July 16
Westport Innovations Partners with Weichai Power, China\'s Largest Heavy Duty Engine Manufacturer
Joint Venture Powers International Growth in Engine Development
Westport Innovations Inc. (TSX:WPT), a global leader in alternative fuel, low-emissions transportation technologies, announced today that it has reached a joint venture agreement with Weichai Power Co.,Ltd (HK:2338), China\'s largest heavy duty engine manufacturer, and Hong Kong Peterson (CNG) Equipment Limited. The new entity, Weichai Westport Inc. (WWI), will research, develop, design, manufacture, market, distribute and sell advanced, alternative fuel engines (and relevant parts and kits) for use in automobiles, heavy duty trucks, power generation and shipping applications.
\"We are working with the largest heavy duty engine manufacturer in China where over 450,000 Heavy Duty trucks are introduced onto Chinese highways every year,\" said David Demers, CEO at Westport Innovations.
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Published: 16 July 2008
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Written by Editor
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Read more: Westport Innovations Inc ( WPT )