Westport Fuel Systems Inc (WPRT)

[pack10]

The transcript states their primary business are trucks. The other options that many thought would take over for diesel or NatGas were batteries. This statement from Paccar officials sums up that problem once again.

“I think there’s a growing sentiment that maybe the diesel [engine] with a zero-emission hybrid capability may be the best economic solution for those inner-city applications where you need that zero-emission requirement,” Paccar Inc. President Harrie Schippers said during a recent earnings conference call.

Paccar is the parent of the truck brands Kenworth Truck Co., Peterbilt Motors Co. and DAF.

A full-electric option still requires a breakthrough on the batteries and the weight, he said. Otherwise, “the economic case is a bit challenging.”

Schippers also is Paccar’s chief financial officer.