Volvo has entered into an agreement with Westport Innovations to supply heavy duty natural gas engines.
Westport will supply its Westport HD technology and work together with the Sweden-based engine manufacturer to qualify appropriate suppliers consistent with Volvo volume and quality expectations. The new natural gas engines are expected to meet future European emission requirements.
In July 2008, Westport announced an agreement with Volvo to integrate and test Westport's HD system on Volvo engines. Under the new agreements, Westport and Volvo will share program development expenses.
The agreement requires Westport and Volvo to work to negotiate further agreements regarding certain elements of the development program. It also requires Westport and Volvo to satisfy certain milestones in order for the development program to continue, including the completion of the relevant technological, engineering and cost requirements and the completion of the further agreements.
Westport will supply its Westport HD technology and work together with the Sweden-based engine manufacturer to qualify appropriate suppliers consistent with Volvo volume and quality expectations. The new natural gas engines are expected to meet future European emission requirements.
In July 2008, Westport announced an agreement with Volvo to integrate and test Westport's HD system on Volvo engines. Under the new agreements, Westport and Volvo will share program development expenses.
The agreement requires Westport and Volvo to work to negotiate further agreements regarding certain elements of the development program. It also requires Westport and Volvo to satisfy certain milestones in order for the development program to continue, including the completion of the relevant technological, engineering and cost requirements and the completion of the further agreements.
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