News Tagged with "Government"

August 23, 2016

Westport Fuel Systems Provides Economical Environmental Solutions

Supports new standards for greenhouse gas emissions & fuel efficiency

Next generation natural gas engines and vehicles including Westport High Pressure Direct Injection 2.0 (“Westport™ HPDI 2.0”) and Enhanced Spark Ignition (“Westport™ ESI”) technologies comply with the new Phase 2 GHG emissions and fuel efficiency standards and offer significant GHG emission reduction benefits through the combination of low-carbon fuels and high-efficiency engines.

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August 2, 2012

Natural Gas an Important Fuel for the U.S. Transportation Sector: National Petroleum Council Report

Released August 1, the National Petroleum Council’s Report “Advancing Technology for America’s Transportation Future” has concluded that natural gas is a promising fuel from both an economic and technology perspective.

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May 15, 2012

Government of British Columbia Announces $62 Million Incentive Program to Promote Adoption of Natural Gas Vehicles in the Province

The B.C. Ministry of Energy and Mines announced the Greenhouse Gas Reduction regulation that advances the adoption and deployment of natural gas vehicles (NGVs) in BC. Program expects to incentivise Purchase of over 1,000 Heavy-Duty natural gas trucks and related infrastructure.

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March 13, 2012

China's First Engine with Westport™ HPDI Technology Unveiled during China National People's Congress

China's first natural gas engine featuring Westport high pressure direct injection (HPDI) technology at a press conference at the government building in Beijing, the Beijing Diaoyutai State Guesthouse. The innovative technological achievement and product introduction is the result of China's first joint venture for HPDI natural gas engines—Weichai Westport Inc.—and fills a gap in the natural gas engine market for heavy-duty trucks.

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April 1, 2011

President Obama and U.S. Secretary of Energy Steven Chu Visit UPS Shipping Facility to View Alternative Fuel Vehicles Including Natural Gas Truck Powered by Westport HD

President Obama Announces National Clean Fleets Partnership

President Barack Obama, U.S. Secretary of Energy Steven Chu and Transportation Secretary Ray LaHood visited a UPS shipping facility in Landover, Maryland to view various alternative fuel vehicles from UPS, AT&T, Pepsi-Frito Lay, and Verizon’s clean fleets and to announce National Clean Fleets Partnership. A liquefied natural gas (LNG) Kenworth T800 truck powered by Westport HD was showcased at the event to demonstrate UPS’ commitment to reduce the emissions of its truck fleet while taking a step toward U.S. energy security.

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August 26, 2009

US DOE Announces Recovery Act Funding for up to 2,800 Natural Gas Vehicles

The US Department of Energy’s (DOE) Clean Cities program to reduce petroleum consumption in the transportation sector has awarded $300 million funding for 25 cost-share projects across the US that will deploy more than 9,000 alternative fuel and energy efficient vehicles and build 542 new refueling stations.

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News Releases

August 14

Westport Fuel Systems Reports Second Quarter 2017 Financial Results

Enhanced Liquidity and Continued Execution on Stated Goals

August 7

Westport Fuel Systems to Announce Second Quarter Results on Monday, August 14, 2017

To coincide with the disclosure, Westport Fuel Systems has also scheduled a conference call on Monday, August 14, 2017 at 2:00 pm Pacific Time (5:00 pm Eastern Time).

July 28

Westport Fuel Systems Announces Underwriters' Exercise of Over-Allotment Option

Westport Fuel Systems Inc. announced today the exercise of the underwriters' option from its previously announced offering to purchase an additional 2,425,000 common shares at the Offering price of US$1.50 per share. With the exercise of the option, Westport issued a total of 19,125,000 common shares under the offering for gross proceeds of US$28,687,500.

July 19

Westport Fuel Systems Closes Offering of Common Shares

Westport Fuel Systems Inc. announced today the closing of its previously announced offering of 16,700,000 common shares at a price of US$1.50 per share, for gross proceeds of US$25,050,000.

July 14

Westport Fuel Systems Prices Offering of Common Shares

Westport Fuel Systems will offer 16,700,000 common shares at a price of US$1.50 per share, for gross proceeds of US$25,050,000.