A critical and time sensitive analysis has been announced in regard to Westport Innovations by RulingTheMarkets.com.
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Today’s critical alert for Westport Innovations includes deep-dive fundamental analysis including: “Weichai Westport Inc. was officially formed in July 2010 and is a Joint Venture between Weichai, Westport and Peterson Equipment. WPRT has a 35% interest in the JV. The JV focuses on the Chinese market and develops, manufactures and sells alternative fuel engines and parts for use in cars, buses, heavy-duty trucks, power generation and marine applications. WWI is utilizing WPRT proprietary “high-pressure direct-injection” technology (HPDI) which provides the environmental and cost benefits of a natural gas engine while delivering comparable benefits of diesel engines over the speed and torque operating range, along with exceptional reliability.
China could be a big deal to Westport Innovations. Recently the Chairman of Weichai said their goal for this year is 15,000 units (over 12,000 had been sold in the first nine months). If achieved, this would represent a large increase over the 3,800 produced in 2010 and the 9,000 produced in 2011.”
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