Engine and powertrain manufacturer Cummins Inc. announced it will acquire Westport Fuel Systems’ share of their joint venture, Cummins Westport Inc., which was established in 2001 to manufacture of natural-gas engines for commercial vehicles, tractors, and buses. The joint venture’s charter set its dissolution date at December 31, 2021.
According to Cummins, the purchase is valued at $20 million.
A primary development of the Cummins Westport venture has been the ISX series ultra-low NOx engines. Thanks to the joint venture’s work, Cummins offers medium-duty natural gas vehicle engines from 150 to over 400 horsepower, and reportedly has sold more than 30,000 such engines.
The purchase agreement includes Westport’s interest in the joint-venture’s intellectual property, developed in support of the venture’s spark-ignited engines.
Cummins noted that it also agreed with Westport to conduct a technical assessment of Westport’s hydrogen high-pressure direct injection system (H2 HPDI™) for potential use on Cummins’ hydrogen-fuel products.
