Westport Declares Closing of Previously Announced Light-Duty Segment Divestiture

Westport Fuel Systems Inc. (NASDAQ:WPRT) is among the 11 Best Hydrogen Stocks to Invest in Now. Westport Fuel Systems Inc. (NASDAQ:WPRT) has successfully sold its Light-Duty Segment for $79.5 million to Heliaca Investments, a Netherlands-based company that is fully controlled by Ramphastos Investments. The purchase, which was first announced on March 31, 2025, includes Westport Fuel Systems Italia S.r.l. and covers Light-Duty OEM, delayed OEM, and aftermarket operations. Performance milestones might result in earnouts of up to $3.9 million.

According to CEO Dan Sceli, the divestiture improves the balance sheet and refocuses attention on high-horsepower and heavy-duty applications that use LNG, CNG, and other fuel-agnostic systems. Westport Fuel Systems Inc. (NASDAQ:WPRT), a provider of low-emissions transportation systems for hydrogen, RNG, and natural gas, will put a focus on technological leadership, market expansion, and operational efficiency as part of its “New Westport” strategy. The corporation has started an internal process to optimize the financial gains from the sale. It is among the Best Hydrogen Stocks.

While we acknowledge the risk and potential of WPRT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than WPRT and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 High-Growth EV Stocks to Invest In and 13 Best Car Stocks to Buy in 2025.

Disclosure. None.