2008

September 11, 2008
Cummins Westportcustomers

Cummins Westport Captures New Market Opportunity in Lima, Peru with Order for over 200 Natural Gas Bus Engines

CWI has received an order for over 200 CWI natural gas engines to equip new buses for transit providers in the capital city of Lima, Peru.

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August 21, 2008
Westport 15LWestport HPDIcustomersWestport

CleanAir Logix Orders Heavy Duty LNG Trucks for Operation at Port of Oakland

New Port Opportunities for Westport Fuel System Solutions with Low Emissions and Fuel Price Savings

CleanAir Logix of Oakland, California has ordered 9 Kenworth T800 heavy-duty liquefied natural gas (LNG) trucks, featuring Westport’s High Pressure Direct Injection (HPDI) technology, for deployment at the Port of Oakland.

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August 18, 2008
stock marketfinancial

Westport Commences Trading on Nasdaq

Westport has commenced trading on the Nasdaq Global Market under the symbol “WPRT” and is now dual listed on both the Toronto Stock Exchange (under the symbol “WPT”) and the Nasdaq.

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August 5, 2008
financial

Westport Reports First Quarter Fiscal 2009 Financial Results

Revenues grow 62% to new quarterly record

Westport reported financial results for the first quarter of Fiscal Year 2009 ended June 30, 2008, and provided an update on operations.

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July 31, 2008
financial

Westport Announces Fiscal 2009 First Quarter Conference Call for Tuesday, August 5, 2008

Westport will disclose its first quarter financial results on Tuesday, August 5, 2008 before market open.

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July 22, 2008
financialstock market

Westport Innovations Inc. Files U.S. IPO Registration Statement with SEC in Connection with NASDAQ Listing Application and Effects Share Consolidation

Westport has filed a registration statement on Form F-10 with the U.S. Securities and Exchange Commission concurrently with a short-form prospectus in Canada in connection with its planned initial public offering of common shares in the United States. The common shares are being concurrently offered in Canada under the short-form prospectus.

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July 16, 2008
Weichai Westportpartnerships

Westport Innovations Partners with Weichai Power, China’s Largest Heavy Duty Engine Manufacturer

Joint Venture Powers International Growth in Engine Development

Westport has reached a joint venture agreement with Weichai Power Co., Ltd, China’s largest heavy duty engine manufacturer, and Hong Kong Peterson (CNG) Equipment Limited. The new entity, Weichai Westport Inc., will research, develop, design, manufacture, market, distribute and sell advanced, alternative fuel engines.

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July 14, 2008
partnershipsWestport

Westport Innovations Signs Development Agreement with Leading European Engine Manufacturer

Westport has entered into a development agreement with a leading European engine manufacturer on the proprietary High Pressure Direct Injection (HPDI) fuel system operating with natural gas and biogas. Westport and the European engine manufacturer will work together to integrate and test Westport’s HPDI fuel system on their engine platforms.

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July 3, 2008
financial

Westport Innovations Completes $15 Million Financing

Westport has completed the previously announced issuance of an aggregate of 15,000 debenture units for aggregate gross proceeds of $15,000,000.

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June 17, 2008
board members

Westport Files Management Information Circular for Special Meeting of Shareholders

Westport has filed its 2008 management information circular and related proxy materials with the Canadian regulatory authorities in preparation for the special shareholder meeting to be held on July 8, 2008 in Richmond, BC.

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News Releases

September 23

Westport Fuel Systems Clarifies Statements Regarding the Chinese Certification of Weichai Westport’s WP12HPDI Natural Gas Engine

to clarify market news regarding its Weichai Westport Inc. joint venture and WWI's 12-liter engine equipped with the HPDI 2.0™ fuel system

September 18

Weichai Westport Secures Chinese Certification for WP12 Natural Gas Engine Powered by HPDI 2.0

Westport Fuel Systems Inc. today announced that its Weichai Westport Inc. joint venture has received certification from the Ministry of Ecology and Environment of China for its 12-liter engine equipped with the HPDI 2.0 fuel system

September 15

Westport Fuel Systems Combines Businesses to Better Serve Growing Indian Market

Transaction Provides Cost Efficiencies and Greater Product Choice for Customers

August 31

Westport Fuel Systems Awarded Key Electronics Supply Contract

Estimated revenue of US$58 million over seven-year period

August 11

Westport Fuel Systems Secures €7 Million Loan from Deutsche Bank

Further strengthens liquidity of Emer S.p.A in Brescia, Italy

Industry News

Published: July 17

Egypt launches ambitious strategy to shift from gasoline to natural-gas powered cars

Egypt has launched an ambitious plan to shift the primary fuel for vehicles in its jurisdiction from petrol and diesel to compressed natural gas.

Published: March 26

Coronavirus Economic Fallout May Boost NGVs as Alternative Transportation

Natural gas vehicles (NGV) may get a boost as power markets and renewable equipment production are seen as potential casualties.

Published: March 16

Europe Increasingly Turns to CNG, LNG

The statistics not only show continuously growing sales of CNG and especially liquefied natural gas fueled vehicles, but also the growth of corresponding fueling infrastructure.

Published: March 12

Finnish heavy-duty transport expert Simeon: ”Gas is energy of the future”

Simeon’s gas-powered Volvo is used to transport gas for partners. Stenberg is pleased with the new tractor unit.

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