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WPRT: Its Independent Aftermarket Business and Delayed OEM Solutions

IN FOCUS: WESTPORT FUEL SYSTEMS AND ITS INDEPENDENT AFTERMARKET BUSINESS AND DELAYED OEM SOLUTIONS.

The alphaDIRECT Insight

Westport Fuel Systems IAM business has a global market share of approximately 25% and the company has comprehensive industry experience with a large network of independent distributors located all over the world. The company targets the development of new technologies for direct injection engines and improved selfcalibration tools to further reduce installation time and further improve performance. Its core IAM business focuses on the supply of systems and components to retrofit cars to be able to fuel with LPG or CNG. Westport Fuel Systems business model covers commercial relationships with car makers and local importers. Together with current market trends for alternative fuels and the reduction of diesel engines for light-duty vehicles, we believe that the company is well positioned to target larger quantities of petrol cars to be retrofitted and continue to expand into the approximately 1 million units per year world market of LPG/CNG conversion kits.

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