Loading...
Loading...
cummins-to-purchase-rights-in-westport-fuel-systems-joint-venture-and-bolster-hydrogen-capabilities
cummins-to-purchase-rights-in-westport-fuel-systems-joint-venture-and-bolster-hydrogen-capabilities

Cummins to purchase rights in Westport Fuel Systems joint venture and bolster hydrogen capabilities

Cummins is set to purchase Westport Fuel Systems’ share in the companies joint venture in which Cummins will bolster its hydrogen expertise, revealed today (Feb 7).

With this, the joint venture will continue to operate however Cummins will be the sole owner of the company and look to accelerate its developments in the hydrogen economy.

As part of the agreement, Cummins also will buy Westport’s interest in the JV’s intellectual property, developed by the JV in support of the JV’s spark ignited engines, with proceeds to Westport of $20,000.

... to continue reading you must be subscribed

Subscribe Today

To gain access to this article and all our other content, you will need to subscribe to H2 View.

From the latest print editions, to 24/7 online access to exclusive interviews, authoritative columnists and the H2 View news archive, a subscription is the best way for you to stay up to date with developments in the hydrogen community.

Please wait...