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Volvo Group and Westport, Canada partner for HPDI Technology for decarbonization
On July 19, Volvo Group and Westport Fuel Systems Inc. signed a non-binding letter of intent to establish a joint venture (JV) to accelerate the commercialization and global adoption of Westport's HPDI fuel system technology for long-haul and off-road applications. Volvo will acquire a 45% interest in the JV for USD ....
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