Report: New Volvo LNG truck now on sale in Europe

Seeking Alpha

Published Mar 16, 2018 02:59PM ET

Report: New Volvo LNG truck now on sale in Europe

  • Volvo's (OTCPK:VOLVY, OTCPK:VOLVF) liquefied natural gas powered truck suitable for long distance freight haulage is now on sale in Europe, according to NGV Global News.
  • The natural gas-powered Volvo FM LNG emits 20% less carbon dioxide than a regular Volvo FM, and is powered by a 420 or 460 hp engine that delivers performance and productivity on par with a regular Volvo FM with the same power rating, according to the report.
  • Westport Fuel Systems' (NASDAQ:WPRT) high-pressure direct injection technology is being used in Volvo's LNG trucks, and Craig Hallum analyst Eric Stine calls the launch of the vehicles a "significant milestone" for the company.
  • Source: Briefing.com
  • Now read: Westport Fuel Systems Was A Darling In 2012, But Has Been A Dog Since
  • Original article

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