Natural Gas-Fueled Volvo Trucks Set for North American Tests

Pure Fuel-Fueled Volvo Vans Set for North American Exams


A Westport Gas Programs Volvo truck. Linde’s pilot mission is certainly one of various collaborations between Westport and Volvo Group. (Westport Gas Programs)

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The primary testing of pure gas-fueled European Volvo Group Class 8 vehicles on North American roads is about to start by the tip of September, and extra imports might be on the best way.

A part of a pilot mission in Alberta, Canada, run by industrial fuel and chemical compounds large Linde, 5 Volvo FH fashions outfitted with Westport Gas Programs’ high-pressure gas-injection gas system will undertake testing, in keeping with the Vancouver, British Columbia-based various gas system specialist.

The “Linde LNG Venture” will use Volvo European FH fashions with 460 Euro 6, 13-liter engines that may run on renewable bio-liquefied pure fuel (biogas) or LNG and use Westport’s high-pressure direct injection system.

Westport CEO David Johnson stated through the firm’s second-quarter 2023 earnings name Aug. 9 that “the primary of these vehicles [were] arriving in Canada round now.”

“At the moment, within the market all over the world, the one place you should purchase an HPDI-equipped truck is in Europe. From our perspective, the alternatives in China and North America and actually the remainder of world are fairly important,” Johnson stated, including, “We see utility in principally all of the [heavy-duty trucking] markets.

“And we stay up for the validation of these automobiles within the Canadian market as a result of that may then prime the pump, so to talk, for extra imports. It’s a extremely thrilling improvement for us that the European Volvo truck with HPDI may be imported into Canada now.”

The vehicles have been commercially accessible in Europe since 2018, and the Canadian authorities granted exemptions for the tractors to be deployed with out modification, Westport spokeswoman Christina Kraning stated in an electronic mail Aug. 9.

Linde’s pilot mission is certainly one of various collaborations between Westport and Volvo Group. In July, the businesses introduced an HPDI three way partnership, by which the mum or dad firm of Volvo Vans North America will take a forty five% stake.

The JV is predicted to launch within the first half of subsequent 12 months. Volvo — which sells the Volvo Vans and Mack Vans manufacturers within the U.S. Class 8 market — pays $28 million for the stake within the enterprise and will contribute as a lot as $45 million extra.

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Earlier than then, Volvo is launching revamped bio-LNG-fueled vehicles. The upgraded Volvo FH and FM fashions may have as much as 500 hp, revamped engines that the corporate believes will make them as much as 4% extra gas environment friendly, and a tank that’s 10% greater, which can supply an extended vary, in keeping with the Swedish firm.

Westport stated the launch harm its second-quarter revenues as prospects shied away from buying present choices, though executives stated this was to be anticipated. Gross sales are actually ramping up, Johnson stated.

Westport reported file quarterly income of $85 million in the latest three-month interval, up 6% from $80 million in the identical interval in 2022.

The rise was largely pushed by elevated gross sales volumes at its delayed unique gear producer, electronics and gas storage companies in addition to additional aftermarket gross sales in Japanese Europe and South America.

Westport’s web loss for the latest quarter widened to $13.2 million or 77 cents per diluted share from $11.6 million or 68 cents per share in the identical quarter a 12 months earlier on account of an mental property royalty settlement.

Johnson stated in an announcement that the outcomes had been stable given international financial and business environments. Along with the enhance from Volvo, Johnson stated late 2023 would see the beginning of liquid petroleum fuel gas system manufacturing and gross sales to an unnamed international OEM buyer.

The outcomes obtained optimistic suggestions from analysts. “We see [the second-quarter results] as the most recent illustration of Westport’s place as a key enabler of its OEM companions’ decarbonization plans, a view that’s supported by the deliberate HPDI JV with Volvo, which is powerful validation and can cement it as the trail ahead for Volvo and (we predict) different OEMs’ inner combustion engine choices (the overwhelming majority of the general market immediately and for the foreseeable future),” Craig-Hallum Capital Group Senior Analysis Analyst Eric Stine stated in a analysis be aware issued after the corporate’s earnings name.

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