Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Westport Fuel Systems ( (TSE:WPRT) ) has issued an announcement.
On January 22, 2025, Westport Fuel Systems announced the appointment of Carlos Gonzalez as President and CEO of Cespira, the company’s joint venture with Volvo Group, effective April 1, 2025. This strategic leadership change aims to leverage Gonzalez’s extensive experience in the automotive industry to drive Cespira’s growth and success in delivering sustainable transportation solutions. Gonzalez’s appointment is expected to enhance Cespira’s focus on customer satisfaction, environmental sustainability, and fleet efficiency, aligning with Westport’s commitment to innovation in hard-to-decarbonize transportation applications.
More about Westport Fuel Systems
Westport Fuel Systems is 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, catering to the global transportation industry. The company is headquartered in Vancouver, Canada, and operates across Europe, Asia, North America, and South America, serving customers in over 70 countries with technology aimed at improving environmental sustainability and fuel efficiency.
YTD Price Performance: 11.20%
Average Trading Volume: 77,059
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $73.68M
Learn more about WPRT stock on TipRanks’ Stock Analysis page.
