2015

October 16, 2015
financialcorporate

Westport Appoints KPMG As Auditor

Westport Innovations Inc. announced today the appointment of KPMG LLP ("KPMG") as its auditors, replacing Deloitte LLP (“Deloitte”).

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October 8, 2015
partnershipsinfrastructurefacilitiesWestport

Westport & Gazprom Sign Agreement Targeting NGV System & Component Manufacturing in Russia

Westport Emer products set to build NGV market in Russia

Westport and Gazprom of Russia’s subsidiary Gazprom Gazomotornoye Toplivo (Gazprom) have signed a market development agreement focused on expanding the use of natural gas vehicles in Russia and the localization of manufacturing of Westport’s Emer brand natural gas products. Today, at the St. Petersburg International Gas Forum, the two parties signed a roadmap outlining their planned market development activities.

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October 5, 2015
Cummins Westportcertificationproducts

ISL G Near Zero Natural Gas Engine Certified to Near Zero Emissions

First MidRange engine in North America to reduce NOx emissions by 90% from EPA 2010

Cummins Westport Inc. announces the new ISL G Near Zero (NZ) NOx natural gas engine is the first MidRange engine in North America to receive emission certifications from both U.S. Environmental Protection Agency (EPA) and Air Resources Board (ARB) in California that meet the 0.02 g/bhp-hr optional Near Zero NOx Emissions standards for medium-duty truck, urban bus, school bus and refuse applications.

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September 23, 2015
automotivecustomersfleetsVolvo CarWestport

Sunfleet Car Sharing Offers Latest Volvo Powertrain in its Bi-Fuel Fleet

Westport Delivers First 2016 Volvo V60 Bi-Fuel Cars [Released in Sweden only]

Westport announced delivery of the first 2016 Volvo V60 Bi-Fuel cars to key customer Sunfleet, a Volvo car sharing organization in Sweden. A total of 42 vehicles will be delivered and put into service between now and October.

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September 1, 2015
board membersfinancialstock marketmerger

Westport and Fuel Systems Solutions Announce Intention to Merge

Compelling Merger Creates Scale and Combines Complementary Technologies, Development Focus, and Global Customer and Product Mix

Westport Innovations Inc. (TSX: WPT / NASDAQ: WPRT), and Fuel Systems Solutions Inc. (NASDAQ: FSYS), jointly announce that the companies have entered into a merger agreement to create a premier alternative fuel vehicle and engine company.

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July 29, 2015
financial

Westport Reports Second Quarter and Fiscal 2015 Financial Results

Westport Consolidated Adjusted EBITDA Improved 54% Over Prior Year, Westport Reiterates Revenue Outlook For 2015

Westport reports financial results for the second quarter ended June 30, 2015 and provided an update on operations. All figures are in U.S. dollars unless otherwise stated.

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July 28, 2015
Cummins Westportproducts

New MidRange Natural Gas Engine Featured at STN Expo

ISB6.7 G Natural Gas Engine a Natural Choice for Type C School Bus Market

Cummins Westport Inc. is introducing the 2016 ISB6.7 G, a 6.7-liter MidRange, factory-built, dedicated natural gas engine, to the Type C School bus market at the North American School Bus Show – STN Expo Conference and Trade Show July 25-28 in Reno.

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July 22, 2015
financial

Westport Announces Second Quarter Fiscal 2015 Conference Call for Wednesday, July 29, 2015

Westport will disclose its financial results for the second quarter ended June 30, 2015 on Wednesday, July 29, 2015 after market close. To coincide with the disclosure, Westport has also scheduled a conference call for Wednesday, July 29, 2015 at 2:00 pm Pacific Time (5:00 pm Eastern Time).

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July 9, 2015
Westport HPDIfinancialtechnologycustomersWestport

Westport Completes HPDI Technology Program with Daimler AG

Westport HPDI 2.0 Meets Challenging Performance Targets

Westport has completed an engineering program with Daimler AG to develop and assess Westport High Pressure Direct Injection (HPDI) system for a Daimler heavy duty engine. The prototype HPDI engine met all technical targets resulting in a payment of 2.4 million Euro (approximately $2.7 million USD) by Daimler to Westport.

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July 7, 2015
productstechnologyWestport WiNGpickup truckpropaneWestport

Westport Optimizes Alternative Fuel Options for Fleets by Providing Ford 5.0L F-150 with Dedicated Propane Package

Alternative Fuel Provider Adds Greater Diversity and Stability to Fleet Customers’ Supply Chain

Westport will offer dedicated, liquid propane systems for 2016 Ford 5.0L F-150 trucks. This new liquid propane system will be offered in addition to Westport’s compressed natural gas (CNG) package for 2016 Ford F-150 trucks. Both fuel options are part of the Westport WiNG™ Power System and are expected to be certified to EPA and CARB standards.

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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: October 6

Volvo Trucks sees increased interest in LNG

Swedish truck maker Volvo said it’s seeing hauliers and transport buyers moving towards refrigerated liquefied gas as a cheaper and more environmentally friendly alternative to diesel.

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: September 24

Why Fleet Managers Anheuser Busch Kehe Distributors are Fueling Renewable Natural Gas

While much attention has shifted to the potential for battery-electric or hydrogen vehicles, another technology with a vast infrastructure — renewable natural gas — is gaining traction among fleet managers.

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.

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