News Tagged with "Agreements"

September 23, 2020
agreementsWestport HPDI

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

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September 18, 2020
agreementsWestport HPDI

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

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September 15, 2020
agreementspartnershipsCNGMinda EmerRohan BRC

Westport Fuel Systems Combines Businesses to Better Serve Growing Indian Market

Transaction Provides Cost Efficiencies and Greater Product Choice for Customers

Westport Fuel Systems Inc. today announced that it has signed definitive agreements with its joint venture partner in India, UNO MINDA Group, to sell the assets of its wholly owned subsidiary Rohan BRC Gas Equipment Pvt. Ltd. to Minda Emer Technologies Ltd., a 50%/50% joint venture owned by Westport Fuel Systems and UNO MINDA.

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August 31, 2020
agreementsautomotiveon-roadtechnology

Westport Fuel Systems Awarded Key Electronics Supply Contract

Estimated revenue of US$58 million over seven-year period

Westport Fuel Systems Inc. today announced that it has been awarded a long-term agreement for the supply of electronic control units to a leading Tier One automotive supplier.

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August 4, 2020
MTMagreementsautomotivecustomersLPGpropane

Westport Fuel Systems Announces Supply Contract with NAFTAL

MTM to Supply LPG Systems to the Growing Algerian Market

Westport Fuel Systems Inc. today announced a new contract between MTM and NAFTAL (Algerian State Owned Agency for Distribution and Sale of Oil and Gas) to supply 30,000 liquified petroleum gas systems into the growing Algerian market.

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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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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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July 25, 2018
corporateagreementsfinancialcompressors

Westport Fuel Systems Completes Sale of CNG Compressor Business for 12.3 Million Euro

Westport Fuel Systems Inc. today announced that it has completed the sale of its compressed natural gas compressor business to Snam S.p.A., a leading European gas utility company, for total proceeds of 12.3 million Euro, net of a 500,000 Euro holdback to be released upon fulfillment of an independent audit process to be completed within 30 business days.

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December 22, 2017
HPDI 2.0agreements

Westport Fuel Systems Signs MOU with Weichai Power

Next Step in the Commercialization of Westport™ HPDI for Heavy Duty Trucks in China

Westport Fuel Systems Inc. announced today that it has signed a non-binding Memorandum of Understanding (“MOU”) with Weichai Power Co., Ltd. at a signing ceremony hosted by Mr. Tan Xuguang, Chairman and Chief Executive Officer of Weichai Holding Group Co., Ltd. in Jinan, Shandong Province, China. This MOU sets the framework for finalizing the development, marketing, and commercialization of the Westport high pressure direct injection technology in China.

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September 27, 2016
automotiveagreements

Westport Fuel Systems Announces Supply Agreement with Honda Turkey

BRC LPG systems to be fully integrated into the new Honda Civic ECO

Westport Fuel Systems today announced the signing of a new multi-year agreement between a distributor of Westport Fuel Systems and Honda Turkey to supply liquefied petroleum gas (“LPG”) systems for the new Civic ECO model that will be launched in October 2016.

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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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