the Ukraine conflict and Russia's invasion, "freedom energies" are gaining even more weighty significance and have now become a matter of national security. Great hopes are pinned on green hydrogen, which is seen as a big piece of the puzzle for the green transformation. Since the beginning of the decade, shares in these sectors have been regarded as the new stars on the stock market. In the meantime, many have fallen again and reduced the horrendous overvaluations. Now the industry is facing a new wave.

    Read

    Commented by Armin Schulz on May 9th, 2022 | 10:37 CEST

    BYD, First Hydrogen, Daimler Truck - Shares for the transportation of tomorrow

    • Hydrogen
    • Trucks

    The transportation industry is on the verge of a radical change. According to a study by Bain & Company, every second vehicle will no longer require diesel as early as 2025. But while it is a done deal that the future of passenger cars belongs to the e-car sector, the outcome in the transport industry is still open. Yet freight transport is responsible for a large proportion of emissions. The problem is the heavy batteries, which still cause performance losses and longer charging times. Hydrogen can score points, especially in terms of charging times, and offers high fuel cell efficiency. Today, we take a look at three stocks for tomorrow's transportation.

    Read

    Commented by Fabian Lorenz on May 6th, 2022 | 11:49 CEST

    TeamViewer, Nel, mm2 Asia: Analysts see upside potential

    • entertainment
    • Hydrogen
    • Software

    The US Federal Reserve raised key interest rates by 0.5 percentage points on Wednesday to counteract rapidly rising inflation. After falling sharply in the run-up to the move, share prices worldwide subsequently rallied again. Yesterday, the DAX was back above 14,000 points. Analysts also commented positively on selected shares. For example, TeamViewer's quarterly figures were a positive surprise and analysts see significant upside potential. Goldman Sachs even sees a price potential of over 50% for Nel, and the hydrogen specialist has also landed the next order. However, more has to come. And in the case of the Asian media and technology company mm2 Asia, analysts see even more than 100% share price potential - partly due to the NFT marketplace. Elon Musk has now also discovered the hype surrounding NFTs for himself.

    Read