Westport Fuel Systems publishes 2025 annual report

• Westport’s annual report for the year ended Dec. 31, 2025 highlighted a major reshaping of the business through the July 29, 2025 sale of its Light-Duty segment for USD 60 million, leaving the company focused on High-Pressure Controls and its 55% stake in the Cespira joint venture with Volvo.
• Production started at two High-Pressure Controls facilities in Ontario and Changzhou, following a 2025 manufacturing shift out of Italy that disrupted deliveries during the transition.
• Cespira expanded activity in 2025, supported by higher sales volumes to its initial OEM customer, while signing an agreement to supply components for a truck trial with a second OEM.
• Management flagged liquidity pressure, projecting existing cash would not fund operations through the next 12 months, while pointing to potential financing options including a shelf prospectus that allows up to USD 100 million of securities issuance.
• Field testing for a proprietary high-pressure storage-based CNG solution is expected to begin in 2026, targeting faster commercialization of CNG-powered HPDI applications with lower lifecycle costs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Westport Fuel Systems Inc. published the original content used to generate this news brief on May 22, 2026, and is solely responsible for the information contained therein.