News Releases

March 22, 2016

Westport Announces Fourth Quarter Fiscal 2015 and Year End Conference Call for Tuesday, March 29, 2016

To coincide with the disclosure, Westport has also scheduled a conference call for Tuesday, March 29, 2016 at 2:00 pm Pacific Time (5:00 pm Eastern Time).

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March 18, 2016

Westport Shareholders Vote For Merger with Fuel Systems at Shareholder Meeting

Merger plus all other resolutions pass with overwhelming shareholder support

At the meeting, shareholders approved the issuance of such number of Westport common shares as required according to the Agreement and Plan of Merger dated September 1, 2015 (as amended) to complete the Merger, with 98% of votes cast voted in favour of the resolution, 94% of votes cast voted in favour of the amendment to Westport’s Omnibus Incentive Plan, and 98% of votes cast voted in favour of amending the articles of incorporation of Westport to change its name from Westport Innovations Inc. to Westport Fuel Systems Inc.

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March 17, 2016

Westport Appoints New Director to Board

Rodney Nunn to join Westport’s Board of Directors

Westport announces that Rodney (Rod) Nunn, President and CEO of KSR International Co.—a leading Tier One automotive supplier—has been appointed to Westport's Board of Directors as part of a nomination agreement between Westport and certain entities affiliated with Westport’s largest shareholder, Kevin Douglas (“the Douglas Group”).

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March 17, 2016

Proxy Advisory Firm Glass Lewis Recommends that Shareholders of Westport Vote for the Proposed Merger

Glass Lewis Has Advised Shareholders to Vote FOR the Business Combination

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March 14, 2016

Proxy Advisory Firm Recommends that Shareholders of Westport Vote For the Proposed Merger

ISS Has Advised Shareholders to Vote FOR the Business Combination

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March 7, 2016

Westport Signs Amendment to Merger Agreement with Fuel Systems

Updated agreement reflects current market conditions, provides greater certainty to Westport and Fuel Systems shareholders

Westport has signed an Amendment to the Agreement and Plan of Merger in relation to the proposed business combination between Westport and Fuel Systems.

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February 23, 2016

Westport Files Management Information Circular for Fuel Systems Transaction and Sets Date for Special Meeting of Shareholders

Compelling Combination To Bring a Broader Global Reach, Enhanced Technological Expertise, and Provide Significant Value to Westport Shareholders

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January 19, 2016

Westport Secures EPA Certification for the Dedicated CNG and Bi-fuel CNG Ford F-150

Environmental Protection Agency certifies Westport's emission-reducing WiNG™ Power System

Westport has received certification from the EPA for the dedicated CNG and bi-fuel CNG Westport WiNG™ Power System models of the Ford 5.0L F-150 trucks for model year 2016.

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January 12, 2016

Westport and Volvo Car Belux Launch Bi-Fuel Volvo V60 in Belgium and Luxembourg

Westport launches Bi-Fuel Volvo cars in Belgium and Luxembourg in connection with Volvo Car Belux. Unveiled for the Belgium market today at the 94th European Motor Show in Brussels, the 2016 Volvo V60 Bi-Fuel car will be available for order at participating Volvo dealers in the region from January 2016.

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January 11, 2016

Westport Signs Investment Agreement with Cartesian Capital Group for up to $71.3 Million in Financing

Global private equity firm, with a strong presence in Asia and Europe, invests in Westport and the future of natural gas engines

Westport has entered into an agreement with Cartesian Capital Group of New York, for up to $71.3 million in financing to support global growth initiatives. As part of the financing agreement, Peter Yu, Managing Partner and Founder of Cartesian, will be appointed to Westport's Board of Directors.

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News Releases

April 9

Westport Fuel Systems to Provide Business Update in alphaDIRECT Virtual Conference Series on April 14th at 1:00 pm PT

We will participate in the alphaDIRECT Virtual Conference Series to provide a business update relating to the impact of COVID-19 on global operations on Tuesday April 14, 2020 at 1:00 pm Pacific Time.

April 8

Westport Fuel Systems Announces Change to Virtual Annual and Special Meeting of Shareholders

In response to the ongoing global COVID-19 pandemic, we will host its upcoming Annual and Special Meeting of shareholders in a virtual only format, April 29, 2020 at 10:00 am Pacific Time.

March 25

Westport Fuel Systems Announces Strong Support from Export Development Canada

$6.0 Million of Principal Payments Deferred to Improve Liquidity

March 23

Westport Fuel Systems Announces the Temporary Suspension of Production in Cherasco and Albinea, Italy

Westport Fuel Systems today announced it will temporarily suspend production at its facilities in Cherasco and Albinea, Italy.

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