Plug Power Inc (NAS:PLUG)
$ 2.56 -0.21 (-7.58%) Market Cap: 1.90 Bil Enterprise Value: 2.76 Bil PE Ratio: 0 PB Ratio: 0.54 GF Score: 50/100
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Plug Power Inc Symposium Transcript

Oct 19, 2022 / 01:00PM GMT
Release Date Price: $16.95 (-11.30%)
Andrew J. Marsh
Plug Power Inc. - President, CEO & Director

What a pleasure to be here today. I've been on this and many of you have been on this journey with me over the last 15 years. And it has been a journey as really Plug has built really the first market, first market for hydrogen fuel cells.

And I can remember the early days and putting -- going into a market, which really wasn't that sexy, putting fuel cells into forklift trucks, it doesn't really capture the imagination. Now that video captures the imagination. But we learned a lot during that journey. And I had this meeting in Washington Court House, Ohio. And it came after just a disaster at Walmart because one of our suppliers delivered hydrogen, it was poisoned hydrogen. The retail -- the station they build to support the effort really wasn't that good. The service, which we had third parties doing for us didn't work.

And my friends at Walmart said to me, Plug, if you want to sell anything, you have to be able to provide us the fuel, you have to build the fueling stations, you have to provide the aftermarket service.

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