News Tagged with "Partnerships"

March 13, 2012
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China's First Engine with Westport™ HPDI Technology Unveiled during China National People's Congress

China's first natural gas engine featuring Westport high pressure direct injection (HPDI) technology at a press conference at the government building in Beijing, the Beijing Diaoyutai State Guesthouse. The innovative technological achievement and product introduction is the result of China's first joint venture for HPDI natural gas engines—Weichai Westport Inc.—and fills a gap in the natural gas engine market for heavy-duty trucks.

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March 6, 2012
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Westport WiNG™ Power Systems for Ford F-250 and 350 Series Rolls Out at NTEA Show in Indianapolis

Filling up is about to get a whole lot less expensive for buyers of the new Westport WiNG™ Power System: A fully-integrated, CNG bi-fuel system, will be available for order on Ford F-250 and F-350 pick-up trucks through authorized Ford dealer/distributors on or about March 19th. Interested customers and dealers can go to the http://www.wingpowersystem.com website today for further information.

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February 27, 2012
partnershipsfinancialWestport

Westport and Leading Engine OEM to Develop Heavy-Duty Natural Gas Truck Engine for North American Market

Development Program Targets Rapidly Growing LNG Truck Opportunity in North America

Westport has signed a development agreement with a leading global engine manufacturer to develop a heavy-duty truck engine featuring Westport proprietary high pressure direct injection (HPDI) technology for the North American market. For competitive reasons, product details have been withheld.

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February 20, 2012
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Westport Signs Heavy-Duty Supply Agreement with Cummins for Westport HD 15 Litre Engine

Agreement Provides Future Scalability and Cost Effective Production Once Threshold Volumes Have Been Achieved

Westport has entered into a Supply Agreement with Cummins to allow manufacturing of the Westport HD 15 litre engine in a Cummins manufacturing facility in Jamestown, New York.

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February 20, 2012
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Westport Announces Amended Cummins Westport Joint Venture Agreement

Conference Call to Follow

Westport has entered into an amended and restated joint venture agreement (JVA) with Cummins for the Cummins Westport (CWI) joint venture. The JVA was amended to provide for, among other things, clarification concerning the scope of products within CWI. In addition, the parties have revised certain economic terms of the JVA.

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February 3, 2012
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Navistar Expands Product Line with Cummins Westport Engine

Navistar will offer the Cummins Westport ISL G in the International® TranStar and WorkStar trucks.

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October 12, 2011
acquisitionpartnershipsautomotiveproductsWestport

Westport Acquires Alternative Fuel Vehicle Sweden AB, European Natural Gas System Supplier to Volvo Cars

Acquisition Marks Continued Expansion into Growing Automotive Segment for Global Leader in Natural Gas Engines

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.

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September 28, 2011
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Westport LD Announces New Natural Gas System for Ford Super Duty Pickups

Westport WiNG™ Power System for F-Series Trucks Will be Sold, Serviced by Authorized Ford Dealers

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.

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September 7, 2011
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Westport to Launch Innovative Co-Marketing Program with Shell to Develop North American Market for Liquefied Natural Gas Vehicles and Fuels

Westport has entered into an agreement with Shell to launch a co-marketing program in North America aimed at providing customers a better economic case when purchasing and operating liquefied natural gas–powered vehicles (LNGVs) by consolidating key value chain components such as fuel supply, customer support and comprehensive maintenance into a single, user-friendly package.

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June 28, 2011
partnershipsautomotiveWestport

Westport Signs Agreement with General Motors to Research Advanced Natural Gas Engine Technology for Light-Duty Vehicles

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.

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News Releases

August 4

Westport Fuel Systems Announces Supply Contract with NAFTAL

MTM to Supply LPG Systems to the Growing Algerian Market

July 24

Westport Fuel Systems Secures €15 Million Loan from UniCredit

Transaction to Bolster the Liquidity of MTM in Cherasco, Italy

July 24

Westport Fuel Systems Announces Refinancing of Convertible Notes with Cartesian Capital Group

Westport Fuel Systems today announced that it has has entered into an agreement for the refinancing of its convertible notes held by funds associated with Pangaea Two Management, LP and Cartesian Capital Group.

July 23

Westport Fuel Systems Secures US$10 Million Credit Facility from Export Development Canada

Westport Fuel Systems today announced that they have closed a US$10 million term credit facility from Export Development Canada to bolster liquidity during the COVID-19 pandemic.

July 23

Westport Fuel Systems to Announce Second Quarter Results on Thursday, August 6, 2020

Westport Fuel Systems has also scheduled a conference call for Friday, August 7, 2020 at 10:30am ET (7:30am PT)

Industry News

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.

Published: March 16

Europe Increasingly Turns to CNG, LNG

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.

Published: March 12

Finnish heavy-duty transport expert Simeon: ”Gas is energy of the future”

Simeon’s gas-powered Volvo is used to transport gas for partners. Stenberg is pleased with the new tractor unit.

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