News Releases

July 24, 2020
financial

Westport Fuel Systems Announces Refinancing of Convertible Notes with Cartesian Capital Group

Westport Fuel Systems today announced that it has has entered into an agreement for the refinancing of its convertible notes held by funds associated with Pangaea Two Management, LP and Cartesian Capital Group.

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July 23, 2020
financial

Westport Fuel Systems Secures US$10 Million Credit Facility from Export Development Canada

Westport Fuel Systems today announced that they have closed a US$10 million term credit facility from Export Development Canada to bolster liquidity during the COVID-19 pandemic.

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July 23, 2020
corporatefinancial

Westport Fuel Systems to Announce Second Quarter Results on Thursday, August 6, 2020

Westport Fuel Systems has also scheduled a conference call for Friday, August 7, 2020 at 10:30am ET (7:30am PT)

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June 4, 2020
financial

Westport Fuel Systems Reports First Quarter 2020 Financial Results

Westport Fuel Systems Inc. reported financial results for the first quarter ended March 31, 2020 and provided an update on operations.

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May 28, 2020
financial

Westport Fuel Systems Secures €5 Million Loan from UniCredit

Transaction to Strengthen the Liquidity of Emer S.p.A. in Brescia, Italy

Westport Fuel Systems today announced that they have secured a €5 million loan from UniCredit Italia to bolster liquidity during the COVID-19 pandemic.

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May 26, 2020
BRCagreementscustomersautomotivecomponents

Westport Fuel Systems Awarded GASTEC Tender

BRC to Supply Systems to the Growing Egyptian Market

Westport Fuel Systems Inc. have been awarded a competitive tender bid by the Egyptian International Gas Technology Company to supply 6,300 compressed natural gas sequential injection fuel systems into the growing Egyptian market in 2020.

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April 30, 2020
corporatefinancial

Westport Fuel Systems Publishes 2020 Annual and Special Meeting of Shareholders Results

Shareholders approved all resolutions presented at the Meeting.

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April 29, 2020
corporatefinancial

Westport Fuel Systems to Announce First Quarter Results on Thursday, June 4, 2020

Westport Fuel Systems has also scheduled a conference call for Friday, June 5, 2020 at 10:30am ET (7:30am PT)

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April 28, 2020
corporatefacilities

Westport Fuel Systems to Resume Production at Italian Operations

Production and manufacturing will fully resume at its facilities in Cherasco, Brescia, and Albinea, Italy on May 4, 2020

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News Releases

October 27

Westport Fuel Systems to Announce Third Quarter Results on Monday, November 9, 2020

Westport Fuel Systems has also scheduled a conference call for Tuesday, November 10, 2020 at 10:30am ET (7:30am PT)

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

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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