News Tagged with "Westport"

November 28, 2016

Westport Expands MY2017 Ford Product Line

Environmental Protection Agency Certifies Westport’s Emission-Reducing WiNG™ Power System on Multiple Ford Platforms

Westport has announced it has received certification from the Environmental Protection Agency for its Westport WiNG™ Power System on multiple 2017 Model Year Ford products.

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October 13, 2016

Cummins Westport Begins Production of ISL G Near Zero Natural Gas Engine

North America’s First Commercially Available Near Zero NOx MidRange Engine

Cummins Westport Inc. (CWI) today announced that orders are being processed and production of the ISL G Near Zero (NZ) NOx natural gas engine has commenced.

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August 23, 2016

Westport Fuel Systems Provides Economical Environmental Solutions

Supports new standards for greenhouse gas emissions & fuel efficiency

Next generation natural gas engines and vehicles including Westport High Pressure Direct Injection 2.0 (“Westport™ HPDI 2.0”) and Enhanced Spark Ignition (“Westport™ ESI”) technologies comply with the new Phase 2 GHG emissions and fuel efficiency standards and offer significant GHG emission reduction benefits through the combination of low-carbon fuels and high-efficiency engines.

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August 22, 2016

Westport Fuel Systems to Sell Portion of Joint Venture Interest for Approximately $11 Million

Company remains committed to Chinese market & continues to advance Westport™ HPDI 2.0 program

Westport Fuel Systems announced that it has entered into agreements to sell an 11.7% interest in the Weichai Westport Inc. joint venture for gross proceeds of 48.2 million RMB (approximately US$7.2 million) to Weichai Holding Group Co., Ltd. and an additional undisclosed purchaser. Associated with the sale, Westport Fuel Systems will also receive a dividend payment of 23.8 million RMB (approximately US$3.5 million) from the joint venture, generating total gross proceeds of 72.0 million RMB (approximately US$10.7 million).

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August 1, 2016

Westport Fuel Systems Completes Sale of Non-Core Assets for Over $12 Million

Post-merger consolidation quickly underway. Customer programs to proceed on schedule.

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.

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June 23, 2016

Volvo Car Launches New V90 BiFuel Station Wagon

Leverages same Westport natural gas technology as award-winning sports wagon

Volvo Car will launch the BiFuel version of its new V90 station wagon. This vehicle is based on the same engine technology as the Volvo V60 sports wagon which recently won second place in the Best Environmental Car in Sweden - company car category.

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May 18, 2016

Westport Secures CARB Certification for Dedicated CNG Ford Transit Vehicles and F-150 Trucks

California Air Resources Board certifies emission-reducing Westport WiNG™ Power System used in popular vehicle models

Westport has received certification from CARB for the dedicated CNG Westport WiNG™ Power System used in the Ford Transit Cargo Van and Passenger Wagon, and the F-150 truck for model year 2016.

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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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December 18, 2015

AVL and Westport Sign Agreement to Deliver Next-Generation HPDI Technology

AVL’s Global Engineering Capability to Support Rapid Adoption of Advanced Natural Gas Engine Technology

Westport and AVL List GmbH. have entered into an agreement to deliver next-generation Westport high pressure direct injection (Westport HPDI™) gas technology.

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News Releases

November 7

Westport Fuel Systems Reports Third Quarter 2019 Financial Results

Net income from continuing operations of $4.9 million and Adjusted EBITDA of $9.4 million due to revenue growth and operating cost reductions

October 24

Westport Fuel Systems to Announce Third Quarter Results on Thursday, November 7, 2019

Westport Fuel Systems Inc. announced today that it will disclose its financial results for the third quarter ended September 30, 2019 on Thursday, November 7, 2019 after market close.

September 27

Westport Fuel Systems Announces Settlement with the U.S. Securities and Exchange Commission

Westport Fuel Systems today announced that it has reached a settlement fully resolving the SEC’s investigation.

August 30

Westport Fuel Systems to Present at the 8th Annual Gateway Conference on September 5, 2019

Westport Fuel Systems today announced they have been invited to present at the 8th Annual Gateway Conference, which is being held September 4-5, 2019 at the Four Seasons Hotel in San Francisco, California

August 22

Westport Fuel Systems Announces New Chief Financial Officer

Westport Fuel Systems Appoints Richard Orazietti as Chief Financial Officer

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