– Westport Announces HPDI™ Hydrogen Project with Leading Global Locomotive Original Equipment Manufacturer
Represents the inaugural adaptation of the H HPDI fuel system for railway applications
VANCOUVER, BC, Nov. 6, 2023 /PRNewswire/ — Westport Fuel Systems Inc. (“Westport” or the “Company”) (TSX: WPRT) (Nasdaq: WPRT), a leading provider of advanced fuel systems and components alternative for the global transportation industry, today announced an agreement with a leading global supplier of locomotives and related equipment to the freight and transit rail industries, to adapt its HPDI™ hydrogen fuel system for use with the engine design of the original equipment manufacturer (“OEM”) of the locomotive. The two-year H HPDI proof-of-concept project is expected to begin immediately and be fully funded by the OEM.
This is Westport’s first application of the H HPDI system for a locomotive. These applications require large capital investments in equipment that must operate in demanding, sometimes isolated and hostile environments. Westport’s H HPDI fuel system has the potential to be a retrofit solution in this high-power market, leveraging the proven durability of the base diesel engine, to rapidly decarbonize the rail sector. Westport believes this is a particularly affordable path to decarbonizing this sector without compromising performance or efficiency.
“We are excited to work with a globally recognized team to jointly demonstrate the decarbonization potential of our HPDI technology in high-power applications,” said Scott Baker, vice president of global engineering at Westport Fuel Systems. “Rail is a market for our hydrogen system and is clearly aligned with our focus on providing alternative decarbonisation solutions for all modes of transport. With near-zero CO emissions, H HPDI will help our partner affordably decarbonise the transportation markets it serves.
Westport is committed to achieving an affordable and viable path to minimizing emissions through its decades-long history of innovation, specialized engineering and market-ready products.
About Westport Fuel Systems
At Westport we drive innovation to drive a cleaner tomorrow. We are a leading provider of advanced fuel delivery systems and components for clean, low-carbon fuels, such as natural gas, renewable natural gas, propane and hydrogen, to the global transportation industry. Our technology delivers the performance and fuel efficiency required for transportation applications, as well as the environmental benefits to address climate change and urban air quality challenges. Headquartered in Vancouver, Canada, with operations in Europe, Asia, North America and South America, we serve customers in more than 70 countries with leading brands in the global transportation industry. At Westport, we think about the future. For more information, visit the website www.wfsinc.com.
About HPDI
HPDI is a cost-effective way to reduce CO in long-haul trucks and other off-road and heavy-duty applications. Westport’s HPDI fuel system is a complete system that offers OEMs the flexibility to easily differentiate their biogas, natural gas, hydrogen and other fuel product lines, while maintaining maximum similarity to their conventional diesel-powered products. . Using HPDI, greenhouse gas-emitting fuels, such as diesel, can be replaced with carbon-neutral or zero-carbon fuels, such as biogas or hydrogen, while maintaining the durability, affordability, efficiency and performance characteristics have associated with diesel.
For more information about HPDI, visit https://wfsinc.com/technology/hpdi.
Forward-Looking Statements:
This press release contains forward-looking statements, including statements regarding the rail transportation and freight industries, the high horsepower market and the factors responsible for the potential growth and development of the H HPDI system for the locomotive sector. These statements are neither promises nor guarantees, but involve known and unknown risks and uncertainties and are based on both management’s views and assumptions that may cause our actual results, levels of activity, performance or achievements to be materially different. of any future results, levels of activities, performance or achievements expressed or implied by these forward-looking statements. These risks, uncertainties and assumptions include those related to the general economy, supply chain disruptions, government policies and regulations, high power industry factors, H HDPI system demand, affordability to decarbonize the industry rail freight and transit, as well as other risk factors and assumptions that may affect our actual results, performance or achievements, or our financial position discussed in our most recent Annual Information Form and other filings with securities regulators. Readers should not place undue reliance on such forward-looking statements, which speak only as of the date on which they are made. We disclaim any obligation to publicly update or revise such statements to reflect any changes in our expectations or in events, conditions or circumstances on which such statements may be based, or which may affect the likelihood that actual results will differ from those stated. in these forward-looking statements, except as required by National Instrument 51-102. The contents of any website referenced in this press release are not incorporated herein by reference.
Contact: Media Relations, T: 1 947-339-8097, E: media@wfsinc.com; Investor Relations, T: 1 604-718-2046, E: invest@wfsinc.com
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