2017

July 28, 2017
corporatefinancial

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.

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July 19, 2017
corporatefinancial

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.

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July 14, 2017
corporate

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.

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July 13, 2017
corporate

Westport Fuel Systems Provides Q2 2017 Revenue Guidance and Pro Forma Cash Summary

Westport Fuel Systems Inc. announced today that it expects Q2 2017 revenues to be $57-$59 million for the quarter ended June 30, 2017 and a cash balance of approximately $87 million at June 30, 2017.

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July 13, 2017
corporate

Westport Fuel Systems Proposes Offering of Common Shares

Westport Fuel Systems Inc. announced today that it intends to offer and sell common shares in an underwritten public offering.

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July 10, 2017
Cummins Westport

Cummins Westport Features 2018 B6.7N Natural Gas Engine at STN Conference & Expo

Midrange B6.7N Engine is a Natural Choice for the School Bus Market.

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July 10, 2017
board memberscorporate

Westport Fuel Systems Appoints New Director

Westport Fuel Systems Inc. today announced that Daniel M. Hancock has been appointed to the Company’s Board of Directors, effective July 7, 2017.

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June 27, 2017
Cummins Westport

Cummins Westport Introduces Natural Gas Playbook Website

Featuring Information on Evaluating and Operating Natural Gas Vehicles

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News Releases

January 21

Westport Fuel Systems to Cooperate with Truck and Bus Manufacturer Scania on a Direct Injected Hydrogen Engine Research Project

Westport Fuel Systems Inc. today announced it has agreed to commence a research project with Scania to apply its HPDI 2.0 fuel system with hydrogen to the latest Scania commercial vehicle engine. Preliminary test results are expected in the second half of 2021.

January 7

Westport Fuel Systems Appoints New Director

Westport Fuel Systems Inc. today announced the appointment of Tony Guglielmin to the company’s Board of Directors, effective January 7, 2021.

November 19

Cummins Westport Announces Changes to its Board of Directors and Management Team

Cummins Westport Inc. today announced changes to its Board of Directors and Management in accordance with the terms of the 50/50 Joint Venture Agreement between Cummins Inc. and Westport Fuel Systems Inc.

November 16

Westport Fuel Systems Announces Next Generation HPDI Development Contract with OEM Partner

Program Applies HPDI to an Updated Base Engine Platform

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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