- Westport Innovations (WPRT +0.8%) enjoys a bump after Jim Cramer says WPRT is well positioned as more trucks turn to natural gas.
- CEO David Demmers tells Cramer that just 1% of all trucks in the U.S. are running on natural gas, but the trendline points to growth; many in the industry are racing to build the proper infrastructure to meet expected demand. (video)
- Nat gas is cleaner and cheaper than diesel, and wide availability in the U.S. and China will make it a popular energy source for years to come, the CEO says.
- WPRT also has a strong partnership with Ford, with its technology included in 11 vehicles and in the F-150 starting next year.
From other sites
at Fox Business (Oct 6, 2014)
at CNBC.com (Oct 1, 2014)
at MarketWatch.com (Aug 9, 2013)
at CNBC.com (Aug 7, 2013)
at CNBC.com (Jul 31, 2013)
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