"China is greatly increasing its number of cars running on natural gas. This is good news for Westport"
it is breathtaking how true this is........my favorite take home point on this is the fact that china has
about a billion people.......
about a billion people ...give or take a rounding error larger than the US population
china does things in 10s of millions increments
its very very important to westport
they are doing well in China
But China will not pay much more for better
So their profit is much less
So even if sales continue at 100% increase there it is not enough to effect wprt
It does help in wprt cost and lowers their cost with higher volumes
Wprt passes saving on and means less profit per sale every where
But lower cost means more will use in long run