VANCOUVER, BC and NEW YORK, NY — Westport Innovations Inc. and Fuel Systems Solutions Inc. on Tuesday jointly announced the companies have entered into a merger agreement to create an alternative fuel vehicle and engine company. The move comes after the two companies combined lost US$43.7 million in the first half of 2015, according to Transport Topics newspaper. Westport has a publicly stated goal of reaching break even by the middle of 2016 and the merger would only strengthen the company’s ability to meet this goal, said a news release. The companies anticipate closing the transaction in the fourth quarter of 2015. Westport and Fuel Systems will operate as separate companies until that time.
VANCOUVER, B.C. – Westport also expects California Air Resources Board (CARB) certification soon in 2015.
VANCOUVER, BC- Cummins Westport (CWI) has made changes to both its board of directors and management in accordance with the terms of the 50/50 joint venture agreement between Cummins Inc. and Westport Innovations Inc.
VANCOUVER — Westport Innovations has made inroads in the heavy-duty truck market largely due to California’s Clean Port Truck Program, but are now branching out.
Three factory-installed LNG configurations available through partnership with Westport Innovations
McNeilus offers industry’s first commercial mixer fuelled by compressed natural gas
LONG BEACH, Ca. — Some 132 owner-operators contracted to California Cartage are now driving near-zero-emission Sterling Set-Back 113 tractors in the ports of Long Beach and Los Angeles.
VANCOUVER — Westport Innovations and Volvo have entered into an agreement to collaborate on heavy duty natural gas engines and the associated supply chain.
VANCOUVER — In an effort to reduce fuel consumption in transportation the U.S. Department of Energy is willing to spend $300 million, and one B.C. manufacturer is hoping to cash in.
Ford and Westport partner on gasoline/CNG power system
VANCOUVER — Westport Innovations revealed the United States Internal Revenue Service (IRS) has confirmed tax credit eligibility for buyers of Westport’s liquefied natural gas (LNG) system for heavy-duty Class 8 trucks.
VANCOUVER — As Westport Innovations’ largest procurement for LNG trucks at the Port of Los Angeles and Port of Long Beach edges to completion, the alternative engine maker’s COO will move into an advisory role and a new CFO is appointed.