News Releases

March 19, 2019
financial

Westport Fuel Systems Reports Fourth Quarter and Full Year 2018 Financial Results

Strong 2018 Financial Performance and Continued Growth in 2019

Westport Fuel Systems Inc. reported financial results for the fourth quarter and year ended December 31, 2018 and provided an update on operations.

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March 8, 2019
financial

Westport Fuel Systems to Announce Fourth Quarter and Fiscal 2018 Results on Tuesday, March 19, 2019

Westport Fuel Systems Inc. announced today that it will disclose its financial results for the fourth quarter and year ended December 31, 2018 on Tuesday, March 19, 2019 after market close.

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February 4, 2019
managementcorporate

Westport Fuel Systems Announces Chief Financial Officer Resignation

Westport Fuel Systems Inc today announced that Michael Willis has resigned as its Chief Financial Officer.

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January 15, 2019
managementcorporate

Westport Fuel Systems Appoints David Johnson as Chief Executive Officer

Nancy Gougarty to Remain During a Transition Period

Westport Fuel Systems Appoints David Johnson as Chief Executive Officer

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November 8, 2018
corporatefinancial

Westport Fuel Systems Reports Third Quarter Fiscal 2018 Financial Results

Delivers Positive Adjusted EBITDA, Updates Revenue Guidance

Westport Fuel Systems Inc. reported financial results for the third quarter ended September 30, 2018 and provided an update on operations.

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October 30, 2018
managementcorporate

Westport Fuel Systems to Announce Third Quarter Results on Thursday, November 8, 2018

Westport Fuel Systems Inc. announced today that it will disclose its financial results for the third quarter ended September 30, 2018 on Thursday, November 8, 2018 after market close.

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September 26, 2018
Cummins Westport

Independent Study Confirms Emissions Performance of Cummins Westport ISX12N Natural Gas Engine

Cummins Westport Inc. is pleased to announce that an independent third-party study on the Cummins Westport ISX12N 400 hp natural gas engine has demonstrated that the engine meets and exceeds California Air Resources Board’s optional Low NOx standard of 0.02 g/bhp-hr.

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August 28, 2018
HPDI 2.0agreements

Westport Fuel Systems and Weichai Westport to Commercialize HPDI 2.0 Technology for China

Westport Fuel Systems Inc.announced today that it has entered into definitive development and supply agreements with Weichai Westport Inc. to develop, market, and commercialize a heavy-duty, natural gas engine featuring the Westport HPDI 2.0™ technology, based on one of Weichai Power Co., Ltd.’s heavy-duty engine platforms.

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August 9, 2018
corporatefinancial

Westport Fuel Systems Reports Second Quarter Fiscal 2018 Financial Results

Delivers Positive Adjusted EBITDA

Westport Fuel Systems Inc. reported financial results for the second quarter ended June 30, 2018 and provided an update on operations.

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News Releases

August 6

Westport Fuel Systems Reports Second Quarter 2020 Financial Results

Westport Fuel Systems Inc. reported financial results for the second quarter ended June 30, 2020 and provided an update on operations.

August 4

Westport Fuel Systems Announces Supply Contract with NAFTAL

MTM to Supply LPG Systems to the Growing Algerian Market

July 24

Westport Fuel Systems Secures €15 Million Loan from UniCredit

Transaction to Bolster the Liquidity of MTM in Cherasco, Italy

July 24

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.

July 23

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.

Industry News

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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