Westport Innovations Inc. (USA) (WPRT): Why Aren’t More Vehicles Running on Natural Gas?

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We have patents active in all of these fields, and we continue to invest very significant resources in maintaining our leadership position when it comes to patents, new technologies, new innovations.

I would also say our proprietary knowledge, which is not always — IP includes patents plus proprietary knowledge, so there is that part. Yes, our patents that may be 15, 17 years old are coming close to expiring, but in the last 15 years, every year we continue to file for new patents.

The state of the art when it comes to natural gas engines is changing, is rapidly evolving, and we continue to invest and innovate in that space, so I believe that’s an important consideration, but we do not worry about it, because we continue to invest and make sure that we maintain our leadership in this area.

The article Why Aren’t More Vehicles Running on Natural Gas? originally appeared on Fool.com and is written by Austin Smith.

Austin Smith has no position in any stocks mentioned. The Motley Fool recommends and owns shares of Westport Innovations. 

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