Ballard Buys UK Fuel Cell Specialist Arcola
The title of this post, is the same as that of this article on Electrive.
This is the first paragraph.
The Canadian fuel cell manufacturer Ballard Power Systems acquires Arcola Energy, a British specialist for the integration of fuel cell systems in heavy commercial vehicles such as buses, trucks and trains. Both sides had previously worked together for years.
The price is stated as around forty million dollars in cash and shares.
As Arcola started just round the corner from where I live in Dalston, I wish them well!
The Anonymous Widower 
I have noticed that a lot of these tie ups between original equipment manufacturers and systems solutions companies are happening throughout Europe and North America. Whether they lead to total integration or remain JVs seems to be an evolving thing, but they are obviously happening because there are large fleets of relatively young vehicles with internal combustion drivelines for which the owners have a large outlay and want to recoup on their long term investment whilst meeting anticipated environmental restrictions.
I was intrigued about the name Arcola, the Arcola Theatre and knowing how often London streets gain their names for historical events or people, I looked it up. Apparently Arcola Street got its name from the Battle of Arcole or Arcola in 1796 fought between French and Austrian forces near Verona during the earlier part of the Napoleonic Wars.
Comment by fammorris | November 13, 2021 |
My grandmother was born on Dalston Lane in the 1880s, just round the corner and my mother used to work at Reeves, which is on Arcola Street.
Comment by AnonW | November 13, 2021 |
I feel I have a bit of a connection to that bit of London having done some geological research. The family of my daughter’s partner are largely descended from either refugees who fled Napoleon’s invasion of what became Belgium, in the late 1790s settling in Spitalfields or a later group of economic migrants from East Flanders who in the 1870s settled in Hackney near Victoria Park. People often overlook all those earlier migrants that settled in East London.
Do you know Tyssen Street another connection to flemish immigrants going back to the 1600s?
Comment by fammorris | November 13, 2021 |