VANCOUVER, British Columbia (Dec. 07, 2022) — Westport Fuel Systems Inc. announced that it has been awarded a program to develop and supply liquefied petroleum gas (LPG) systems to a global original equipment manufacturer (OEM) to accommodate a number of its Euro 7 vehicle platforms. The deal is forecasted to generate €40 million in annual revenue with production expected to begin in Q1 2025.
Driving alternative fuel technology adoption from light-duty to heavy-duty applications is a keystone of Westport’s OEM technology supply strategy. Earlier this year, Westport was awarded a €38 million program to support this same OEM with LPG system solutions for its Euro 6 vehicle applications. In this new program, Westport will provide fuel systems solutions for the OEM’s Euro 7 applications, supplying the entire LPG system from the fuel tank to the fuel injectors.
“We are pleased to continue supplying this industry-leading OEM by supporting its mission to meet both Euro 6 and Euro 7 application requirements to help ensure cleaner vehicles and improved air quality for European communities,” said David M. Johnson, CEO of Westport Fuel Systems. “Our proven solutions provide the growing global market with affordable, clean transportation that optimizes overall vehicle performance and efficiency.”
Cost-competitive alternative fuel solutions such as LPG are a compelling option to reduce greenhouse gas emissions in markets like Europe where refueling infrastructure is well established. Alternative fuels for transportation applications are increasingly in demand globally as an affordable, efficient and clean alternative.
