Westport, Volvo Form Emissions JV

March 11, 2024
JV aims to remove greenhouse gas emissions.

The Volvo Group and Westport Fuel Systems will partner on the use of high-pressure direct injection to reduce carbon emissions in internal combustion engines. The joint venture, pending regulatory and government approvals, aims to integrate Westport’s HPDI fuel system technology in long-haul and off-road applications.

Westport will contribute certain HPDI assets, including related fixed assets, intellectual property, and business. Volvo will acquire 45% interest in the JV for $28 million, plus up to an additional $45 million as an “earn out depending on the subsequent performance of the JV,” according to the companies.

Read also: Hydraulic-Injection Injury: Insidious, Potentially Devastating

High Pressure Direct Injection (HPDI) is a fuel system technology that can be applied in vehicles with internal combustion engines to replace greenhouse gas-emitting fuels, such as diesel, with carbon-neutral or zero-carbon fuels such as biogas or hydrogen.

“Decarbonization with internal combustion engines running on renewable fuels, especially with High Pressure Direct Injection (HPDI), plays an important part in sustainable solutions,” said Lars Stenqvist, CTO, Volvo Group, in a statement. “HPDI has been on the road in Volvo trucks for over five years and is a proven technology that allows customers to significantly reduce CO2 emissions in LBG (Liquified Biogas) applications here and now and is a potential avenue for hydrogen.”

About the Author

Rod Sutton

I have served as the editorial lead of Construction Equipment magazine and ConstructionEquipment.com since 2001. 

Our mission is to help managers of heavy equipment and trucks to improve their performance in acquiring and managing their fleets. One way we do that is with our Executive Institute, where experts share information and ideas that will enable equipment managers to accurately manage equipment costs so that they can deliver the optimum financial benefits to their organizations.

We also have a laser focus on product development, performance, and technology; as well as equipment acquisition, disposal, and maintenance. Our exclusive Field Tests take earthmoving equipment and truck into the field for professional evaluations.

Check out our free newsletters to see the latest content.

You can find me on LinkedIn.