Westport awarded program to supply Euro 7 LPG fuel systems to global OEM
by CM staff
The deal is forecasted to generate €40 million in annual revenue with production expected to begin in Q1 2025.
VANCOUVER — Westport Fuel Systems Inc has been awarded a program to develop and supply liquefied petroleum gas (LPG) systems to a global original equipment manufacturer (OEM) to accommodate several its Euro 7 vehicle platforms.
The deal is forecasted to generate €40 million in annual revenue with production expected to begin in Q1 2025.
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, Westport Fuel Systems. “Our proven solutions provide the growing global market with affordable, clean transportation that optimizes overall vehicle performance and efficiency.”
LPG and bio-LPG, also known as propane or autogas, is a clean-burning alternative fuel used to power light-, medium-, and heavy-duty vehicles. LPG-fueled vehicles are a cost-competitive low-emissions alternative to vehicles that use gasoline (petrol) or diesel, and the technology satisfies stringent regulatory requirements for emissions reductions. LPG-fueled vehicles are permitted to drive in emissions-restricted traffic zones in Europe.
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.
