Conventional hybrid cars run on gasoline or diesel but usually use very little of it. Although they have an electric motor and a small battery pack, the batteries cannot be charged externally. Instead, the batteries are charged when the vehicles are moving slowly and the electric scooter switches roles to become a generator for a …
What is a hybrid? Hybrid vehicles explained – EV Central Read More »
By: Andy Marsh, Plug CEO and Executive Chairman First, we recognize that it has been challenging for European shareholders to vote. The effort so many of you put into voting is amazing – thank you. The challenge is that some European shareholders get extra steps when voting their shares because of differences in exchange services …
How European Shareholders Can Vote Their Plug Power Shares Read More »
Putting innovation and collaboration into action, Ballard Power Systems supported our partner MCV's zero-emissions and fuel cell journey from the factory floor to full fleet use by providing comprehensive, hands-on training to the bus manufacturer's technical team in workshops centered on two continents.
Hydrogen is now moving towards one of the most important first European hydrogen infrastructure projects. The plug completed the first hydrogen filling of the 32 km Hynetwork pipeline section in the Rotterdam industrial cluster, providing 32 tons of hydrogen certified by the RFNBO to support the first use. This historic event marks the first major …
Connect Hydrogen Now Flows Through Rotterdam's Hynetwork Pipeline Read More »
By: Andy Marsh, Plug CEO and Executive Chairman We are making good progress in obtaining approval for Proposal 2, increasing the number of authorized shares available for issuance. As of Thursday, the number of votes required has been reduced by almost two-thirds, and is now in about 1% of the total balance shares required to …
Update on Proposition 2 Vote – Within ~1% of Vote Safety Read More »
By Andy Marsh, Plug CEO and Executive Chariman There seems to be some confusion about whether the company will do a reverse stock split. Let me clarify. Proposal 2 is about increasing the number of authorized shares. If proposal 2 passes: Company I WILL NOT make a reverse stock split unless the shareholders specifically approve …
By Andy Marsh, CEO and Executive Chairman We ask you to vote YES to Proposition 2which increases the number of authorized shares. If proposition 2 does not pass, The plug will be forced to use ia reverse stock split to meet our contractual obligations by the end of February – something no one wants. As …
Protecting Shareholder Value – Why I'm asking for a Yes vote Read More »
From: Andy Marsh, CEO and Executive Chairman We know that many of our long-term investors in Europe find it difficult to vote. In many cases, European traders actually need investors pay voting. It doesn't sound right, but that's the truth. Our team is working closely with our lawyers and our outside lawyers to see if …
To Our International Shareholders – The Power of Connection Read More »
By: Andy Marsh, CEO and Executive Chairman Retail investors can be extraordinary power when voting on a general proposal. Proposal 2—an increase in the number of authorized shares—is a common proposal. Let me explain why your vote is more important than you might think. Assume that you have made a purchase 10,000 shares with Fidelity. …
Author: Andy Marsh, Plug CEO and Executive Chairman We encourage our shareholders to vote yes on Proposals 1 and 2. Proposal 2 is to increase the number of authorized shares. If this proposal does not pass, we will conduct a reverse stock split. We must increase the number of shares or conduct a reverse stock …
We're Close to Proposal 2 – But We Still Need Your Help Read More »
