Westport Fuel Systems Signs MOU with Weichai Power

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Westport (WPRT) Surges 19% on MOU with Weichai Power

December 22, 2017 12:54 PM EST

Westport (NASDAQ: WPRT) is gaining 19% on volume that is running 5x the norm after announcing a non-binding Memorandum of Understanding with Weichai Power Co., Ltd. to provide support for the Westport HPDI development activities to meet China VI emissions standards and will supply certain components.

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