Westport Fuel Systems announces initial post-merger actions targeted at consolidating operations and driving efficiencies while maintaining ability to deliver OEM customer programs on schedule. Included in these efforts is the sale of non-core assets that unlock invested capital without disrupting delivery of OEM customer programs.Find out more
Westport and the Gas Technology Institute have been awarded US$900,000 towards a program to advance state-of-the-art natural gas combustion technology. The work will feature Westport™ enhanced spark ignited (ESI) natural gas engine technology and demonstrate "High Frequency Corona Discharge Ignition" on an OEM partner's engine.Find out more
Westport is unveiling its newest proprietary technology, the first generation of enhanced spark-ignited (ESI) natural gas system. Westport’s new revolutionary approach to natural gas combustion technology is designed to provide vehicle and engine original manufacturers (OEMs) with a “downsized” natural gas solution that is cost competitive while providing similar levels of power, torque, and fuel economy to a larger diesel engine. Using 100% dedicated natural gas as fuel, Westport’s new technology optimizes the combustion and thermal efficiencies of the engine by taking advantages of the positive properties of natural gas.Find out more
$6.0 Million of Principal Payments Deferred to Improve Liquidity
Westport Fuel Systems today announced it will temporarily suspend production at its facilities in Cherasco and Albinea, Italy.
Strong 2019 Financial Performance
Westport Fuel Systems today announced the decision to temporarily suspend production in its Brescia, Italy facility effective immediately.
Westport Fuel Systems Inc. today announced that it will disclose its financial results for the fourth quarter and year ended December 31, 2019 on Tuesday, March 17, 2020 after market close.