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published: October 30, 2012
VANCOUVER, BC – Westport Innovations Inc. (TSX:WPT / NASDAQ:WPRT), the global leader in natural gas engines, today announced an agreement with Tata Motors to develop an engine for light- and medium-duty trucks and buses. Details of the combustion technology are being withheld for competitive reasons.
“Westport is developing a next generation engine technology for integration into a new engine platform with Tata Motors,” said Nicholas Sonntag, Executive Vice President, Westport Innovations. “This is a great opportunity to work with India’s largest engine manufacturer in a fast-growing marketplace demanding cost effective and environmentally conscious solutions. Our development schedule is accelerated and we believe it can be accomplished given the substantive market size and interest in natural gas vehicles in India."
Upon successful completion of the development phase, commercialization is expected to follow, with Westport supplying key natural gas engine components based on the proprietary technology being developed in this program.
Mr. Ravi Pisharody, Executive Director – Commercial Vehicles Business Unit of Tata Motors, said, “As national CNG and LNG fueling infrastructure continues to develop a need for innovative, low cost, reliable technologies natural gas will emerge. Tata Motors is already in the forefront in this area.”
Tata Motors is India's largest automobile company, with consolidated revenues of Rs. 1,65,654 crores ($ 32.5 billion) in 2011-12. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, Spain and South Africa. Among them is Jaguar Land Rover, the business comprising the two iconic British brands. It also has an industrial joint venture with Fiat in India. With over 7.5 million Tata vehicles plying in India, Tata Motors is the country's market leader in commercial vehicles and among the top three in passenger vehicles. It is also the world's fourth largest truck and bus manufacturer. Tata cars, buses and trucks are being marketed in several countries in Europe, Africa, the Middle East, South Asia, South East Asia and South America.
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.