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Stock impact report

Westport (WPRT) & Volvo Launch JV to Boost HPDI Adoption [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
and global adoption of WPRT's High Pressure Direct Injection (HPDI) fuel system technology for long-haul and off-road applications. The JV, headquartered in Vancouver, Canada, will be led on an interim basis by Dan Sceli, CEO of Westport, with Scott Baker as vice president, product development and technology officer, and Anders Johansson as vice president and commercial officer. Per Dan Sceli, the JV would speed up the global commercial adoption of HPDI for OEMs by fully utilizing the HPDI fuel system. HPDI is ideally positioned to develop and implement cost-effective solutions in hard-to-abate sectors, such as heavy-duty transport and off-road applications. The JV's board will comprise three members appointed by each company. The initial board members include Andrea Fuder, chief purchasing officer of Volvo Group; Dan Hancock, chair of Westport's board; Dan Sceli, CEO and director of WPRT and Karl Viktor Schaller, Westport's board Member. Other members include Lars Stenqvist and J Show less Read more
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