Represents the Inaugural Adaptation of
H2 HPDI Fuel System for Rail Applications
VANCOUVER, BC, Nov. 6, 2023
/CNW/ - 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, today announced an agreement with a
leading global provider of locomotives and related equipment for
the freight and transit rail industries, to adapt its hydrogen
HPDI™ fuel system for use with the locomotive original equipment
manufacturer's ("OEM") engine design. The two-year H2
HPDI proof of concept project is expected to begin immediately and
is fully funded by the OEM.
This is Westport's first
application of the H2 HPDI system for a locomotive.
These applications require large capital investments in equipment
that must perform in demanding, sometimes isolated, harsh
environments. Westport's
H2 HPDI fuel system has the potential to be a retrofit
solution in this high horsepower market, leveraging the proven
durability of the base diesel engine, to quickly 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 horse power applications," said Scott Baker, Vice President of Global
Engineering for Westport Fuel Systems. "Rail is a market for
our hydrogen system and is clearly aligned with our approach to
provide alternative decarbonization solutions for all modes of
transportation. With near zero CO2 emissions,
H2 HPDI will assist our partner to affordably
decarbonize the transportation markets it serves."
Westport is committed to
realizing an affordable and viable pathway to minimize emissions
through its decades-long record of innovation, specialized
engineering, and market-ready products.
About Westport Fuel
Systems
At Westport, we are driving
innovation to power a cleaner tomorrow. We are a leading supplier
of advanced fuel delivery components and systems 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 by
transportation applications and the environmental benefits that
address climate change and urban air quality challenges.
Headquartered in Vancouver,
Canada, with operations in Europe, Asia,
North America, and South America, we serve our customers in more
than 70 countries with leading global transportation brands. At
Westport, we think ahead. For more
information, visit www.wfsinc.com.
About HPDI
HPDI is a cost-effective way to reduce CO2 in
long-haul trucking and other high-load and off-road applications.
Westport's HPDI fuel system is a
complete system offering OEMs the flexibility to differentiate
their biogas, natural gas, hydrogen, and other fuel product lines
easily while also maintaining maximum commonality with their
conventional diesel-fueled products. Using HPDI, greenhouse
gas-emitting fuels like diesel can be replaced with carbon-neutral
or zero-carbon fuels like biogas or hydrogen while maintaining the
durability, affordability, efficiency, and performance
characteristics that have come to be associated with diesel.
For additional information on HPDI please visit
https://wfsinc.com/technology/hpdi.
Forward-Looking
Statements:
This press release contains forward-looking statements,
including statements regarding the freight and transit rail
industries, the high horsepower market, and the factors responsible
for the potential growth and development of the H2 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 the views of management and
assumptions that may cause our actual results, levels of activity,
performance, or achievements to be materially different from any
future results, levels of activities, performance, or achievements
expressed in or implied by these forward-looking statements. These
risks, uncertainties, and assumptions include those related to the
general economy, supply chain disruptions, governmental policies
and regulation, high horsepower industry factors, the demand for
the H2 HDPI system, the affordability to decarbonize the
freight and transit rail industry, as well as other risk factors
and assumptions that may affect our actual results, performance, or
achievements, or financial position discussed in our most recent
Annual Information Form and other filings with securities
regulators. Readers should not place undue reliance on any such
forward-looking statements, which speak only as of the date they
were made. We disclaim any obligation to publicly update or revise
such statements to reflect any change in our expectations or in
events, conditions, or circumstances on which any such statements
may be based, or that may affect the likelihood that actual results
will differ from those set forth 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 by reference herein.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/westport-announces-hydrogen-hpdi-project-with-a-leading-global-locomotive-original-equipment-manufacturer-301977818.html
SOURCE Westport Fuel Systems Inc.