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Clean Energy Fuels Corp. Message Board

  • whassup44 whassup44 Jun 27, 2013 4:59 PM Flag

    Westport 12Liter engines are sold out for the year

    as reported in the Financial Post in Canada today.

    Open up those stations, trucks a coming..................

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    • jwtrice6@gmail.com jwtrice6 Jun 27, 2013 5:24 PM Flag

      But Westport and its partner Cummins Inc.’s new engine has many sitting up and taking notice.

      “Introduced just over one month ago, with great anticipation by many in the trucking community, the Cummins Westport ISX 12G engine will be the first natural gas product to be used in heavy duty applications, with the performance differential in horsepower and torque only 5% and 12%, respectively, less than its diesel counterpart,” said Citibank in its report.

      The engine is already sold out for the year.

      “You really could argue that natural gas-powered long-haul trucking just got started 12 weeks ago,” Mr. Seed noted. “You have competition between the OEMs, which is helping scale bringing prices down.”

      JP Morgan, which remains unimpressed with the company, says while the 12-litre engine could outperform expectations, a key barrier to adoption of long-haul LNG trucks in North America is the lack of fuelling infrastructure that could result in the company revenues being lower than expected.

      Sentiment: Buy

 
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