VANCOUVER, British Columbia, March 18, 2021 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport Fuel Systems” or the “Company”) (TSX:WPRT / Nasdaq:WPRT) today announced co-investment with its Tier 1 global injector manufacturing partner to expand their production facility in Yantai, China to supply jointly developed and proprietary fuel injectors to the growing global market for HPDI 2.0™.

“We have shared a critical engineering and manufacturing partnership with one of the world’s leading tier 1 injector manufacturers and its predecessor company for HPDI fuel injectors since our first-generation HPDI product and are pleased to jointly invest in continued growth,” said David … Continue Reading

VANCOUVER, British Columbia, March 17, 2021 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport Fuel Systems”) (TSX/Nasdaq: WPRT) a global leader in alternative fuel, low-emissions transportation technologies, today announced its Weichai Westport Inc. (“WWI”) joint venture has agreed to amended terms for the existing technology development and supply agreements between WWI and Westport Fuel Systems. The amendments modify the existing 2018 agreements between Westport Fuel Systems and WWI, and increases WWI’s commitment to purchase Westport Fuel Systems’ flagship high pressure direct injection (“HPDI 2.0™”) systems, while extending the time frame to allow WWI to complete this volume commitment.

Under the … Continue Reading

VANCOUVER, British Columbia, March 15, 2021 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (TSX | Nasdaq: WPRT) a global leader in alternative fuel, low-emissions transportation technologies is pleased to announce that its commons shares will be added by Dow Jones to the S&P/TSX Composite Index effective Monday, March 22, 2022, prior to the open of trading on the Toronto Stock Exchange (“TSX”).

“We are honored to be added to the S&P/TSX composite index,” said David M. Johnson, CEO of Westport Fuel Systems. “This milestone is a recognition of our achievements over the past few years, and I would like to … Continue Reading

VANCOUVER, British Columbia, March 15, 2021 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“WFS”) (TSX:WPRT / Nasdaq:WPRT) today reported financial results for the fourth quarter and year ended December 31, 2020 and provided an update on operations. All figures are in U.S. dollars unless otherwise stated.

FOURTH QUARTER 2020 HIGHLIGHTS

Record revenue of $83.9 million, an increase of 13% over same period last year, with OEM revenue up 32% due to continued growth in HPDI™ 2.0 sales volumes combined with strengthening light-duty OEM sales

Net income of $4.1 million or $0.03 per share; Adjusted EBITDA was $8.1 million, or a

… Continue Reading

H2-HPDI early test results validate modelling, demonstrates HPDI has comparable efficiency to fuel cells in heavy-duty applications

VANCOUVER, British Columbia, March 10, 2021 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (TSX | Nasdaq: WPRT), a global leader in alternative fuel, low-emissions transportation technologies, is pleased to announce successful startup and initial trials of a heavy-duty internal combustion engine running on hydrogen (H2) fuel, using its patented and proprietary High Pressure Direct Injection (HPDI) 2.0™ System.

“We believe H2-HPDI could be extremely compelling, with near-zero greenhouse gas emissions and much lower cost than fuel cell vehicles or battery electric vehicles, particularly … Continue Reading

This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated November 9, 2020 to its final short form base shelf prospectus for the Province of Quebec and its amended and restated final short form base shelf prospectus for each of the Provinces of Canada except Quebec, each dated October 27, 2020.

VANCOUVER, British Columbia, March 01, 2021 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport Fuel Systems” or the “Company”) (TSX/ Nasdaq: WPRT) will disclose its financial results for the fourth quarter and fiscal year ended December 31, 2020 on Monday, March 15, … Continue Reading

H2-HPDI the most capital-efficient, near-term means to use hydrogen, achieve near-zero CO2 emissions for heavy-duty trucking applications

This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated November 9, 2020 to its final short form base shelf prospectus for the Province of Quebec and its amended and restated final short form base shelf prospectus for each of the Provinces of Canada except Quebec, each dated October 27, 2020.

VANCOUVER, British Columbia, Feb. 25, 2021 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport Fuel Systems”) (TSX/Nasdaq: WPRT) a global leader in alternative fuel, low-emissions … Continue Reading

This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated November 9, 2020 to its final short form base shelf prospectus for the Province of Quebec and its amended and restated final short form base shelf prospectus for each of the Provinces of Canada except Quebec, each dated October 27, 2020.

VANCOUVER, British Columbia, Jan. 21, 2021 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport Fuel Systems”) (TSX:WPRT / Nasdaq:WPRT) today announced it has agreed to commence a research project with Scania to apply its HPDI 2.0TM fuel system with hydrogen to the … Continue Reading

This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated November 9, 2020 to its final short form base shelf prospectus for the Province of Quebec and its amended and restated final short form base shelf prospectus for each of the Provinces of Canada except Quebec, each dated October 27, 2020.

VANCOUVER, British Columbia, Jan. 07, 2021 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport Fuel Systems” or the “Company”) (TSX:WPRT / Nasdaq:WPRT) today announced the appointment of Tony Guglielmin to the company’s Board of Directors, effective January 7, 2021.

“We are pleased … Continue Reading

VANCOUVER, British Columbia, Dec. 15, 2020 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport Fuel Systems”) (TSX:WPRT / Nasdaq:WPRT) will participate in a virtual conference event hosted by Water Tower Research to provide a business review of 2020 and look ahead to 2021. The event will take place this week, December 16, 2020 at 12 PM Pacific Time.

The presentation is open to anyone, will be webcast live and be available for replay by visiting Westport Fuel Systems’ website at www.wfsinc.com. Please register using the link below.

Registration Link: https://globalmeet.webcasts.com/starthere.jsp?ei=1415047&tp_key=465f927d67

About Westport Fuel Systems
Westport Fuel Systems is driving … Continue Reading

VANCOUVER, British Columbia, Nov. 19, 2020 (GLOBE NEWSWIRE) — Cummins Westport Inc. (“CWI”) today announced changes to its Board of Directors and Management in accordance with the terms of the 50/50 Joint Venture Agreement between Cummins Inc. (NYSE:CMI) and Westport Fuel Systems Inc. (TSX:WPRT/NASDAQ:WPRT).  The changes take effect January 1, 2021.

Changes to the management team are:

Tom Hodek has been appointed President of CWI. Tom was Director of Sales and Marketing for CWI and previously led the development of the latest generation of CWI’s ISX12N, L9N and B6.7N engines.

Chad Mobley has been re-appointed as Controller of

… Continue Reading

This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated November 9, 2020 to its final short form base shelf prospectus for the Province of Quebec and its amended and restated final short form base shelf prospectus for each of the Provinces of Canada except Quebec, each dated October 27, 2020.

VANCOUVER, British Columbia, Nov. 16, 2020 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport Fuel Systems” or the “Company”) (TSX:WPRT / Nasdaq:WPRT) today announced a follow-on contract for new product development work with its current European-based original equipment manufacturer (“OEM”) partner to … Continue Reading