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published: October 19, 2012
Westport Innovations Inc. (NASDAQ:WPRT / TSX:WPT), the global leader in natural gas engines, is lowering the price of its industry-leading Westport WiNG™ Power System. By making natural gas vehicles (NVGs) more affordable and accessible for U.S. truck fleets, the company is helping to reduce reliance on imported oil while supporting economic growth.
Starting with the 2013 Ford F-250 and F-350 Super Duty pickup truck models, the Westport WiNG™ System will be priced at an industry-leading $9,500 (down from $9,750). To achieve the reduction, Westport worked with its suppliers to lower the cost of components, while maintaining quality and performance standards.
Announced in 2011 and now in full production, the Westport WiNG™ System powers Ford’s F-250 and F-350 trucks with a bi-fuel system (CNG and gasoline) that can save fleets up to $2 or more per gallon in fuel costs and demonstrate positive payback in about two years. The Westport WiNG™ System also eliminates risk or anxiety in long distance driving with a 300-mile driving range on compressed natural gas (CNG) alone, and 650-mile range with both tanks full.
“We are doing this to make CNG vehicles more accessible to large and small fleets as well as to individuals,” said John Lapetz Westport LD VP and Managing Director. “Westport feels it is extremely important to accelerate the adoption of natural gas vehicles that have the potential to cut operating costs, reduce emissions and take advantage of an abundant, domestic resource.”
Westport Innovations Inc. is a leading global supplier of proprietary solutions that allow engines to operate on clean-burning fuels such as compressed natural gas (CNG), liquefied natural gas (LNG), hydrogen, and renewable natural gas (RNG) fuels such as landfill gas and help reduce greenhouse gas emissions (GHG). Westport technology offers advanced LNG fueling systems with direct injection natural gas engine technology for heavy-duty vehicles such as highway trucks and off-road applications such as mining and rail. Cummins Westport, our joint venture with Cummins Inc., designs, engineers and markets spark-ignited natural gas engines for medium- and heavy-duty transportation applications such as trucks and buses. Westport is also one of the global leaders for natural gas and liquefied petroleum gas (LPG) fuel system technology, design, and components in passenger cars, light-duty trucks and industrial applications such as forklifts. To learn more about our business, visit westport.com, subscribe to our RSS feed, or follow us on Twitter @WestportDotCom.