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New Offering Increases Ford QVM Product Portfolio
published: August 1, 2013
VANCOUVER, BC – Westport Innovations Inc. (TSX:WPT / NASDAQ:WPRT), engineering the world's most advanced natural gas engines and systems, today announced it will offer the newly launched natural gas powered Ford F-150 featuring the Westport WiNG™ Power System in both the United States and Canada.
"Our customers have been anticipating the availability of a natural gas version of Ford's flagship pick-up truck, and as we believe Westport has the largest portfolio of Ford Qualified Vehicle Modifier (QVM) products, this will give us even greater options for fleets and consumers," said John Lapetz, Vice President, Westport. "Ford has recognized the market demand and responded by adding one of its most popular models to the natural gas line-up."
Westport expects to begin deliveries in the first quarter of 2014, applying its leading quality testing and manufacturing processes. Ford offers the base vehicle with a factory-installed, gaseous-fuel prep package that includes hardened valves, valve seats, pistons and rings allowing it to operate on either natural gas or gasoline. The Westport WiNG powered Ford F-150 will offer customers a range of options to meet their needs, in a variety of cab, bed and driveline configurations.
In June, Westport acquired BAF Technologies, Inc. and its subsidiary ServoTech Engineering, Inc., securing its position as Ford's largest partner under the QVM program with over 10 products and approximately 150 Ford authorized dealerships.
Pricing and details on how to order Westport WiNG powered F-150 trucks will be available in September. For more information about Westport's line up of Westport WiNG products, please visit www.wingpowersystem.com.
At Westport Fuel Systems, we are driving innovation to power a cleaner tomorrow. We are a leading supplier of advanced fuel delivery components and systems for clean, low-carbon fuels such as natural gas, renewable natural gas, propane, and hydrogen to the global automotive industry. Our technology delivers the performance and fuel efficiency required by transportation applications and the environmental benefits that address climate change and urban air quality challenges. Headquartered in Vancouver, Canada, with operations in Europe, Asia, North America and South America, we serve our customers in more than 70 countries with leading global transportation brands. At Westport Fuel Systems, we think ahead. For more information, visit www.wfsinc.com.
This document contains forward-looking statements about Westport’s business, operations, technology development or the environment in which it operates, which are based on Westport’s estimates, forecasts and projections. These statements include specifically, statements regarding the timing of delivery of Westport WiNG powered F-150 trucks and the timing of providing pricing and ordering details. These statements are not guarantees of future performance, are based on a number of assumptions and involve risks and uncertainties that are difficult to predict, or are beyond Westport’s control including the development of competing products and technologies, availability and supply of natural gas, price and supply of gasoline, timing of execution of agreements with distributors and other counterparties, and other risk factors and assumptions that may affect our actual results, performance or achievements. Consequently, readers should not place any undue reliance on such forward-looking statements. In addition, these forward-looking statements relate to the date on which they are made. Westport disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.