Westport, Volvo celebrate official launch of partnership

Volvo Group (VLVLY) and Westport Fuel Systems (WPRT) marked a defining moment in the journey of the newly formed joint venture as the two companies celebrated the official launch of their partnership with an exclusive event at the University of British Columbia, the birthplace of Westport’s HPDI fuel system technology. Nurtured for nearly 30 years within Westport, the two partners are coming together to jointly promote, develop and further accelerate the commercialization of the HPDI technology. In doing so, the JV will resolutely focus on moving forward affordable, sustainable transportation solutions using the internal combustion engine operating on renewable fuels now and hydrogen in the future. “This joint venture is poised to make a significant impact on global long-haul and off-road heavy-duty applications,” said Dan Sceli, CEO and Director of Westport Fuel Systems, and interim President of the Volvo/Westport JV. “By combining Volvo’s extensive expertise in commercial vehicle and power system manufacturing with Westport’s innovative fuel system technology, we are creating a powerful force for change that can make a meaningful contribution to reduce carbon emissions immediately and affordably. Together we are committed to delivering sustainable, efficient, and economically viable solutions for long-haul transportation.”