The company is currently working with FedEx Corporation FDX on the development of the first design for the range extender program. This can open up another avenue for Plug Power and help it to further strengthen its position in the hybrid hydrogen battery-powered delivery truck market.
GM has worked with industrial giant 3M (MMM) in the past to develop components for its cars, and 3M could be a potential technology partner on fuel cell cars.
Earlier this month, 3M teamed with hydrogen fuel cell systems maker Plug Power (PLUG), which currently sells hydrogen fuel systems to makers of forklifts and other materials-handling vehicles.
Plug Power and 3M will jointly develop new fuel cell stack technology to expand Plug Power’s presence into “hydrogen-enabled electric vehicles.”
Thx for the info!
Among the 5 analysts Thomson/First Call tracks, the 12-month average price target for PLUG is $2.9 but some analysts are projecting the price to go as high as $3.5. If the optimistic analysts are correct, that represents a 72 percent upside potential from the recent closing price of $2.03. Some sell-side analysts, particularly the bearish ones, have called for $2 price targets on shares of Plug Power Inc..
Plug Power Inc (NASDAQ:PLUG) was upgraded by equities research analysts at Vetr from a “buy” rating to a “strong-buy” rating in a research report issued to clients and investors on Monday,
my broker just called me asking if they could borrow my shares and I told him YES if you agree to pay me $11/sh!
FROM YOUR ACCT!!! I DID IT!
Energizer Holdings, Inc. (NYSE: ENR) = $41+ even its profit = BREAK EVEN!
CORAL SPRINGS, Florida, March 16, 2016 /PRNewswire/ --
Researchers & Tech engineers race to improve fuel cell technology as the demand for clean energy sources continues to rise for Governmental, Transportation, Military and portable electronics applications. Sustainable energy, battery products & Fuel Cell production companies with recent achievements of importance in the market today: Neah Power Systems, Inc. (OTCBB: NPWZ) (OTC: NPWZ), FuelCell Energy, Inc. (NASDAQ: FCEL), Plug Power Inc. (NASDAQ: PLUG), Energizer Holdings, Inc. (NYSE: ENR) and Axion Power International, Inc. (NASDAQ: AXPW)
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You can tell that more and more warehouses are making the switch because Plug Power announced it will break even by the end of 2016. So, by the end of this year, PLUG stock could be sky-high, dethroning TSLA stock as the market’s prized “renewable.”
Honda has worked in cooperation with technology partner Plug Power, Inc., to reduce size and increase convenience in each subsequent generation of the Home Energy Station.