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WPRT - Westport Innovations Inc.


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Westport Innovations Inc. logo

Westport Fuel Systems Inc., headquartered in Vancouver, Canada, specializes in the engineering, manufacturing, and global supply of alternative fuel systems and components for various transportation applications. The company operates through two primary segments: Original Equipment Manufacturer (OEM) and Independent Aftermarket.

Within its OEM segment, Westport Fuel Systems designs and delivers a comprehensive range of alternative fuel systems and components. These include solutions utilizing liquefied petroleum gas, compressed natural gas, liquefied natural gas, renewable natural gas, and hydrogen. The company serves both light and heavy-duty vehicle manufacturers, providing innovative technologies that enhance fuel efficiency and reduce environmental impact.

The Independent Aftermarket segment caters to a broad customer base, encompassing light and heavy-duty vehicle owners, aftermarket distributors, and delayed OEMs. Westport Fuel Systems offers a diverse portfolio that includes electronics, hydrogen systems, and fuel storage solutions. This segment plays a crucial role in supporting existing vehicle fleets with advanced retrofit and maintenance services.

One of its notable innovations is the Westport High Pressure Direct Injection 2.0 system, which integrates fuel technology to enable diesel engines to operate efficiently on natural gas fuel. This advancement not only matches the performance and fuel economy benefits of traditional diesel engines but also significantly reduces greenhouse gas emissions, contributing to sustainability efforts globally. Founded in 1995 as Westport Innovations Inc. and rebranded as Westport Fuel Systems Inc. in 2016, the company continues to drive technological advancements in alternative fuel systems, positioning itself at the forefront of sustainable transportation solutions.

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Stock Sector: Automotive: Auto Parts

 

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