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Westport Fuel Systems and Volvo JV Unveil HPDI 3.0, Advancing LNG And BioLNG Fuel Technology For Future Low-Carbon Transport

BenzingaBenzinga Newsdesk

Westport Fuel Systems Inc. ("Westport") (TSX:WPRT, NASDAQ:WPRT), today announced Cespira, its joint venture with Volvo Group, released new technical details of HPDI™ 3.0, the next generation of its proven High

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  1. Zacks Investment ResearchNa

    Why Is Westport (WPRT) Down 0.6% Since Last Earnings Report?

    Westport Innovations reported a Q2 loss of 53 cents per share, wider than expected, with revenues declining 78.3% year-over-year due to the planned end of a Heavy-Duty OEM agreement. However, subsidiary Cespira showed strong growth with revenues jumping 125% and narrowing losses by 65%. The company faces going-concern risks with insufficient projected cash resources for the next 12 months, though it targets Cespira break-even in 2027. Estimates have trended upward since the earnings release.