$Westport Fuel (WPRT.US)$ NEWS Westport Fuel Systems Inc. welcomes the EU's revised CO2 emissions reduction targets for heavy-duty vehicles, with a focus on achieving climate neutrality. Their H2 HPDI fuel system solution is aligned with ZEV regulations, offering a cost-effective and high-performance option for decarbonization in the transportation industry.
Analysts are optimistic about Westports due to its robust financial performance and expected recovery in regional trade. Strong intra-Asia volume is predicted to persist till 2024 due to reshoring by global manufacturers. However, risks include weaker container throughput and the rising US dollar impacting fuel costs.
Sceli's expertise in strategy building, transformation in automotive and manufacturing sectors, and insight into the global OEM market make him ideal to lead Westport's growth. His leadership and execution against a vision are expected to generate value for all stakeholders.
Gainers: •$Canoo (GOEV.US)$+71.3% (receives purchase order of 4500 Canoo Electric Delivery Vehicles from Walmart) •$Aldeyra Therapeutics (ALDX.US)$+14.1% (achieved primary endpoints in dry eye disease chamber crossover clinical trial) •$Westport Fuel (WPRT.US)$+10.9% (awarded 38 mln program) •$Greenwich LifeSciences (GLSI.US)$+5.9% (FDA has removed the clinical hold permitting the Flamingo-01 Phase III clinical trial to proceed...
Westport Fuel Stock Forum
NEWS
Westport Fuel Systems Inc. welcomes the EU's revised CO2 emissions reduction targets for heavy-duty vehicles, with a focus on achieving climate neutrality. Their H2 HPDI fuel system solution is aligned with ZEV regulations, offering a cost-effective and high-performance option for decarbonization in the transportation industry.
In reaction to earnings/guidance:
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• $Canoo (GOEV.US)$ +71.3% (receives purchase order of 4500 Canoo Electric Delivery Vehicles from Walmart)
• $Aldeyra Therapeutics (ALDX.US)$ +14.1% (achieved primary endpoints in dry eye disease chamber crossover clinical trial)
• $Westport Fuel (WPRT.US)$ +10.9% (awarded 38 mln program)
• $Greenwich LifeSciences (GLSI.US)$ +5.9% (FDA has removed the clinical hold permitting the Flamingo-01 Phase III clinical trial to proceed...
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