Westport Fuel Systems Inc. WPRT.TO

Company Overview

Westport Fuel Systems Inc. is a Canada-based clean transportation technology company focused on alternative fuel systems and components for internal combustion engines. The company develops and supplies products that enable vehicles and industrial applications to operate on lower-carbon fuels such as compressed natural gas (CNG), liquefied natural gas (LNG), renewable natural gas (RNG), hydrogen, and liquefied petroleum gas (LPG). Westport operates within the global automotive, commercial transportation, industrial, and energy technology sectors, serving original equipment manufacturers (OEMs), fleet operators, distributors, and aftermarket customers.

The company’s primary revenue drivers include sales of fuel system components, pressure regulators, injectors, electronic controls, fuel storage integration technologies, and OEM engine solutions. Westport has historically positioned itself as a specialist in alternative fuel powertrain technologies, leveraging proprietary high-pressure direct injection (HPDI) systems and established relationships with global vehicle manufacturers. Founded in 1995 in Vancouver, British Columbia, the company evolved from a natural gas engine technology developer into a diversified alternative fuel systems supplier through internal development, licensing agreements, acquisitions, and joint ventures across Europe, Asia, and North America.