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October 14, 2025

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Cespira Signs Agreement to Supply Components for a Customer Truck Trial

Investing 4 Mins Read

Westport Fuel Systems Inc. (‘Westport’) (TSX:WPRT Nasdaq: WPRT), a supplier of alternative fuel systems and components for the global transportation industry, announced today that Cespira, Westport’s joint venture with the Volvo Group, has signed an agreement with and received full payment from a leading OEM for Cespira’s HPDI TM components to be utilized in a customer truck trial.

Cespira will deliver several hundred sets of a key component in support of the trial. The truck trial is designed to assess the market interest and viability of the direct injection system in certain heavy-duty trucking markets and is expected to form the basis upon which the OEM will determine whether to make a further investment to commercialize this system. It is also important to note that some of the other system components not supplied by Cespira and used during the trial have not been validated by Cespira. Further information regarding the trial is not disclosed for commercially sensitive reasons.

About Westport Fuel Systems
Westport is a technology and innovation company connecting synergistic technologies to power a cleaner tomorrow. As a leading supplier of affordable, alternative fuel, low-emissions transportation technologies, we design, manufacture, and supply advanced components and systems that enable the transition from traditional fuels to cleaner energy solutions.

Our proven technologies support a wide range of clean fuels – including natural gas, renewable natural gas, and hydrogen – empowering OEMs and commercial transportation industries to meet performance demands, regulatory requirements, and climate targets in a cost-effective way. With decades of expertise and a commitment to engineering excellence, Westport is helping our partners achieve sustainability goals—without compromising performance or cost-efficiency – making clean, scalable transport solutions a reality.

Westport Fuel Systems is headquartered in Vancouver, Canada. For more information, visit www.Westport.com.

Cautionary Note Regarding Forward Looking Statements
This press release contains forward-looking statements, including statements regarding the joint venture (‘JV’) between Westport and the Volvo Group, the JV’s delivery of several hundred sets of a key component for the customer truck trial, the trial’s objective to assess market interest and viability of the direct injection system in the heavy-duty trucking sector, and the potential for further investment to commercialize the system, the performance and competitiveness of Westport’s products and Westport’s ability to help our partners achieve sustainability goals. These statements are neither promises nor guarantees, but involve known and unknown risks and uncertainties and are based on both the views of management and assumptions that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activities, performance or achievements expressed in or implied by these forward-looking statements. These risks, uncertainties and assumptions include, but are not limited to, those related to the delivery and performance of the JV system during the trial, the market’s response to the system, the unvalidated nature of certain other system components not supplied by the JV, potential regulatory hurdles, customer demand, and other factors that could impact the heavy-duty truck sector or the JV’s operations, including the general economy, governmental policies and regulation, technology innovations, new environmental regulations, the acceptance of and shift to natural gas vehicles, the relaxation or waiver of fuel emission standards, the inability of fleets to access capital or government funding to purchase natural gas vehicles, the development of competing technologies, our ability to adequately develop and deploy our technology, the actions and determinations of our joint venture and development partners, as well as other risk factors and assumptions that may affect our actual results, performance or achievements or financial position discussed in our most recent Annual Information Form and other filings with securities regulators. Readers should not place undue reliance on any such forward-looking statements, which speak only as of the date they were made. We disclaim any obligation to publicly update or revise such statements to reflect any change in our expectations or in events, conditions or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in these forward-looking statements except as required by National Instrument 51-102. The contents of any website, RSS feed or twitter account referenced in this press release are not incorporated by reference herein.

Contact Information
Investor Relations
Westport Fuel Systems
T: +1 604-718-2046

News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com

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Politics

Shutdown threatens rural hospitals, veterans’ care as Democrats block GOP plan, Emmer warns

Politics 4 Mins Read

The No. 3 House Republican is accusing Democrats of making a hypocritical argument in their resistance to the GOP’s federal funding bill.

The government shutdown is in its thirteenth day with Republicans and Democrats still unable to agree on a path forward. The Trump administration is taking steps to prevent the military from missing paychecks this week, while also beginning to lay off scores of federal workers amid the standoff.

Democrats have said they will not agree to any solution that does not include serious concessions on healthcare from the GOP — but House Majority Whip Tom Emmer, R-Minn., argued that they are themselves harming healthcare access by allowing the shutdown to continue.

‘They are [jeopardizing healthcare],’ Emmer told Fox News Digital, pointing out that certain telehealth services, for example, are going without funding during the shutdown.

‘We had a huge advance during the pandemic when it came to remote care. You’ve got all kinds of constituents that don’t live in a condensed or a dense urban area right next to a hospital, right next to a provider, they may be a distance away. And the telehealth option actually made a big difference,’ Emmer said. ‘I know it did for our veterans.’

‘I don’t know if the VA — [House Veterans Affairs Committee Chairman Mike Bost, R-Ill.] made it sound like they’re going to protect that under his jurisdiction, not sure how — but I do worry about it for the private providers, hospitals. How are they going to do it if they’re not getting reimbursed?’

He was referring to the Acute Hospital Care At Home program, originally created during the COVID-19 pandemic. It allows healthcare providers to bill Medicare for telehealth appointments and at-home aid that previously was only reserved for hospital care.

It’s become a popular program for elderly or otherwise vulnerable Medicaid recipients, but the ongoing shutdown has prevented Congress from being able to extend it.

The government entered into a shutdown nearly two weeks ago on Oct. 1 after Senate Democrats rejected the GOP’s federal funding plan. They have since blocked consideration of the same bill six more times. 

Republicans proposed a seven-week bill extending fiscal year (FY) 2025 federal funding levels through Nov. 21 called a continuing resolution (CR). It’s aimed at giving congressional negotiators more time to strike a longer-term agreement on FY2026, which began on Oct. 1.

It passed the House along mostly partisan lines on Sept. 19. But Democrats in the House and Senate were largely infuriated by being sidelined in federal funding talks and are now demanding any spending deal that also include an extension of COVID-19 pandemic-era enhanced Obamacare subsidies that are set to expire at the end of this year.

Democrats also introduced a separate counter-proposal that would completely eliminate healthcare reforms made in the GOP’s One Big Beautiful Bill Act (OBBBA) and restore funding to NPR and PBS that the Trump administration revoked earlier this year.

Democrats have said that proposal is aimed at rolling back Republicans’ Medicaid cuts. But Republicans have positioned it as the left’s effort at restoring federal funding for illegal immigrants’ healthcare — though Democratic leaders panned that as a lie.

Emmer also pointed out that it would revoke $50 billion for a rural hospital fund that OBBBA put in place.

‘The Rural Health Care Fund is a great example. I mean, right now, it’s our job, it’s the representatives’ job back in their districts, to try and work with our hospitals to make sure that they can access the funds,’ he said.

‘Because you don’t know exactly how deep the shutdown is going to impact hospitals, providers, ultimately consumers and patients.’

This post appeared first on FOX NEWS

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