2013

September 16, 2013
managementoff-road

Westport Announces Thomas Rippon as Vice President, Mining and Rail

Global OEM Expertise Supports Growth Opportunities for Key Off-Road Products

According to industry statistics and Westport analysis, global heavy off-road applications use more than 24 billion gallons of diesel each year, creating an attractive opportunity for significant cost savings and reduced emissions by using natural gas.

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August 1, 2013
Westport WiNGautomotiveproductsWestport

Westport Adds Popular Ford F-150 to its Natural Gas Product Offerings

New Offering Increases Ford QVM Product Portfolio

Westport will offer the newly launched natural gas powered Ford F-150 featuring the Westport WiNG™ Power System in both the United States and Canada.

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August 1, 2013
financial

Westport Reports Second Quarter Fiscal 2013 Financial Results

Cummins Westport and Weichai Westport Post Record Quarter Revenue, Westport Reiterates Breakeven Target by end of 2014, Updates Revenue Outlook for 2013

Cummins Westport and Weichai Westport Post Record Quarter Revenue, Westport Reiterates Breakeven Target by end of 2014, Updates Revenue Outlook for 2013

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July 26, 2013
managementboard members

Westport Appoints Nancy Gougarty as President & COO

Experience and Leadership in the Automotive Sector Provides Key Direction in Westport's Move From Research & Development Mode to International Product Delivery

Westport announced today that Nancy Gougarty has been appointed President and Chief Operating Officer of Westport after resigning her position on the company’s Board of Directors. The change in roles for Nancy is part of Westport’s progression from research and development into an organization focussed on the global commercialization of a wide range of products.

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July 25, 2013
financial

Westport Announces Second Quarter Fiscal 2013 Conference Call for Thursday, August 1, 2013

Westport will disclose its financial results for the second quarter ended June 30, 2013 on Thursday, August 1, 2013 after market close. To coincide with the disclosure, Westport has also scheduled a conference call for Thursday, August 1, 2013 at 2:00 pm Pacific Time (5:00 pm Eastern Time).

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June 28, 2013
acquisitionautomotiveproductsWestport

Westport Acquires Clean Energy’s Natural Gas Vehicle Business, BAF Technologies and ServoTech Engineering, to Expand Ford Product Portfolio and Dealership Coverage

Commits $5 Million to Co-Marketing Program with Clean Energy

Westport has acquired BAF Technologies and its subsidiary ServoTech Engineering, Inc., both subsidiaries of Clean Energy Fuels for $25 million in Westport stock. Westport and Clean Energy also announced a $5 million joint marketing and sales program..

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June 11, 2013
automotiveproductsWestport

Volvo Car Group Unveils V60 Bi-Fuel Car with Westport Natural Gas Fuel System at NGV 2013 Gothenburg

Volvo Car Group unveils its new Volvo V60 Bi-Fuel car in conjunction with the NGV 2013 Gothenburg event being held from June 11 to 13 at the Swedish Exhibition Centre in Gothenburg, Sweden. Sales for the new product will start in October 2013 in Sweden.

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June 5, 2013
LNGcustomersoff-roadproductsWestport

Canadian National Railway Orders Four LNG Tenders from Westport

Westport Launches a New Product to Serve Natural Gas Needs of the North American Railroad Market

Westport launches liquefied natural gas (LNG) tender product solution with an order for four tenders from Canadian National Railway. The first tender to supply fuel to an adjacent natural-gas powered locomotive will be delivered in the fourth quarter of 2013.

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May 30, 2013
automotivecustomerspartnershipsproductsWestport

Westport Announces GAZ Group as a Launch Partner for the WP580 Natural Gas System

Commercial Availability Expected in 2014

Westport signs agreement with GAZ Group to design and develop spark ignited natural gas systems for a new range of GAZ Group CNG commercial vehicles. Westport's new WP580 Engine Management System will be applied to GAZ's YaMZ-530 4.4L and 6.6L diesel engines and will incorporate Westport proprietary components and technology in the multi-year development and supply agreement signed today.

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May 2, 2013
financial

Westport Reports First Quarter Fiscal 2013 Financial Results

Maintains Revenue Outlook for up to 30% Year over Year Growth and 2013 Product Launch Schedule

Westport reports financial results for the first quarter ended March 31, 2013 and provides an update on operations. All figures are in U.S. dollars unless otherwise stated.

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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

Clarifies statements 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: September 30

India: Maruti Suzuki sells 300,000 units of the WagonR S-CNG

The Maruti Suzuki WagonR S-CNG has emerged as the highest selling natural gas vehicle in the country, as this greener and safer factory-fitted CNG model has surpassed 300,000 units in sales.

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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