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Westport Fuel Systems Inc(WPRT-Q)
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Westport Awarded Additional Production Supply Agreement for Euro 7 LPG Fuel Systems by Global OEM

Newswire.ca - Tue Aug 8, 2023

VANCOUVER, BC, Aug. 8, 2023 /CNW/ - Westport Fuel Systems Inc. (TSX: WPRT) (NASDAQ: WPRT), a leading supplier of advanced alternative fuel systems and components for the global transportation industry, announced today it has been designated as the supplier of liquified petroleum gas (LPG) systems to a global original equipment manufacturer (OEM). This is in addition to the previously announced production supply agreement, adding new Euro 7 vehicle platforms planned for production by the OEM. This is forecasted to generate โ‚ฌ63 million in total revenue from 2025 to 2028. This increases the revenue generated from LPG fuel system supply agreements for Euro 6 and 7 programs with this OEM to approximately โ‚ฌ255 million.

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