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Westport Announces Start of Production at Two Key High-Pressure Controls and Systems Facilities

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Rhea-AI Sentiment
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Westport (TSX:WPRT / Nasdaq:WPRT) has started production at two expanded High-Pressure Controls and Systems facilities: an expanded product development and manufacturing site in Cambridge, Ontario, and a new China Hydrogen Innovation Center and Manufacturing facility in Changzhou, China. Initial GFI-branded products shipped to customers in December 2025, and both sites will continue ramping capacity through Q1 2026. The China facility targets local manufacturing for hydrogen commercial vehicles in the world's largest hydrogen transport market, which accounted for close to 50% of global sales in H1 2025.

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Positive

  • Production started at Cambridge, Ontario facility
  • Production started at Changzhou, China Hydrogen Innovation Center
  • Initial GFI product shipments completed in December 2025

Negative

  • Both facilities are ramping capacity through Q1 2026, so full output is not immediate

Key Figures

Revenue (cont. ops): $1.6M Revenue prior-year: $4.9M Gross margin: 31% +5 more
8 metrics
Revenue (cont. ops) $1.6M Q3 2025 revenue from continuing operations
Revenue prior-year $4.9M Q3 2024 revenue from continuing operations
Gross margin 31% Q3 2025 gross margin
Gross margin prior 14% Q3 2024 gross margin
Cash balance $33.1M Q3 2025 cash from continuing operations
Debt level <$4M Q3 2025 debt from continuing operations
Net loss $10.4M Q3 2025 net loss from continuing operations
Adjusted EBITDA -$5.9M Q3 2025 Adjusted EBITDA

Market Reality Check

Price: $1.88 Vol: Volume 35,808 vs 20-day a...
low vol
$1.88 Last Close
Volume Volume 35,808 vs 20-day average 108,095 indicates light trading ahead of this expansion news. low
Technical Shares at $2.07, trading below 200-day MA of $2.58 and 56.69% under the 52-week high.

Peers on Argus

WPRT was down 4.17% pre-news while peers were mixed: GTEC appeared in momentum s...
1 Up 1 Down

WPRT was down 4.17% pre-news while peers were mixed: GTEC appeared in momentum scanners up 4.73%, and REE was down 4.61%. With peers moving in both directions and no same-day peer news, the setup looks stock-specific rather than a coordinated sector move.

Historical Context

5 past events · Latest: Jan 02 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Jan 02 Board changes Positive +14.0% New chair and director added to strengthen finance and risk expertise.
Nov 10 Q3 2025 earnings Negative -0.5% Lower revenues and continued losses despite improved margins and higher cash.
Nov 06 Product platform news Positive +0.0% New CNG solution for HPDI engines targeting broader clean-fuel deployment.
Oct 22 Earnings scheduling Neutral -0.5% Announcement of Q3 2025 results release and related conference call details.
Oct 14 JV supply agreement Positive +7.7% Cespira deal to supply several hundred HPDI components for OEM truck trial.
Pattern Detected

Recent news has often produced strong moves, with three of five prior items showing clear alignment between news tone and price reaction.

Recent Company History

Over the past several months, Westport has reported significant strategic and financial transitions. Q3 2025 results showed revenues from continuing operations of $1.6M versus $4.9M a year earlier, but gross margin improved to 31% from 14% and cash rose to $33.1M with debt under $4M. The company also advanced HPDI-related agreements through Cespira and announced new CNG solutions and truck trials. A board refresh effective around Dec 31, 2025 and Jan 1, 2026 further supports its strategic shift toward high-pressure clean-fuel systems, into which this new production expansion fits.

Market Pulse Summary

This announcement expands Westport’s high-pressure hydrogen and alternative fuel manufacturing footp...
Analysis

This announcement expands Westport’s high-pressure hydrogen and alternative fuel manufacturing footprint in Canada and China, supporting GFI-branded components for commercial vehicles and industrial uses. It builds on prior HPDI and Cespira milestones and follows a year where revenues from continuing operations were $1.6M in Q3 2025 but gross margin improved to 31% and cash reached $33.1M. Investors may track utilization of these new facilities, order flow, and progress on the broader hydrogen and CNG/RNG strategy.

Key Terms

cng, rng, high-pressure control components, internal combustion engine
4 terms
cng technical
"advancing Westport’s global hydrogen, CNG and RNG strategies"
Compressed natural gas (CNG) is natural gas that has been pressurized to occupy less space so it can be used as a vehicle fuel or stored for later use, similar to how a bicycle pump compresses air into a small container. Investors watch CNG because it affects demand for energy, fuel infrastructure and vehicle fleets, and can shift costs and emissions profiles for companies in transport, logistics and utilities, influencing profitability and regulatory risk.
rng technical
"advancing Westport’s global hydrogen, CNG and RNG strategies"
Renewable natural gas (RNG) is methane captured from organic waste sources—like landfills, farms, or wastewater—and cleaned to match the quality of conventional natural gas. For investors, RNG matters because it turns waste into a marketable, low-carbon fuel that can create new revenue streams, qualify for environmental credits, and reduce a company’s carbon footprint much like turning trash into a sellable product.
high-pressure control components technical
"designing and manufacturing safety-critical, high-pressure control components for hydrogen"
High-pressure control components are the parts—such as valves, regulators, seals and fittings—that manage flow, pressure and shutoff in systems carrying gases or liquids at high pressure. They matter to investors because these components determine safety, reliability and operating cost in industries like energy, manufacturing and aerospace; think of them as the heavy-duty plumbing and circuit breakers that prevent leaks or failures, where quality affects downtime, liability and profit margins.
internal combustion engine technical
"serving both fuel cell and internal combustion engine applications"
A device that creates motion by burning fuel inside cylinders, turning the energy from small controlled explosions into mechanical force that drives wheels or machinery—think of it as a piston-driven muscle that converts fuel into movement. Investors care because its prevalence and efficiency shape demand for fuels, vehicle and parts makers, maintenance services, and emissions regulation exposure; changes in technology, fuel prices or rules can shift profits across entire industries.

AI-generated analysis. Not financial advice.

~  Global Production Expansion Strengthens Hydrogen and Alternative Fuel System Manufacturing Capacity  ~

VANCOUVER, British Columbia, Jan. 19, 2026 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (“Westport") (TSX:WPRT / Nasdaq: WPRT), a supplier of alternative fuel systems and components for the global transportation industry, announces the commencement of production at its expanded product development and manufacturing facility in Cambridge, Ontario and its new China Hydrogen Innovation Center and Manufacturing facility in Changzhou, China. Both facilities will support the development of Westport’s GFI-branded fuel system components by advancing Westport’s global hydrogen, CNG and RNG strategies and enabling local manufacturing capacity in China, a market widely cited as the largest in the world for hydrogen commercial vehicle deployment, with Chinese sales of hydrogen buses and trucks exceeding those of all other regions combined in 2024. Initial products were shipped to customers in December 2025, with both facilities continuing to ramp up capacity through the first quarter of 2026.

GFI: Leading Clean Energy Innovation
Westport’s High-Pressure Controls and Systems business (the “High-Pressure Business”), with its GFI™ products, is at the forefront of the clean energy revolution, designing, developing, and producing high-demand components for transportation and industrial applications. The High-Pressure Business specializes in designing and manufacturing safety-critical, high-pressure control components for hydrogen and alternative fuel systems, serving a variety of transportation and industrial markets. Westport’s High-Pressure Business supports automotive, truck, bus, and industrial original equipment manufacturers with GFI precision-engineered regulators, valves, and pressure relief devices for real-world duty cycles. For more information, please visit www.gficontrolsystems.com.

Global Presence and Strategic Expansion
“Westport’s GFI-branded hydrogen fuel system components have been active globally and especially in China for over a decade, serving both fuel cell and internal combustion engine applications,” said Dan Sceli, CEO of Westport. “These new and expanded facilities align with our growth strategy, enhance our capacity to meet rising global demand for natural gas and hydrogen advanced fuel technologies, and reinforce our regional manufacturing excellence to better service customers adopting high-pressure alternative fuels as a key low-emission transport solution.”     

Westport’s manufacturing expansion in China capitalizes on the nation’s prominent position in hydrogen investment and infrastructure development. The newly established facility is purpose-built to serve Westport’s existing and expanding customer base, providing essential hydrogen components for a range of applications, including commercial vehicles, buses, trains, marine, material handling, and stationary power generation. According to Driving Hydrogen, China is now the world’s largest hydrogen transportation market, achieving close to 50% of global sales in the first half of 2025 primarily due to its focus on commercial hydrogen fleets.

The China facility complements our expanded Cambridge, Ontario site for high-pressure controls. This supports Westport’s North American Innovation Hub and engineering work, improving GFI’s responsiveness and logistics.

About Westport 
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 is headquartered in Vancouver, Canada. For more information, visit Westport.com.

Cautionary Note Regarding Forward Looking Statements
This press release contains forward-looking statements within the meaning of applicable securities laws, including statements regarding the commencement and ramp-up of production at Westport’s new and expanded facilities, expected manufacturing capacity, anticipated customer demand, the growth of the hydrogen and alternative fuel markets, the strategic benefits of Westport’s global expansion, and the ability of Westport’s technologies and facilities to support future commercial deployments. These forward-looking statements are based on assumptions, expectations, estimates, forecasts, and projections that, while considered reasonable by Westport management at the date of this release, are subject to a number of risks and uncertainties.

Factors that could cause actual results to differ materially from those expressed or implied by these forward-looking statements include, among others, supply chain constraints, delays in facility ramp-up, operational challenges, customer adoption rates, regulatory developments, competitive pressures, economic conditions, and other risk factors detailed from time to time in Westport’s public disclosure filing with applicable securities regulators. Readers are cautioned not to place undue reliance on any forward-looking statements. Westport undertakes no obligation to update these forward-looking statements except as required by National Instrument 51-102.

Contact Information

Investor Relations
Westport 
T: +1 604-718-2046


FAQ

What did Westport (WPRT) announce on January 19, 2026 about new facilities?

Westport announced production start at its expanded Cambridge, Ontario site and a new Changzhou, China Hydrogen Innovation Center and Manufacturing facility.

When did Westport's new facilities first ship GFI products?

Initial GFI-branded products were shipped to customers in December 2025.

How long will Westport take to ramp the new Cambridge and China sites to capacity?

Both facilities are scheduled to continue ramping capacity through the first quarter of 2026.

Why is the Changzhou, China facility strategically important for Westport (WPRT)?

China is cited as the largest hydrogen commercial vehicle market, accounting for close to 50% of global sales in H1 2025, so local manufacturing improves service for regional customers.

Which product line will the new facilities support for Westport (WPRT)?

Both sites support Westport's High-Pressure Controls and Systems business and production of GFI-branded hydrogen, CNG, and RNG fuel system components.
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