Westport Innovations Goes Global
Mar 6th 2013 5:27PM
Updated May 15th 2013 1:20PM
In the following video, Motley Fool energy contributor Tyler Crowe talks with energy analyst Joel South about Westport InnovationsÂ Â and the co-marketing agreement it has just signed with Chinese company Enn Group. The company is similar to Clean Energy Fuels in that it is working in China to pioneer the natural gas fueling infrastructure, something that pairs well with Westport's natural gas engines. Tyler tells investors why, due to China's weak domestic oil sources and massive natural gas reserves, there may be even stronger motivation in that country to shift transportation to natural gas than there is in the U.S.
As the most advanced designer of engines powered by natural gas, Westport Innovations is a small company with a big goal: to lead the world in transitioning away from traditional oil-based fossil fuels in favor of abundant, cheap, and clean natural gas. The company has a price tag large enough to match its ambition and will need to grow revenue quickly in order to justify sky-high expectations. To help you determine whether Westport Innovations is right for your portfolio, The Motley Fool has just released a brand-new premium report breaking down the company's opportunities, competitive advantages, and risks. To get started, simply click here now for instant access.
The article Westport Innovations Goes Global originally appeared on Fool.com.Joel South owns shares of Ford. Fool contributor Tyler Crowe owns shares of Westport Innovations. The Motley Fool recommends Clean Energy Fuels, Cummins, Ford, and Westport Innovations. It owns shares of Cummins, Ford, and Westport Innovations. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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