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Stock impact report

Westport's Alternative Fuel Technologies Can Play an Important Role in Meeting the Strengthened European Decarbonization Targets for Heavy-Duty Vehicles [Yahoo! Finance]

Westport Fuel Systems Inc - Common Shares (WPRT) 
Last westport fuel systems inc - common shares earnings: 3/17 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: wfsinc.com/investors/corporate-overview
Company Research Source: Yahoo! Finance
VANCOUVER, BC April 11, 2024 /PRNewswire/ - Westport Fuel Systems Inc. ("Westport" or the "Company") (TSX: WPRT) (Nasdaq: WPRT), a leading supplier of advanced alternative fuel systems and components for the global transportation industry, welcomes the recent agreement between European legislators regarding the lowering of CO emissions in the European Union's (EU) heavy-duty road transport sector. The regulatory agreement sets forth revised corporate CO emissions reduction targets for new original equipment manufacturers' (OEM) heavy-duty vehicles at 45 percent by 2030, 65 percent by 2035, and 90 percent by 2040 as compared to a 2019 baseline, while ensuring that existing innovative technologies are preserved. These emissions reduction targets maintain a degree of flexibility for OEMs to comply using a portfolio of CO reduction solutions including low carbon fuels, hydrogen combustion, fuel cell, and battery electric technologies. Zero-emission vehicles (ZEV) are a central element of Show less Read more
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