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Stock impact report

Diesel's Demise: Westport Fuel Systems' Massive Opportunity [Seeking Alpha]

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: Seeking Alpha
Summary The death of diesel as a vehicle fuel will produce a number of winners. One of them is Westport Fuel Systems ( WPRT ). A Watershed Deal Having sold about 3,000 engines in the first half of 2018 via their joint venture with Cummins (Cummins-Westport), Westport Fuel Systems is on the verge of possibly selling 100,000s of HPDI 2.0 engine kits to the Chinese truck giant Weichai. The deal calls for a minimum of 18,000 HPDI 2.0 engines to be produced by Weichai between launch (H2 2019) and end of 2023. Each engine produced must include HPDI 2.0 components (an HPDI kit) sold by Westport to Weichai. Furthermore, Weichai must pay a royalty to Westport for each engine produced, for the use of Westport technology. As some may recall, Westport and Weichai have their own joint venture, named Weichai-Westport, which sold over 50,000 units in 2014. One may wonder how much Westport will make by selling the HPDI 2.0 systems to Weichai. Believe it or not, Westport may Show less Read more
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