Westport has acquired BAF Technologies and its subsidiary ServoTech Engineering, Inc., both subsidiaries of Clean Energy Fuels for $25 million in Westport stock. Westport and Clean Energy also announced a $5 million joint marketing and sales program..Find out more
Volvo Car Group unveils its new Volvo V60 Bi-Fuel car in conjunction with the NGV 2013 Gothenburg event being held from June 11 to 13 at the Swedish Exhibition Centre in Gothenburg, Sweden. Sales for the new product will start in October 2013 in Sweden.Find out more
Westport signs agreement with GAZ Group to design and develop spark ignited natural gas systems for a new range of GAZ Group CNG commercial vehicles. Westport's new WP580 Engine Management System will be applied to GAZ's YaMZ-530 4.4L and 6.6L diesel engines and will incorporate Westport proprietary components and technology in the multi-year development and supply agreement signed today.Find out more
The Ford F-Series Super Duty trucks with the Westport WiNG™ Power System will soon be available to Canadian customers. To serve the Canadian market, Westport is opening an integration centre in Windsor, Ontario with trucks expected to be ready for delivery to customers by late June 2013.Find out more
Westport has acquired Alternative Fuel Vehicle Sweden AB (AFV) of Gothenburg, Sweden for approximately SEK 51 million (approximately US$7.6 million). AFV is the sole supplier of natural gas fuel systems to Volvo Car Company.Find out more
Westport LD has unveiled the new Westport WiNG™ Power System (WiNG™), an advanced, integrated, bi-fuel system for passenger and commercial vehicles targeting fleet customers. WiNG™ will be available in the popular Ford F-250 and F-350 Super Duty pickup trucks sold and serviced through authorized Ford dealers.Find out more
Westport has completed the purchase of Emer S.p.A. (Emer), of Brescia, Italy. After deduction of certain amounts contractually agreed upon, Westport, at closing, paid approximately Euro 25.6 million (approximately US$37.2 million), which consisted of Euro 12.1 million (US$17.6 million) in cash and 881,860 shares of Westport.Find out more
General Motors and Westport are now in an agreement to help develop advanced natural gas engine technology. Both General Motors and Westport will bring their extensive expertise to develop natural gas engine controls, emissions and performance strategies.Find out more
Westport will purchase Emer S.p.A. (Emer),of Brescia, Italy for Euro 27 million (approximately US$39.6 million) through a combination of stock and cash, plus the assumption of approximately Euro 53 million in existing net debt within Emer.Find out more
Westport has announced that it has acquired 100% of the outstanding shares of OMVL SpA and OMVL’s 51% share of Juniper Engines Inc. for a combined consideration of €19.0 million (approximately US$23.4 million).Find out more
Further strengthens liquidity of Emer S.p.A in Brescia, Italy
Highlights longstanding commitment to ESG performance
Westport Fuel Systems Inc. reported financial results for the second quarter ended June 30, 2020 and provided an update on operations.
MTM to Supply LPG Systems to the Growing Algerian Market
Transaction to Bolster the Liquidity of MTM in Cherasco, Italy
Natural gas vehicles (NGV) may get a boost as power markets and renewable equipment production are seen as potential casualties.
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.
Simeon’s gas-powered Volvo is used to transport gas for partners. Stenberg is pleased with the new tractor unit.