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Westport Acquires OMVL of Italy and 100% of Juniper Engines for 19M; Launching a Light-Duty Automotive Strategy for Alternative Fuel Engines

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has acquired 100% of the outstanding shares of OMVL SpA and OMVL’s 51% share of Juniper Engines Inc. and SIT Group of Italy (the owner of OMVL), will become, indirectly, wholly owned by Westport. In 2009, Juniper Engines introduced its new 2.0-liter liter alternative fuel engines. Westport Innovations Inc.

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European car market logs best year for alternative fueled vehicles, lowest diesel share since 2001

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Strong results in Spain, Poland and the Netherlands were offset by falls in the UK, Italy and Sweden. The majority of vehicles registered in 2018 were powered by gasoline engines, with the fuel type making up 57% of all registrations. —Felipe Munoz, JATO’s global analyst.

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New EV market share in Europe hits 7.2% in Q2 2020, up from 2.4% in same period last year

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During the second quarter, passenger cars with conventional internal combustion engines took the biggest hit from the coronavirus crisis, with sales falling by more than half across the EU from April to June 2020. With 34,656 units sold over the period, alternative fuels held a market share of 1.9% to 526,645 units.

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Westport to acquire gas fuel system provider Emer S.p.A. of Italy

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Emer), of Brescia, Italy, for €27 million (approximately US$39.6 Founded in 1975, Emer is a leading fuel system provider in the compressed natural gas (CNG) and liquefied petroleum gas (LPG) industry. Westport Innovations Inc. has entered into a share purchase agreement to purchase Emer S.p.A.

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Westport to work with GM to develop advanced natural gas engine technology for light-duty vehicles

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has entered into an agreement with General Motors to help develop advanced natural gas engine technology for light-duty vehicles. Both General Motors and Westport will bring their expertise to developing natural gas engine controls, emissions and performance strategies. Westport Innovations Inc.

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Study finds carbon emissions benefits of reduction in oil demand depend on size of drop and global oil market structure

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New research led by Mohammad Masnadi, assistant professor of chemical and petroleum engineering at the University of Pittsburgh Swanson School of Engineering, offers a closer look at the relationship between decreasing demand for oil and a resilient, varied oil market—and the carbon footprint associated with both. Masnadi, M.S.,

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Sales of chargeable vehicles more than triple in EU in Q3 to take 9.9% new market share

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During the third quarter, cars powered by conventional internal combustion engines lost further ground, with their overall market share going down from 88.6% Hybrid electric vehicles (HEV) remained the bestselling alternatively-powered vehicle type in the EU, posting an increase of 88.8% in July-September 2019 to 75.4%

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