Westport Fuel Systems Inc. is announcing a critical technology advancement that allows its natural gas high pressure direct injection system to support the efficiency improvements anticipated from higher peak cylinder pressure to be introduced into the next generations of diesel engine platforms.Find out more
Westport Fuel Systems today commended the publication of a new study by West Virginia University scientists at the Center for Alternative Fuels, Engines and Emissions (“CAFEE”) quantifying methane emissions from heavy-duty natural gas-powered vehicles and refueling stations.Find out more
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.Find out more
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).Find out more
Westport and AVL List GmbH. have entered into an agreement to deliver next-generation Westport high pressure direct injection (Westport HPDI™) gas technology.Find out more
Westport provides an update to its Westport High Pressure Direct Injection (Westport™ HPDI) second generation or "HPDI 2.0" development program.Find out more
Westport has entered into new agreements with Volvo Group governing the development, commercial launch and supply of Westport High Pressure Direct Injection (Westport™ HPDI) 2.0 technology in its heavy-duty trucks over the next several years.Find out more
Westport has completed an engineering program with Daimler AG to develop and assess Westport High Pressure Direct Injection (HPDI) system for a Daimler heavy duty engine. The prototype HPDI engine met all technical targets resulting in a payment of 2.4 million Euro (approximately $2.7 million USD) by Daimler to Westport.Find out more
Westport gives an update to its Westport high pressure direct injection (Westport™ HPDI) second generation or "HPDI 2.0" development program and identified plans to further refine investment programs to align with its original equipment manufacturer (OEM) customers and the global pace of natural gas vehicle adoption and related infrastructure build out. In line with the pace of market adoption, Westport has updated its near term revenue outlook for the year ended December 31, 2014.Find out more
First Shipments Underway with World’s Largest Diesel Engine Manufacturer; Next Platform for HPDI Underway in Largest Market for Natural Gas TrucksFind 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.